VIS upgrades entity ratings of Meezan Bank to AAA/A-1+
KARACHI: VIS Credit Rating Company Limited has upgraded the entity ratings of Meezan Bank Limited to ‘AAA/A-1+’ (Triple A/A-One Plus) from ‘AA+/A-1+’ (Double A Plus/A-One Plus), a statement said on Thursday. The medium- to long-term rating of ‘AAA’ denotes the highest credit quality, with negligible risk factors, being only slightly more than for risk-free debt … Read more