2025-07-31
Added · Updated
The Pakistan Credit Rating Agency (PACRA) establishes this methodology to standardize credit rating assignments for non-financial corporate entities across Pakistan. The framework evaluates standalone credit quality and relative peer positioning by integrating qualitative drivers (ownership, governance, management) with quantitative metrics (business and financial risk). Final ratings incorporate sector-specific adjustments, ESG subfactors, and sensitivity analysis of at least three years of historical data alongside forward-looking performance forecasts.