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January 6, 2006 Friday Zilhaj 5, 1426


Rating withdrawn



By Our Staff Reporter


LAHORE, Jan 5: The Pakistan Credit Rating Agency (Pacra) on Thursday announced withdrawal of its long-term credit rating of “BBB” (triple B) and short-term rating of “A3” (single A three) for Saudi Pak Commercial Bank Limited.

The ratings were notified in June last year, and have been withdrawn after the management of the bank terminated its rating relationship with Pacra.



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