Rating of the Bank and Instrument
As of June 27, 2019, the JCR VIS Credit Rating Company Limited has maintained the entity ratings of Silk Bank Limited as given below. Outlook on the assigned ratings has been revised from “Positive” to “Stable”.
|Latest Rating||Previous Rating|
|Date||June 27, 2019
Rated, Privately Placed, Unsecured and Subordinated Term Finance Certificates
Rating of the Instrument: A- (“Single A Minus”) by JCR.