Credit Rating

Karachi, December 13, 2023: VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of First Paramount Modaraba (FPM) at ‘BBB/A-3’ (Triple B/A-Three). Outlook on the assigned ratings is Stable. The previous rating action was announced on December 21, 2022.
CREDIT RATING COMPANY VIS
LONG TERM 'BBB'
SHORT TERM A-3
OUT LOOK STABLE