AIRLINK 198.65 Decreased By ▼ -2.10 (-1.05%)
BOP 10.10 Decreased By ▼ -0.11 (-1.08%)
CNERGY 7.63 Decreased By ▼ -0.08 (-1.04%)
FCCL 39.39 Decreased By ▼ -0.67 (-1.67%)
FFL 16.58 Decreased By ▼ -0.23 (-1.37%)
FLYNG 26.52 Decreased By ▼ -0.13 (-0.49%)
HUBC 131.94 Decreased By ▼ -0.66 (-0.5%)
HUMNL 14.08 Increased By ▲ 0.16 (1.15%)
KEL 4.66 Increased By ▲ 0.01 (0.22%)
KOSM 6.59 No Change ▼ 0.00 (0%)
MLCF 45.95 Decreased By ▼ -0.79 (-1.69%)
OGDC 212.95 Increased By ▲ 0.52 (0.24%)
PACE 6.92 Increased By ▲ 0.02 (0.29%)
PAEL 42.36 Increased By ▲ 1.08 (2.62%)
PIAHCLA 17.12 Increased By ▲ 0.12 (0.71%)
PIBTL 8.08 Decreased By ▼ -0.03 (-0.37%)
POWER 9.30 Decreased By ▼ -0.12 (-1.27%)
PPL 181.60 Increased By ▲ 0.14 (0.08%)
PRL 41.30 Decreased By ▼ -0.48 (-1.15%)
PTC 26.30 Increased By ▲ 1.60 (6.48%)
SEARL 110.60 Decreased By ▼ -1.24 (-1.11%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 42.20 Decreased By ▼ -1.72 (-3.92%)
SYM 19.42 Increased By ▲ 0.44 (2.32%)
TELE 8.89 Increased By ▲ 0.02 (0.23%)
TPLP 12.75 Decreased By ▼ -0.17 (-1.32%)
TRG 67.10 Decreased By ▼ -0.37 (-0.55%)
WAVESAPP 11.37 Decreased By ▼ -0.05 (-0.44%)
WTL 1.77 Decreased By ▼ -0.02 (-1.12%)
YOUW 3.97 Decreased By ▼ -0.02 (-0.5%)
BR100 12,192 Increased By 21.4 (0.18%)
BR30 36,491 Decreased By -98.2 (-0.27%)
KSE100 114,892 Increased By 11.2 (0.01%)
KSE30 36,135 Increased By 9.9 (0.03%)

The State Bank of Pakistan (SBP) has renewed the status of External Credit Assessment Institutions (ECAIs) of both the credit rating agencies operating in Pakistan namely JCR-VIS Credit Rating Company Limited and The Pakistan Credit Rating Agency Limited for the calendar year 2010.
Standardised approach of credit risk under Basel-II requires banks/DFIs to use credit ratings assigned by the recognised ECAIs for the purpose of calculation of required capital.

Copyright Business Recorder, 2010

Comments

Comments are closed.