The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of NIB Bank Limited (NIB) at "AA-"(Double A Minus) and "A1+" (A One Plus), respectively. These ratings denote a very low expectation of credit risk. The rating of the listed, unsecured, and subordinated TFC issue of Rs 4,198 million has been maintained at "A+" (Single A Plus).
-PR