Entity Ratings of Sindh Leasing Company Limited

Karachi, June 21, 2019 (PPI-OT):VIS Credit Rating Company Limited (VIS) has placed the entity ratings of Sindh Leasing Company Limited (SLCL) under ‘Rating Watch Developing’ status in view of the impending merger with Sindh Bank Limited (SBL). SLCL currently has entity ratings of ‘A+/A-1’ (Single A Plus/A-One). Previous rating action was announced on May 28, 2018.

For more information, contact:
Director Compliance and Rating Analytics,
VIS Credit Rating Company Limited
VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi, Pakistan
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: bilal@jcrvis.com.pk
Website: http://jcrvis.com.pk/