JCR – VIS Ratings

Announcement

We are pleased to inform that Foundation Securities (Pvt) Ltd has achieved another milestone towards better obligation performance and strategic plan. The JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has assigned initial entity ratings to Foundation Securities (Private) Limited

Foundation Securities
Fiduciary RatingBFR3+
Rating OutlookRating Watch – Developing
Rating dateFebruary 22, 2022

The rating reflects strength derived from our sponsors Fauji Foundation and the professional experience of the management. We now intend to have Broker Management Rating ‘BMR’ in future.

Thank you.