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AIBL rated at BBB+

Tuesday, 3 July 2007


Credit Rating Information and Services Ltd (CRISL), country's renowned credit rating agency, completed credit rating of Al-Arafah Islami Bank Limited (AIBL) based on 31st December 2006, said a press release.
They submitted the rating report to the bank management on June 17, 2007. As per CRISL's report AIBL obtained BBB+ for long term and ST-3 for short term.
The rating agreement between AIBL and CRISL was signed on February 18, 2007.