The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term ratings of Metropolitan Bank Limited (MBL) at 'AA+' (Double A Plus) and A1+' (A One Plus), respectively.
These ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of financial commitments.
The ratings are applicable to the senior unsecured creditors (depositors) of the bank.
The ratings reflect the efficacy of the bank's business strategy and prudent risk management policies, which have enabled the bank to maintain excellent asset quality while ensuring sustainability of performance, despite the increasingly competitive and somewhat uncertain operating environment.