The Pakistan Credit Rating Agency (Pacra) has maintained the long-term entity rating of Orix Leasing Pakistan Limited (OLP) at 'AA' (Double A), and the short-term rating at 'A1+' (A one plus). The rating for the Term Finance Certificate (TFC) of PKR 2,500 million has also been maintained at 'AA+' (Double A plus). These ratings denote a very low expectation of Credit risk emanating from a strong capacity for timely payments of financial commitments.

-PR

Copyright Business Recorder, 2010