VIS Credit Rating Company Ltd. (VIS) has assigned initial entity ratings of ‘A-/A-2’ (Single A minus/Single A-Two) to Garibsons (Pvt.) Ltd. (GPL). Outlook on the assigned ratings is ‘Positive’. The long term rating of ‘A-’ signifies good credit quality with adequate protection factors.
Garibsons (Pvt) Ltd. was featured by Rice Exchange, a blockchain distributed ledger technology (DLT) for purchasing and selling rice. Garibsons is an active seller on the Rice Exchange platform.