PACRA assigns Broker Management Rating to Alfalah Securities (Private) Limited

Lahore, January 30, 2018 (PPI-OT): Broker Management Rating of Alfalah Securities (Private) Limited apprehend its emerging position in the country’s brokerage industry. The rating reflects company’s well-adopted approach to keep market risk low. This mainly emanates from prohibition to take proprietary exposure in the market. Currently the company has several foreign broker/dealers on its panel and management is consistently working to expand further. Growing market share on foreign front, experienced top management, adequate risk management procedures are the key traits of the company.

Company is subsidiary of Bank Alfalah Limited, four top management personnel of the bank are currently at the board of the company in capacity of non-executive directors. Furthermore, company has plan to increase synergy with the bank to further enhance its retail segment. Company’s revenue stream is building up and lately reached its breakeven level. Sustainability of this trend is important.

Robust IT infrastructure installed, single ERP platform with full integration of modules. Company has well-developed research department which provides various market reports to its clients on daily basis. Furthermore, value added services including mobile app is available.

The rating entails on the company’s ability to improve its revenues volume and diversity to strengthen its emerging positioning in the industry. Moreover, key team, though comprising seasoned professional, is relatively new to Alfalah securities; holding and delivering together is critical.

For more information, contact:
The Pakistan Credit Rating Agency Limited (PACRA)
Awami Complex, FB1, Usman Block New Garden Town,
Lahore – Pakistan
Tel: +9242 586 9504 -6
Fax: +9242 583 0425
Email: hammad.rashid@pacra.com
Web: www.pacra.com