-PACRA ends AM3 ratings on IGI Funds.
BANKING AND CREDIT NEWS-June 29, 2011--PACRA ends AM3 ratings on IGI Funds(C)2011 M2 COMMUNICATIONS http://www.m2.com
29 June 2011 - The Pakistan Credit Rating Agency (PACRA) said Tuesday it pulled its AM3 asset manager ratings on local investment manager IGI Funds Ltd, part of IGI Investment Bank Ltd (KAR:IGIBL).
The withdrawal had immediate effect.
The outlook on the ratings was "positive".
The ratings were terminated as IGI Funds decided to end its rating relationship with the agency.
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|Publication:||M2 Banking & Credit News (BCN)|
|Date:||Jun 29, 2011|
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