JCR-VIS Credit Rating Company Limited has upgraded the medium to long-term entity ratings of Samba Bank Limited (SBL) from 'A+ to AA-' (A Plus to AA minus) and reaffirmed its short-term rating at 'A-1' (A-One). Outlook on the assigned ratings is 'Stable'. These short and long-term ratings of the bank denote high credit quality with adequate protection factor and high certainty for timely payments to all financial commitment owing to strong liquidity position.
-PR