The Pakistan Credit Rating Agency Limited ("PACRA") has maintained the long-term and short-term entity ratings of Soneri Bank Limited at "AA-" (Double AA minus) and "A1+"(Single A one plus) respectively. These ratings denote a very strong capacity of timely payment of financial commitments. The rating of unsecured, subordinated, and listed Term Finance Certificates ("TFCs") of Rs 3,000 million has also been maintained at "A+" (Single A plus). This rating denotes a low expectation of credit risk.
-PR