Askari Bank - Outlook Revised to Negative

Overview

Capital Intelligence Ratings (CI Ratings or CI) has revised the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) Outlook of Askari Bank Limited (ABL) to Negative from Stable. At the same time, CI Ratings has affirmed ABL's LT FCR and Short-Term Foreign Currency Rating (ST FCR) at 'B-' and 'B', respectively. ABL's BSR of 'b-' and Core Financial Strength (CFS) rating of 'b+' have also been affirmed.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Pakistan, Askari Bank Limited)
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