Bank Makramah Limited Assigned ‘A-/A2’ Ratings with Positive/Stable Outlook by VIS

March 25, 2026: Bank Makramah Limited (BML) has been assigned initial entity ratings of ‘A-’ (Long Term) and ‘A2’ (Short Term) with a ‘Stable’ outlook by VIS Credit Rating Company Limited.

The assigned ratings reflect a significant improvement in the Bank’s credit profile, underpinned by strong sponsor support, successful recapitalization, ongoing restructuring initiatives, and a strengthened governance and liquidity framework.

It is noteworthy that the Bank’s last assigned ratings in 2018 stood at ‘BBB-’ (Long Term) and ‘A3’ (Short Term) with a ‘Negative’ outlook. Subsequently, the ratings were suspended in 2019.

The current assignment represents a restoration of ratings after suspension, along with a substantial upgrade in both long-term and short-term ratings, and a revision in outlook from Negative to Positive/Stable.

This achievement underscores the Bank’s comprehensive transformation journey, marked by capital strengthening, improved solvency position, enhanced governance structure, and consistent progress toward strategic objectives.

The milestone follows a record pre-tax profit of PKR 19 billion for the year ended 2025, alongside compliance with Minimum Capital Requirement (MCR) and Capital Adequacy Ratio (CAR) benchmarks.

Bank Makramah Limited now enters its next phase, defined by financial stability, strategic clarity, and sustainable value creation for its stakeholders.