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HomeEquityJCR-VIS finalizes rating of Silk Bank Ltd

JCR-VIS finalizes rating of Silk Bank Ltd

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.

Copyright Mettis Link News

Posted on: 2018-11-22T09:53:00+05:00

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