JCR-VIS Credit Rating Company Ltd (JCR-VIS) has placed the unsolicited entity rating of AA(p) (Double A rating category) assigned to Orix Leasing Pakistan Limited (OLPL) under Rating Watch - Negative Status. This action has been triggered by the decision of the board to explore potential for possible merger of Orix Investment Bank Pakistan Limited (OIBPL) with OLPL.
-PR