Askari Bank Limited – Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Askari Bank Limited (ABL or the Bank) at 'C+' and 'C', respectively. At the same time, CI Ratings has affirmed ABL's Bank Standalone Rating (BSR) of 'c', Core Financial Strength (CFS) rating of 'b' and Extraordinary Support Level (ESL) of Uncertain. The Outlook for all ratings is Stable.

Attachments

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