JCR-VIS Credit Rating Company Limited has placed the entity ratings of 'BBB+A-3' (Triple B plus/A-three) assigned to Saudi Pak Commercial Bank Limited under 'Rating Watch - Developing' status in view of the decision taken by the major shareholders of the bank, Saudi Pak Industrial and Agricultural Investment Company Limited, to sell their shareholding. Investors will be notified of further developments on this front.
-PR
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