2026-01-30
Added · Updated
The Pakistan Credit Rating Agency (PACRA) issued this methodology to establish standardized credit rating criteria for securities brokers regulated by the Securities and Exchange Commission of Pakistan (SECP). The framework evaluates both qualitative factors, including ownership structure, governance, and management proficiency, and quantitative metrics such as revenue diversification, cost efficiency, market share, and growth trends. By integrating these elements with industry dynamics and regulatory oversight, the methodology enables PACRA to accurately assess each broker’s credit risk, financial sustainability, and competitive positioning within Pakistan’s capital markets.