Press Release

VIS Withdraws Entity Ratings of ASA Pakistan Limited

Karachi, April 04, 2023: VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘BBB+/A-3’ (Triple B Plus/A-Three) with ‘Stable’ outlook assigned to ASA Pakistan Limited (ASA Pakistan), with immediate effect, due to non-renewal of contract. Previous rating action was announced on April 29, 2022.

For further information on this rating announcement, please contact Ms. Maham Qasim at 042-35723411-13 (Ext. 8010) and/or the undersigned at 021-35311861-64 (Ext. 306) or email at info@vis.com.pk.





Faryal Ahmed
Deputy CEO

Applicable Rating Criteria: Microfinance Banks (June 2019)
https://docs.vis.com.pk/docs/Micro%20Finance%20201906.pdf

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