Press Release

VIS Withdraws Entity Ratings of Security Investment Bank Limited

Karachi, December 01, 2022: VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) assigned to Security Investment Bank Limited (SIBL) with immediate effect, on account of the management’s decision to discontinue the ratings. Previous rating action was announced on September 01, 2021.

For further information on this rating announcement, please contact Mr. Muhammad Tabish (Ext: 206) or the undersigned at 021-35311861 (Ext: 201) at 021-35311861 or email at info@vis.com.pk




Javed Callea
Advisor

VIS Entity Rating Criteria: Non-Bank Financial Companies (March 2020)
https://docs.vis.com.pk/docs/NBFCs202003.pdf

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