SBP Issues Credit Ratings of Banks, Microfinance Banks and DFIs


State Bank of Pakistan (SBP) has refreshed the FICO scores of 50 business banks, microfinance banks, and Development Finance Institutions working in Pakistan

As indicated by the points of interest, the FICO scores have been arranged in seven fragments including open division banks, specific and private banks, Islamic Banks, outside banks, DFIs, and microfinance banks

Among open division banks, there are five banks, for example, National Bank of Pakistan, Sindh Bank and Bank of Punjab

There are two particular banks including SME Bank and Zarai Taraqiati Bank

  • Business Banks incorporate Silk Bank, Askari Bank, JS Bank, Allied Bank, Habib Bank, United Bank, and so forth
  • Islamic Banks incorporate Meezan Bank, BankIslami, Dubai Islamic Bank, and so forth
  • Outside Banks incorporate Citibank, Deutsche Bank, and so forth,
  • DFIs incorporate House Building Finance Company, Pak Kuwait Investment Bank, Pakistan Oman Investment Bank, and so forth
  • Microfinance Banks including U Microfinance Bank, Telenor Microfinance Bank, Mobilink Microfinance Bank, and so forth

There are two affirmed FICO score offices in Pakistan—PACRA and JCR-VIS – that issue rating to nearby banks. Evaluations of outside banks are issued by Moody, Standard and Poor’s, and Fitch

The FICO scores of all banks and DFIs could be seen here in detail


A FICO score is an assessment of the credit danger of a planned account holder (a bank, a DFI, organization or a legislature), anticipating their capacity to pay back the obligation, and a certain figure of the probability of the indebted person defaulting. FICO assessments for borrowers depend on generous due tirelessness led by the rating offices

While a getting element will endeavor to have the most astounding conceivable FICO assessment since it majorly affects loan costs charged by moneylenders, the rating offices must take an adjusted and target perspective of the borrower’s monetary circumstance and ability to benefit/reimburse the obligation

A FICO assessment not just decides if a borrower will be endorsed for a credit, yet in addition decides the financing cost at which the advance should be reimbursed. Since organizations rely upon advances for some, new businesses and different costs, being denied an advance could spell debacle, and a high loan fee is substantially more hard to pay back

FICO scores likewise assume a vast part for a potential financial specialist to decide if to buy bonds. A poor FICO score is an unsafe speculation; it shows a bigger likelihood that the organization will be not able make its bond installments

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Arooj Fatima


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