National

LATEST NATIONAL NEWS. READ MORE

Business News

Current Business News. Read More

Company News

Corporate Company News. Read more

Official News

Government Official News. Read more

Press Releases

All Press Releases. Read More

Advertisement
Home » Business News, General

State Bank of Pakistan renews the Status of JCR-VIS and PACRA as Eligible External Credit AssessmentInstitutions

May 18, 2018

Karachi, May 17, 2018 (PPI-OT): State Bank of Pakistan has renewed the status of both credit rating agencies operating in Pakistan namely “JCR-VIS Credit Rating Company Limited (JCR-VIS)” and “The Pakistan Credit Rating Agency Limited (PACRA)” as eligible/ recognized External Credit Assessment Institutions (ECAIs) for the calendar year 2018. Banks and DFIs using the standardized approach of Basel framework are allowed to use credit ratings assigned by JCR-VIS and PACRA for CAR calculation purposes.

For more information, contact:
Chief Spokesman,
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, Pakistan
Tel: +92-21-111-727-111
Tel: +92-21-39212562
Fax: +92-21-39212433 – 39212436
Email: chief.spokesperson@sbp.org.pk
Website: www.sbp.org.pk

Related Posts