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KARACHI –PACRA has upgraded the long-term and short- term ratings of Standard Chartered Leasing Limited (SCLL) to “AA” (Double A), and “A1+” (A One Plus) respectively. [Previous: AA-/A1+], says a press release. The ratings reflect SCLL’s strong association with Standard Chartered Bank (Pakistan) Limited (SCBPL), the majority shareholder in the company.
