Dubai Islamic Bank secures ‘A’ rating on account of high credit and asset quality: JCR-VIS

12:42
January 10, 2019
MG

January 10, 2018: Upon review of final signed legal documents, JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned finalized rating of ‘A’ (Single A) to Dubai Islamic Bank Pakistan Limited’s (DIBPL) proposed Basel 3 compliant Additional Tier-1 Sukuk. Outlook on the assigned rating is ‘Stable’.

DIBPL has issued privately placed/ OTC Listed, perpetual, unsecured, subordinated, non-cumulative and contingent convertible Shariah compliant Sukuk amounting up to Rs. 3.12b. The issue proceeds will contribute towards the bank’s Additional Tier-1 (ADT-1) capital and will be utilized towards enhancement of the bank’s business operations.

JCR-VIS has assigned entity ratings of AA-/A-1+ (Double A Minus/A-One Plus) to DIBPL indicating high credit quality. The assigned ratings reflect the Bank’s sound asset quality indicators, strong & consistent profitability growth over the last three years and adequate liquidity and capitalization indicators.

Copyright Mettis Link News

Posted on: 2019-01-10T17:42:00+05:00

25296

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.40000	278.50000	278.50000	278.40000	03:02 PM
2	EUR	1.06432	1.06444	1.06444	1.06432	05:57 PM
3	GBP	1.24370	1.24400	1.24400	1.24370	05:57 PM
4	CHF	0.91237	0.91259	0.91259	0.91237	05:57 PM
5	JPY	154.60000	154.61000	154.61000	154.60000	05:57 PM
6	CAD	1.37685	1.37706	1.37706	1.37685	05:57 PM
7	AUD	0.64198	0.64221	0.64221	0.64198	05:57 PM
8	INR	83.54350	83.54400	83.54400	83.54350	05:52 PM
9	SAR	3.75110	3.75130	3.75130	3.75110	02:57 AM
10	AED	3.67240	3.67270	3.67270	3.67240	02:57 AM
11	HKD	7.83103	7.83201	7.83201	7.83103	05:57 PM
12	CNH	7.24735	7.25173	7.25173	7.24735	05:57 PM
13	CNY	7.23820	7.23920	7.23920	7.23820	11:17 PM
14	THB	36.75100	36.90800	36.90800	36.75100	05:57 PM
15	MYR	4.78250	4.78750	4.78750	4.78250	04:16 PM
16	IDR	16,205.00000	16,219.00000	16,219.00000	16,205.00000	05:52 PM
17	SGD	1.36170	1.36270	1.36270	1.36170	05:57 PM
18	NZD	0.59000	0.59060	0.59060	0.59000	05:57 PM
19	MXN	17.05970	17.08970	17.08970	17.05970	05:57 PM
20	TRY	32.56990	32.57990	32.57990	32.56990	05:57 PM
21	SEK	10.95250	11.00530	11.00525	10.95253	05:57 PM
22	ZAR	19.11160	19.19350	19.19353	19.11157	05:57 PM
23	NOK	11.03610	11.08930	11.08928	11.03611	05:57 PM
24	DKK	7.00890	7.00990	7.00990	7.00890	05:57 PM
25	ARS	869.83100	869.84100	869.84090	869.83090	05:56 PM
26	BDT	108.05800	111.43000	111.42956	108.05773	07:19 AM
27	BHD	0.37699	0.37704	0.37704	0.37699	10:30 PM
28	BRL	5.24170	5.24470	5.24470	5.24170	05:52 PM
29	KRW	1,377.75000	1,379.75000	1,379.75000	1,377.75000	05:52 PM
30	KWD	0.30834	0.30844	0.30844	0.30834	02:57 AM
31	LKR	297.95700	304.51400	304.51357	297.95723	07:19 AM
32	OMR	0.38494	0.38509	0.38509	0.38494	02:00 AM
33	QAR	3.64550	3.64850	3.64850	3.64550	02:57 AM
34	RUB	93.70000	94.60000	94.60000	93.70000	03:59 PM
35	AFN	71.00000	73.00000	73.00000	71.00000	01:39 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:42 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	03:48 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	03:55 PM
39	UZS	12,690.00000	12,740.00000	12,740.00000	12,690.00000	04:06 PM
40	PHP	57.21000	57.34800	57.34800	57.21000	05:56 PM
42	NGN	1,149.77000	1,150.77000	1,150.77000	1,149.77000	04:53 PM
43	KES	132.00000	134.00000	134.00000	132.00000	03:36 PM
44	AMD	394.07000	394.07000	394.07000	394.07000	08:07 AM
45	TWD	32.45000	32.48000	32.48000	32.45000	05:57 PM
46	XAU	2,378.06000	2,379.11000	2,379.11000	2,378.06000	05:56 PM
47	XAG	28.21830	28.22770	28.22770	28.21830	05:56 PM
48	XPT	934.87400	944.44600	944.44600	934.87390	02:38 AM
49	XPD	1,029.12000	1,036.01000	1,036.00660	1,029.12330	02:39 AM
2,120	VES	36.25120	36.34220	36.34216	36.25125	03:49 PM
2,212	UGX	3,766.45000	3,850.73000	3,850.72810	3,766.44660	07:19 AM
2,213	TZS	2,582.99000	2,583.01000	2,583.01500	2,582.98500	03:48 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	70,645.30	70,290.119	69,783.32	-43.199	-0.061	237,694,811.0	11,463,504,265.170	18/04/2024 04:13 PM
ALLSHR	46,417.10	46,207.855	45,927.10	-25.142	-0.054	440,121,509.0	24,355,862,169.420	18/04/2024 04:13 PM
KSE30	23,225.12	23,093.810	22,904.89	-26.776	-0.116	98,900,681.0	9,116,464,844.550	18/04/2024 04:13 PM
KMI30	118,354.77	117,354.600	116,464.95	-245.338	-0.209	149,225,217.0	8,668,512,964.260	18/04/2024 04:13 PM
KMIALLSHR	32,968.78	32,723.866	32,557.70	-28.234	-0.086	281,881,154.0	20,769,541,762.000	18/04/2024 04:13 PM
BKTi	17,793.43	17,582.049	17,476.13	-169.939	-0.957	18,567,387.0	2,410,715,151.990	18/04/2024 04:13 PM
OGTi	16,667.42	16,459.940	16,334.74	-2.499	-0.015	12,106,369.0	1,792,912,599.580	18/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	63,695.0	64,390.0	61,005.0	2,565.00
BRENT CRUDE	EB	86.8	87.8	86.1	-0.49
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-5.20
ROTTERDAM COAL MONTHLY	ET	120.0	120.0	119.1	-0.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	81.9	82.8	81.1	-0.25
SUGAR #11 WORLD	SB	19.6	19.7	19.2	0.29

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