Emerging Credit Rating Limited (ECRL) has affirmed A+ (Pronounced as ‘Single A Plus’) long term credit rating and ST-2 short term credit rating to First Security Islami Bank Limited (hereinafter referred to as ‘FSIBL’ or ‘The Bank’) based on audited financials of FY2019-2022, and other available information up to the date of rating declaration. The outlook on the rating is Stable.