JCR-VIS assigns final rating of A(SO) to issues of Tameer Micro Finance Bank Limited

Karachi, December 26, 2012 (PPI-OT): Having reviewed the legal documents, JCR-VIS Credit Rating Company Limited has finalized the rating of TFC issues (TFC-1 and TFC-2) of Tameer Micro Finance Bank Limited (Tameer) at ‘A(SO)’ (Single A (Structured Obligation)). The entity rating of Tameer is ‘A/A-1’ (Single A/A-One). Outlook on the assigned ratings is ‘Stable’.

The assigned ratings of the TFC issues derive support from the partial guarantee to the extent of 40% of the outstanding principal from State Bank of Pakistan under the Microfinance Credit Guarantee Facility (MCGF).

For more information, contact:
Mr. Javed Callea
Advisor
JCR-VIS Credit Rating Company Limited
Tel: +9221 35311861 (10 lines) (Ext: 501)
Fax: +9221 35311872-3
E mail: javed.callea@jcrvis.com.pk

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