The Pakistan Credit Rating Agency (PACRA) and JCR-VIS have assigned a long-term rating of “A-” (A minus) and a short-term rating of “A2” (A Two) to Atlas Bank Limited (ATBL). These ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments .

Report : Click here to download the detailed rating report.

JCR-VIS Credit Rating Company Limited has reaffirmed the corporate governance rating of Atlas Bank Limited (ABK) of CGR-7, which denotes ‘moderately high level of corporate governance’.

Corporate governance ratings are arrived at after evaluating key governance elements of the rated enterprise, which include regulatory compliance, ownership structure, composition and operations of the board of directors and executive management, self-regulation, financial transparency and relationship with stakeholders.

Report: Click here to download the Corporate Governance Rating report.