Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Mahaana Islamic Cash Fund at ‘AA+(f)’ with a stable outlook, highlighting its strong credit quality and prudent investment strategy focused on Shari…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for Bestway Cement Limited, affirming both its long-term and short-term ratings at ‘AA-‘ and ‘A1+’ respectively, with a stable outlook, mirroring assessments from the…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Chashma Sugar Mills Limited (CSML) at ‘A-/A-2’, reflecting a stable outlook and a good credit quality. The medium to long-term rating of ‘A-‘ suggests adequate protec…
Karachi: VIS Credit Rating Company Ltd. (VIS) has reaffirmed the Broker Management Rating for Investment Managers Securities Private Limited (IMSPL) at ‘BMR3’, indicating a stable outlook. The confirmation, announced initially on May 30, 2023, reflects…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ‘A’ long-term and ‘A1’ short-term ratings for Fazal Cloth Mills Limited, reflecting the company’s robust position in Pakistan’s textile sector and its ongoing expansion and mo…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Soorty Enterprises (Pvt) Limited at ‘AA-/A-1’, indicating high credit quality and strong liquidity, with a stable outlook. The long-term and short-term ratings reflect the…
Karachi: Syed Mazhar Ali Nasir, the Former Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Vice Chairman of UBG Sindh Region, has called on the government and the State Bank of Pakistan (SBP) to urgentl…