Karachi, June 29, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Habib Bank Limited (‘HBL’ or ‘the Bank’) at ‘AAA/A-1+’ (Triple A/A-One Plus). Rating of HBL’s Basel III compliant additional Tier-1 (ADT-1) TF…
Day: June 29, 2023
PACRA Assigns Initial Entity Ratings to PARCO Pearl Gas (Pvt.) Limited
Lahore, June 29, 2023 (PPI-OT): PARCO Pearl Gas (Private) Limited (PPGL, the company), a wholly owned subsidiary of Pak Arab Refinery Limited, is the largest LPG Marketing companies of the Country. The Company has a strong presence in Pakistan’s LPG se…
PACRA Maintains Entity Ratings of Kohat Textile Mills Limited
Lahore, June 29, 2023 (PPI-OT): Kohat Textile Mills Limited (Kohat Textile) commenced operations in 1967 and was listed on Pakistan Stock Exchange in 1970. Kohat Textile is the first textile venture of the Saif Group. The Company’s production facilitie…
PACRA Maintains Entity Ratings of Yunus Textile Mills Limited
Lahore, June 29, 2023 (PPI-OT): Yunus Textile Mills Limited (YTML) is a prominent textile venture of the Yunus Brothers Group. The group companies operate under the umbrella of YB Holdings – the flagship Hold Co of the group. Yunus Brother’s Group has …
PACRA Maintains Entity Ratings of Pakistan Kuwait Investment Company (Pvt.) Limited
Lahore, June 29, 2023 (PPI-OT): The ratings are underpinned by strong capitalization, diversified revenue stream, sound liquidity, prudent risk appetite, and efforts of the senior management to implement shareholders’ strategic goals and vision. The to…
PACRA Maintains Debt Instrument Rating of The Bank of Punjab | Additional Tier 1 Capital TFC | Jun-22
Lahore, June 29, 2023 (PPI-OT): The Bank of Punjab has built a franchise around its name, which itself is a reflection of strong parentage. The bank enjoys a respectable position in its peer universe, also reflected by its systemshare. The Bank grew it…
PACRA Maintains Debt Instrument Rating of The Bank of Punjab | TFC II | April-18
Lahore, June 29, 2023 (PPI-OT): The Bank of Punjab has built a franchise around its name, which itself is a reflection of strong parentage. The bank enjoys a respectable position in its peer universe, also reflected by its systemshare. The Bank grew it…
PACRA Assigns Initial Rating of The Bank of Punjab | Tier 2 | TFC-III | Apr-23
Lahore, June 29, 2023 (PPI-OT): The Bank of Punjab has built a franchise around its name, which itself is a reflection of strong parentage. The bank enjoys a respectable position in its peer universe, also reflected by its systemshare. The Bank grew it…
FESCO XEN Highlights Importance of Employee Skills Development and Performance Improvement at RTC Faisalabad
Faisalabad, June 29, 2023 (PPI-OT): Executive Engineer (XEN) Regional Training Center (RTC) Faisalabad Electric Supply Company (FESCO) Sajjad Haider Awan has said that it is very important to develop the skills of employees and improve their performanc…