2025-05-01

Added · Updated

Structured Finance Rating Methodology

VIS Credit Rating Company Limited has updated its structured finance rating criteria to provide a comprehensive methodology for evaluating securitization transactions in Pakistan. The revised framework assesses transaction structure, asset quality, cash flow adequacy, legal isolation of assets to bankruptcy-remote SPVs, servicer competence, and internal or external credit enhancements. By aligning with the SECP’s 2022 Asset-Backed Securitization Regulations, VIS ensures ratings accurately reflect credit risk and timely debt repayment for asset-backed and future flow securities.

VIS Credit Rating Company logo

Pakistan

VIS Credit Rating Company

Click to view full text