KARACHI: The National Credit Guarantee Company Ltd (NCGCL) has been assigned the highest credit rating in the country, the company said in a press release on Monday.
The AAA long-term rating by the Pakistan Credit Rating Agency `reflects NCGCL`s institutional strength and financial soundness,` the company said.
NCGCL issues credit guarantees to small and medium enterprises allowing them to borrow money from banks and non-bank financial institutions.
