FLASHNEWS:

Day: January 2, 2025

Sindh Microfinance Bank Limited Receives Credit Rating Upgrade

Karachi: Sindh Microfinance Bank Limited has received an upgrade in its credit ratings, reflecting a robust financial position and consistent profitability. The Pakistan Credit Rating Agency Limited (PACRA) announced the upgrade, which raises the bank…

December CPI Decreases to 4.1% Due to Base Effect

Karachi: The Consumer Price Index (CPI) for December 2024 has shown a decrease, registering at 4.1%, primarily attributed to a favorable base effect from last year’s high inflation levels. The average CPI for the first half of fiscal year 2025 stands …

PACRA Reaffirms Askari Bank’s Tier-II TFC Rating at AA

Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the debt instrument rating of Askari Bank Limited’s Tier-II Term Finance Certificates (TFC-VII) at AA with a stable outlook. This decision reflects the bank’s robust ownership…