Press Release

JCR-VIS places Ratings of Zarai Taraqiati Bank Limited on Rating Watch- Developing

Karachi, December 21, 2011: JCR-VIS Credit Rating Company Limited has placed credit ratings of Zarai Taraqiati Bank Limited (ZTBL) of ‘AAA/A-1+’ (Triple A / A-One Plus) and standalone ratings of ‘B+/B’ (Single B Plus / Single B) on ‘Rating Watch-Developing’ status. The rating action has been taken due to non-availability of financial statements for the year ended 2010 and onwards. The ratings would be reviewed once accounts are finalized.
For further information on this rating announcement, please contact Ms. Sabeen Saleem, CFA (Ext: 510) or Mr. Javed Callea (Ext: 501) at 35311861-70 (10 lines) or fax to 35311872-3.


Faheem Ahmed
President & CEO

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