The Pakistan Credit Rating Agency (Pacra) has maintained the ratings of First Habib Modaraba (FHM) at "AA" (Double A) and "A1+" (A one plus) for long-term and short-term, respectively. "A1+" is the highest short-term rating on Pacra's rating scale. The ratings indicate a very low expectation of credit risk emanating from very strong capacity for timely payment of financial commitments.
-PR