Financial Institutions

Micro Finance
Name Date Rating Type Long Term Short Term Outlook Action
Advans Pakistan Microfinance Bank Ltd 4/28/2023 Entity BBB A-3 Stable Downgrade
FINCA Microfinance Bank Limited 12/16/2022 Entity A- A-2 Negative Downgrade
HBL Microfinance Bank Limited (Formerly:The First MicroFinanceBank Limited) 4/28/2023 Entity A+ A-1 Stable Reaffirmed
Khushhali Microfinance Bank Limited 4/28/2023 Entity A- A-2 Rating Watch - Negative Downgrade
Khushhali Microfinance Bank Limited 8/18/2023 TFC-1 B Rating Watch - Negative Harmonised
Khushhali Microfinance Bank Limited 8/18/2023 TFC-2 B Rating Watch - Negative Harmonised
Mobilink Microfinance Bank Limited 5/8/2023 Entity A A-1 Stable Initial
NRSP Micro Finance Bank Ltd 4/27/2023 Entity BBB+ A-2 Rating Watch - Developing Downgrade
Pak Oman Microfinance Bank Limited 4/28/2023 Entity A- A-2 Negative Maintained
Rural Community Development Programs 4/26/2023 Entity BBB A-3 Stable Reaffirmed
U Microfinance Bank Limited 4/28/2023 TFC-2 A- Stable Reaffirmed
U Microfinance Bank Limited 4/28/2023 TFC-1 A Stable Reaffirmed
U Microfinance Bank Limited 4/28/2023 Entity A+ A-1 Stable Reaffirmed