13 October 2009 – PACRA maintains JSGC’s rating

Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of JS Global Capital Limited at ‘AA’ (double A) and ‘A1+’ (A one plus) respectively. According to a press release issued on Monday, the ratings denote a very low expectation of credit risk emanating from very strong capacity for timely payment of financial commitments. The ratings reflect JSGC’s robust financial profile characterized by its sound capitalization, adequate liquidity and strong risk management systems.