SBP renews status of JCR-VIS, PACRA

KARACHI: State Bank of Pakistan (SBP) on Thursday renewed the status of both credit rating agencies operating in Pakistan namely “JCR-VIS Credit Rating Company Limited (JCR-VIS)” and “The Pakistan Credit Rating Agency Limited (PACRA)” as eligible/ recognized External Credit Assessment Institutions (ECAIs) for the calendar year 2016. Banks and DFIs ...