vital information services pvt. ltd.

JCR-VIS Credit Rating Co. Ltd. (JCR-VIS) is approved by Securities & Exchange Commission of Pakistan and State Bank of Pakistan, JCR-VIS is operating as a Full Service rating agency providing independent rating services in Pakistan. JCR-VIS is a joint venture between Japan Credit Rating Agency, Ltd. (JCR) - Japan's premier rating agency, Vital Information Services (Pvt.) Limited (VIS) Pakistans only data bank and financial research organization, Karachi Stock Exchange and Islamabad Stock Exchange. In January 2001 JCR and VIS entered into a Joint Venture Agreement whereby JCR acquired 15% share in DCR-VIS Credit Rating Co. Ltd. of Pakistan. As a result of this agreement, the name of the company changed from DCR-VIS Credit Rating Co. Ltd. to JCR-VIS Credit Rating Co. Ltd. (JCR-VIS). The DCR-VIS Credit Rating Co. Ltd. was incorporated in 1997 as a joint venture between VIS, Karachi Stock Exchange, Islamabad Stock Exchange and Duff & Phelps Credit Rating Co. (DCR). Subsequent to DCRs merger with Fitch IBCA, DCR sold its interests in DCR-VIS to VIS.