JCR-VIS withdraws entity ratings of Burj Bank

Published October 31, 2016 Updated October 31, 2016 03:38pm

1 min

By Parvez Jabri

Add BRecorder as a trusted
source on Google

KARACHI: JCR-VIS Credit Rating Company Limited has withdrawn the entity ratings of Burj Bank Limited (BBL) of `BBB+ /A-2' (Triple B Plus/ A-Two) on account of merger with Al Baraka Bank (Pakistan) Limited.

The pervious rating action was announced on May 6, 2016, said a press release here on Monday.

Read Comments