Financial Institutions

Micro Finance
Name Date Rating Type Long Term Short Term Outlook/Rating Watch Action
Advans Pakistan Microfinance Bank Ltd 4/30/2024 Entity BBB A-3 Positive Maintained
CSC Empowerment & Inclusion Programme (MFI) 2/22/2024 Entity BBB- A-3 Stable Initial
FINCA Microfinance Bank Limited 4/30/2024 Entity A- A-2 Rating Watch - Developing Maintained
HBL Microfinance Bank Limited (Formerly:The First MicroFinanceBank Limited) 4/30/2024 Entity A+ A-1 Stable Reaffirmed
Khushhali Microfinance Bank Limited 5/30/2024 Entity A- A-2 Rating Watch - Negative Reaffirmed
Khushhali Microfinance Bank Limited 5/30/2024 TFC-1 B Negative Maintained
Khushhali Microfinance Bank Limited 5/30/2024 TFC-2 B Negative Maintained
LOLC Microfinance Bank Limited (Formerly: Pak Oman Microfinance Bank Limited) 5/7/2024 Entity A- A-2 Stable Maintained
Mobilink Microfinance Bank Limited 5/7/2024 Entity A A-1 Stable Reaffirmed
NRSP Micro Finance Bank Ltd 5/6/2024 Entity A- A-2 Stable Upgrade
U Microfinance Bank Limited 6/10/2024 TFC-2 A- Stable Reaffirmed
U Microfinance Bank Limited 6/10/2024 Entity A+ A-1 Stable Reaffirmed