Meeting MCR and CAR: Atlas Bank granted extension till March 31

09 Jan, 2010

State Bank of Pakistan has granted Atlas Bank Ltd an extension till March 31 2010, to meet the MCR and Capital Adequacy Ratio (Car). Atlas Bank has been assigned a long-term rating of "A-" (A minus) and a short-term rating of "A2" (A Two) by the Pakistan Credit Rating Agency (Pacra). These ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment of the financial commitments.
-PR

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