SBP renews the Status of VIS and PACRA as Eligible External Credit Assessment Institutions

By MG News | July 30, 2020 at 11:55 AM GMT+05:00

0:00

July 30, 2020: The State Bank of Pakistan has renewed the status of both credit rating agencies operating in Pakistan namely “VIS Credit Rating Company Limited (VIS)” and “The Pakistan Credit Rating Agency Limited (PACRA)” as eligible / recognized External Credit Assessment Institutions (ECAIs) for the calendar year 2020.

Banks and DFIs using the standardized approach of Basel framework are allowed to use credit ratings assigned by VIS and PACRA for CAR calculation purposes.

Press Release

Related News

SBP targets to raise over Rs5tr: Auction Calendar Jul–Sep

PACRA maintains the entity ratings of Liberty Mills Ltd

TRG in Supreme Court

Name	Price/Vol	%Chg/NChg
KSE100	133,136.86 104.00M	-0.17% -233.28
ALLSHR	82,977.44 388.99M	-0.12% -103.72
KSE30	40,590.47 34.70M	-0.28% -114.84
KMI30	191,951.43 43.97M	-0.33% -629.25
KMIALLSHR	55,771.91 220.22M	-0.11% -63.80
BKTi	36,240.31 5.64M	-0.21% -76.86
OGTi	28,428.19 3.09M	-0.40% -114.77

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,670.00	108,880.00 107,680.00	215.00 0.20%
BRENT CRUDE	69.42	69.50 69.03	-0.16 -0.23%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.90 3.07%
ROTTERDAM COAL MONTHLY	106.00	106.75 106.00	0.25 0.24%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.74	67.97 67.40	-0.19 -0.28%
SUGAR #11 WORLD	16.25	16.46 16.07	-0.13 -0.79%