JCR-VIS finalizes rating of Silk Bank Ltd
MG News | November 22, 2018 at 09:53 AM GMT+05:00
November 22, 2018 (MLN): JCR-VIS Credit Rating Company Limited has finalized the rating of ‘A-’ (Single A Minus) assigned to Silk Bank Limited’s (SBL) Basel 3 Tier-2 debt instrument, upon review of signed legal documents and finalized security features.
Outlook on the assigned rating is ‘Stable’.
The previous rating action was announced on 24th April 2017.
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