Karachi: The latest data from the State Bank of Pakistan indicates a slight decrease in the Karachi Interbank Offered Rate (KIBOR) across most tenors as of June 30, 2025. This movement in rates reflects subtle shifts in the interbank lending environme…
Karachi: The Exchange Companies Association of Pakistan reported slight fluctuations in the open market exchange rates, marking the close of the fiscal year on June 30, 2025. The currency exchange rates, sourced from the State Bank of Pakistan, showed…
Karachi: The State Bank of Pakistan has announced the weighted average customer exchange rates for various currencies as of June 30, 2025. The data, issued by the Domestic Markets and Monetary Management Department, provides the buying and selling rat…
Karachi: Askari Bank Limited (AKBL) has maintained its ratings, benefiting from a robust ownership structure and strategic affiliation with the Fauji Group, according to The Pakistan Credit Rating Agency Limited. This association has bolstered the Ban…
LAHORE: The Bank of Punjab (BOP) has maintained its robust market position, bolstered by the strong support of its primary shareholder, the Government of Punjab. This strategic backing has allowed BOP to tap into underserved market segments, focusing …
KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the ratings of Bank Alfalah Limited (BAFL) for its Additional Tier 1 Term Finance Certificates, amounting to PKR 7 billion. This confirmation reflects the bank’s sustained growth …
Karachi: The KSE-100 Index saw a significant increase of 1,248 points, reaching a new high of 125,627, with a substantial 1,142 million shares changing hands. The stocks YOUW, FABL, and BNWM led in price increases, while PGLC, TRG, and AGL experienced…