News & Credit Rating Announcements
29 October 2019 | Country: Pakistan | Bank: National Bank of Pakistan
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National Bank of Pakistan’s Ratings Affirmed; Outlook Revised to Stable
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of National Bank of Pakistan (NBP) at 'B-' and 'B', respectively, and revised the LT FCR Outlook to Stable from Negative. At the same time, CI Ratings has assigned to NBP a Bank Standalone Rating (BSR) of 'b-' and a Core Financial Strength (CFS) rating of 'bb-'. The Outlook for the BSR is Stable.
Attachments
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Rating Announcement (CRA)
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Bank Rating Report (Pakistan, National Bank of Pakistan)
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