(For the period 2023-2024) The Pakistan Credit Rating Agency (PACRA) has maintained Long-Term and Short Term Ratings of Allied Bank Limited as “AAA” (Triple A) and “A1+” (A One plus), respectively.
(For the period 2022-2023) The Pakistan Credit Rating Agency (PACRA) has maintained Long-Term and Short Term Ratings of Allied Bank Limited as “AAA” (Triple A) and “A1+” (A One plus), respectively.
(For the period 2021-2022)The Pakistan Credit Rating Agency (PACRA) has maintained Long-Term and Short Term Ratings of Allied Bank Limited as “AAA” (Triple A) and “A1+” (A One plus), respectively.
(For the period 2020-2021) The Pakistan Credit Rating Agency (PACRA) has maintained Long-Term and Short Term Ratings of Allied Bank Limited as “AAA” (Triple A) and “A1+” (A One plus), respectively.
(For the period 2019-2020) The Pakistan Credit Rating Agency (PACRA) has retained Long-Term and Short Term Ratings of Allied Bank Limited as “AAA” (Triple A) and “A1+” (A One plus), respectively
(For the period 2018-2019) The Pakistan Credit Rating Agency (PACRA) has retained Long-Term and Short Term Ratings of Allied Bank Limited as “AAA” (Triple A) and “A1+” (A One plus), respectively.
(For the period 2017-2018) The Pakistan Credit Rating Agency (PACRA) has upgraded Long-Term Ratings of Allied Bank Limited “AAA” (Triple A) while the Short-Term Rating of the Bank is already at the highest level of “A1+” (A One plus).
(For the year ending December 2016)The Pakistan Credit Rating Agency (PACRA) has maintained Long-Term Ratings of Allied Bank Limited “AA+” (Double A plus) while the Short-Term Rating of the Bank is already at the highest level of “A1+” (A One plus).
(For the year ending December 2015)The Pakistan Credit Rating Agency (PACRA) has maintained Long-Term Ratings of Allied Bank Limited “AA+” (Double A plus) while the Short-Term Rating of the Bank is already at the highest level of “A1+” (A One plus).
(For the year ending December 2014)The Pakistan Credit Rating Agency (PACRA) has maintained Long-Term Ratings of Allied Bank Limited “AA+” (Double A plus). The Short-Term Rating of the Bank is already at the highest level of “A1+” (A One plus).
(For the year ending December 2013)The Pakistan Credit Rating Agency (PACRA) has maintained Long-Term Ratings of Allied Bank Limited “AA+” (Double A plus). The Short-Term Rating of the Bank is already at the highest level of “A1+” (A One plus).
(For the year ending December 2012)The Pakistan Credit Rating Agency (PACRA) has maintained Long-Term Ratings of Allied Bank Limited “AA+” (Double A plus). The Short-Term Rating of the Bank is already at the highest level of “A1+” (A One plus).
(For the year 2023) VIS Credit Rating Company Limited (VIS) has reaffirmed the Corporate Governance Rating of Allied Bank Limited at “CGR 9++”. This rating is only one notch below the highest level of 10, which the rating company usually does not give to any company. The rating signifies very high level of corporate governance.
(For the year 2022) VIS Credit Rating Company Limited (VIS) has reaffirmed the Corporate Governance Rating of Allied Bank Limited at “CGR 9++”. This rating is only one notch below the highest level of 10, which the rating company usually do not give to any company. The rating signifies very high level of corporate governance.
(For the Year 2021) VIS Credit Rating Company Limited (VIS) has upgraded the Corporate Governance Rating of Allied Bank Limited from “CGR-9+” to “CGR-9++” . This rating is only one notch below the highest level of 10 and signifies very high level of Corporate Governance. The corporate governance ratings are based on evaluation of key governance areas including regulatory compliance, ownership structure, composition and operations of the Board of directors and executive management, self-regulation, financial transparency, and relationship with the stakeholders.
(For the year 2020) VIS Credit Rating Company Limited (VIS) has reaffirmed the Corporate Governance Rating of Allied Bank Limited (ABL) at “CGR-9+”. This rating is based on a scale ranging from CGR-1 (lowest) to CGR-10 (highest). The ratings assigned to ABL reflects very high level of corporate governance practices instituted in the bank underpinned by sound internal control environment, financial transparency and regulatory compliance.
(For the years ending 2018-2019) VIS Credit Rating Company Limited (VIS) has reaffirmed the Corporate Governance Rating of Allied Bank Limited (ABL) at “CGR-9+”. This rating is based on a scale ranging from CGR-1 (lowest) to CGR-10 (highest). The ratings assigned to ABL reflects very high level of corporate governance practices instituted in the bank underpinned by sound internal control environment, financial transparency and regulatory compliance.
(For the year ending December 2017)JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the Corporate Governance Rating of Allied Bank Limited (ABL) at “CGR-9+”. This rating is based on a scale ranging from CGR-1 (lowest) to CGR-10 (highest). The ratings assigned to ABL reflects very high level of corporate governance practices instituted in the bank underpinned by sound internal control environment, financial transparency and regulatory compliance.
(For the year ending December 2016)JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the Corporate Governance Rating of Allied Bank Limited (ABL) at “CGR-9+”. This rating is based on a scale ranging from CGR-1 (lowest) to CGR-10 (highest).
(For the year ending December 2015)JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded the corporate governance rating of Allied Bank Limited (ABL) from “CGR-9” to “CGR-9+”. This rating is based on a scale ranging from CGR-1 (lowest) to CGR-10 (highest).
(For the year ending December 2014)The JCR – VIS Credit Rating Company has reaffirmed Corporate Governance Rating of Allied Bank Limited as CGR-9, denoting ‘very high level of corporate governance’. The rating is based on the scale ranging from CGR-1 (lowest) to ‘CGR-10’ (highest).
(For the year ending December 2013)The JCR – VIS Credit Rating Company has reaffirmed Corporate Governance Rating of Allied Bank Limited as CGR-9, denoting ‘very high level of corporate governance’. The rating is based on the scale ranging from CGR-1 (lowest) to ‘CGR-10’ (highest).
(For the year ending December 2012)JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded the Corporate Governance Rating of Allied Bank Limited (ABL) from‘CGR-8++’ to ‘CGR-9’, denoting ‘very high level of corporate governance’. This rating is based on the scale ranging from ‘CGR-1’ (lowest) to ‘CGR-10’ (highest). Corporate governance ratings are based on evaluation of key governance areas of the rated institution, which include regulatory compliance; board oversight; management profile; self regulation; financial transparency and relationship with stakeholders. The rating incorporates ABL’s commitment to adopt best practices with respect to corporate governance, as also stipulated in the revised Code of Corporate Governance (CCG) introduced by the Securities & Exchange Commission of Pakistan. ABL has achieved compliance with most of required changes stipulated in the new CCG.
Consequent to principal redemption and profit payment under the Call Option (early redemption) of the ABL TFC-II, the same will be delisted from Karachi Stock Exchange w.e.f. Wednesday, October 14, 2015.
The rating of the unsecured, listed and subordinated TFC-II (PKR 3,000 Million) has been maintained “AA” (Double A) by the Pakistan Credit Rating Agency (PACRA).
The rating of the unsecured, listed and subordinated TFC-II (PKR 3,000 Million) has been maintained “AA” (Double A) by the Pakistan Credit Rating Agency (PACRA).