Press Release

JCR-VIS Reviews and Reaffirms Entity and PPTFC Ratings of NRSP Microfinance Bank Limited

Karachi, October 30, 2017: JCR-VIS Credit Rating Company Limited (JCR-VIS) has performed the mid-year review and reaffirmed the entity ratings of NRSP Microfinance Bank Limited (NRSPB) at ‘A/A-1’ (Single A /A-One). The rating of Privately Placed Term Finance Certificate (PPTFC) has also been reaffirmed at ‘A’ (Single A). Outlook on the assigned ratings is ‘Stable’. The previous rating action on Entity and PPTFC rating was announced on April 28, 2017.


For further information on this rating announcement, please contact the undersigned (Ext: 207) at 021-35311861-70 or fax to 021-35311872-3.


Jamal Abbas Zaidi
Advisor

Applicable Rating Criteria:
Microfinance Banks (June 2016) (http://www.jcrvis.com.pk/kc-meth.aspx)

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