Rating by VIS
VIS Credit Rating Company Limited has maintained the entity ratings of House Building Finance Company Limited (‘HBFC’ of ‘the DFI’) at ‘A/A-1’ (Single A/A-One). The long-term rating of ‘A’ signifies good credit quality; protection factors are adequate. Risk factors may vary with possible changes in the economy. The short-term rating of ‘A-1’ indicates high certainty of timely payment; liquidity factors are excellent and supported by good fundamental protection factors.
Outlook on the assigned ratings has been revised from ‘Stable’ to ‘Positive.’
|Latest Rating||Previous Rating|
||June30 ,2022||June 28,21|
The ratings were issued on 30 June, 2022.
Read Press Release here: http://vis.com.pk/prFile.aspx?mRatingId=38820
To view complete rating report, click here: https://docs.vis.com.pk/RatingReports/OP_00500004011_0005000.pdf