Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of MCB Pakistan Sovereign Fund (MCB-PSF), a medium-risk profile fund dedicated to investments in government securities. As of June 2025, the fund’s assets unde…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the MCB DCF Income Fund, classifying it under a medium risk profile. The Fund, known for its strategy of delivering fixed income returns, reported signific…
Lahore: The Pakistan Credit Rating Agency (PACRA) has assigned initial ratings to Service Tyres (Private) Limited, a subsidiary of Service Industries Limited, highlighting its significant standing in Pakistan’s tyre industry. With over 30 years in the…
Karachi: Reon Energy Limited, a prominent player in the smart energy solutions sector, has secured preliminary ratings from the Pakistan Credit Rating Agency Limited (PACRA) for a proposed privately placed Sukuk issuance of PKR 500 million. The move a…
Karachi: HBL announced a record profit before tax of Rs 112.2 billion for the first nine months of 2025, marking a 31% increase from the same period last year. This growth comes despite higher tax rates impacting the banking sector, with profit after …
Lahore: MCB Bank Limited has announced a robust financial performance for the nine months ending September 30, 2025, with a Profit Before Tax (PBT) of Rs. 87.48 billion. The bank’s Board of Directors, chaired by Mian Mohammad Mansha, declared a third …