Financial Institutions

Micro Finance

Name Date Rating Type Long Term Short Term Outlook Action
Advans Pakistan Microfinance Bank Ltd 4/29/2022 Entity BBB+ A-3 Stable Reaffirmed
ASA Pakistan Limited 4/29/2022 Entity BBB+ A-3 Stable Reaffirmed
FINCA Microfinance Bank Limited 12/16/2022 Entity A- A-2 Negative Downgrade
HBL Microfinance Bank Limited (Formerly:The First MicroFinanceBank Limited) 4/30/2022 Entity A+ A-1 Stable Maintained
Khushhali Microfinance Bank Limited 12/16/2022 Entity A A-2 Rating Watch - Developing Downgrade
Khushhali Microfinance Bank Limited 12/16/2022 TFC-1 BB- Rating Watch - Developing Downgrade
Khushhali Microfinance Bank Limited 12/16/2022 TFC-2 BB- Rating Watch - Developing Downgrade
NRSP Micro Finance Bank Ltd 4/29/2022 Entity A- A-1 Negative Downgrade
Pak Oman Microfinance Bank Limited 4/30/2022 Entity A- A-2 Stable Maintained
Rural Community Development Programs 4/29/2022 Entity BBB A-3 Stable Maintained
Telenor Microfinance Bank Limited 4/30/2022 Entity A A-1 Stable Maintained
U Microfinance Bank Limited 2/3/2022 TFC-2 A- Stable Preliminary
U Microfinance Bank Limited 4/30/2022 TFC-1 A Stable Reaffirmed
U Microfinance Bank Limited 4/30/2022 Entity A+ A-1 Stable Reaffirmed