Press Release

VIS Suspends Entity Ratings of BMA Capital Management Limited

Karachi, October 08, 2021: VIS Credit Rating Company Ltd. (VIS) has suspended the entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) assigned to BMA Capital Management Limited (BMA), with immediate effect, due to non-availability of information for rating analysis. The ratings will be reassessed as and when the required information is available. Previous rating action was announced on May 12, 2020.

For further information on this rating announcement, please contact the undersigned (Ext: 201) or Mr. Muhammad Tabish (Ext: 204) at 021-35311861-71 or fax to 021-35311872-3.




Javed Callea
Advisor

Applicable rating criteria: Methodology - Securities Firms Rating (July 2020)
https://s3-us-west-2.amazonaws.com/backupsqlvis/docs/SecuritiesFirm202007.pdf

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