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S&P Assigns Long-term B- Rating to Nadra Bank

S&P Assigns Long-term B- Rating to Nadra Bank

10 January 2008

Standard & Poor’s has rated Nadra Bank (NADR: N/R) a long-term B- with a stable outlook. The agency said that the rating reflects the bank’s strong growth, and takes into account its vulnerable liquidity position and the moderate profitability of its core business.

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