Ratings of Soneri Bank

KARACHI The PACRA has maintained the long-term and short-term entity ratings of Soneri Bank at AA- (Double A minus) and A1+ respectively, says a press release. These ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of financial commitments. The rating of unsecured, subordinated TFC issue of PKR 1,200mln has also been maintained at A+ (Single A plus).

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