Press Release

VIS withdraws Instrument Rating of FINCA Microfinance Bank Limited

Karachi, April 30, 2020: VIS Credit Rating Company Limited (VIS) has withdrawn the preliminary instrument rating of ‘A-’ (Single A Minus) assigned to the proposed Tier-II privately placed term finance certificate (PPTFC) of Finca Microfinance Bank Limited (FINCA MFB) with immediate effect on account of the instrument not being issued. Previous rating actions were announced on April 22, 2019.

For further information on this rating announcement, please contact Ms. Maham Qasim (042-25723411-13, Ext: 8005) or the undersigned at 021-35311861-70 or email at info@vis.com.pk.



Faryal Ahmad Faheem
Deputy CEO

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