{"id":5323,"date":"2025-07-03T10:51:16","date_gmt":"2025-07-03T05:51:16","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=5323"},"modified":"2025-07-03T10:51:16","modified_gmt":"2025-07-03T05:51:16","slug":"vis-upgrades-entity-ratings-of-faysal-bank-ltd","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=5323","title":{"rendered":"VIS upgrades entity ratings of Faysal Bank Ltd"},"content":{"rendered":"

KARACHI: VIS Credit Rating Company Limited (VIS) has upgraded entity ratings of Faysal Bank Limited<\/a> (\u2018FABL\u2019 or the \u2018Bank\u2019) to \u2018AA+\/A1+\u2019 (Double APlus\/A One Plus) from \u2018AA\/A1+\u2019 (Double A\/A One Plus).<\/p>\n

Medium to long-term rating of \u2018AA+\u2019 indicates high credit quality; protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions. Short-term rating of \u2018A1+\u2019indicates the strongest likelihood of timely repayment of short-term obligations with outstanding liquidity factors. The outlook on the assigned ratings is \u2018Stable.\u2019 Previous rating action was announced<\/a> on June 28, 2024.<\/p>\n

The assigned ratings to FABL reflect a sound financial profile, underpinned by FABL\u2019s strong trajectory in Islamic banking after successful transformation into a full-fledged<\/a> Islamic bank. Moreover, digital transformation, asset quality, and prudent financial management have supported the upgrade.<\/p>\n

The Bank, along with its subsidiaries, is recognized as a leader in Shari\u2019ah compliance, holding a Shari\u2019ah Compliance and Fiduciary Rating of \u2018SCFR(PK) 1\u2019 on the national scale from the Islamic International Rating Agency(IIRA)\u2014indicating no material deviations from the national regulatory framework for Shari\u2019ah-compliant finance.<\/p>\n","protected":false},"excerpt":{"rendered":"

KARACHI: VIS Credit Rating Company Limited (VIS) has upgraded entity ratings of Faysal Bank Limited (‘FABL’ or the ‘Bank’) to ‘AA+\/A1+’ (Double APlus\/A One Plus) from ‘AA\/A1+’ (Double A\/A One Plus). Medium to long-term rating of ‘AA+’ indicates high credit quality; protection factors are strong. Risk is modest but may vary slightly from time to […]<\/p>\n","protected":false},"author":1,"featured_media":5324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1299],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t