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The Pakistan credit Rating agency (Pacra) has maintained the long-term and short-term entity ratings of JS Global Capital limited (JSGC) at "AA" (Double A) and "A1+" (A One plus), respectively. The ratings denote a very low expectation of credit risk emanating from very strong capacity for timely payment of financial commitments.
The ratings reflect JSGC's robust financial profile characterised by its sound capitalisation, adequate liquidity, and improving operating revenues. The ratings, while taking into account strong parentage of the company - JS group also factor in the group's extensive experience in capital market operations. Meanwhile, the company maintains a low risk profile owing to its policy of not engaging in proprietary trading.-PR

Copyright Business Recorder, 2008

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