Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, which show consistent rates across various tenors as the year concludes.
According to the data sourced from Refinitiv, the one-week, two-week…
Karachi: Lucky Cement held a corporate briefing to discuss its business performance and future outlook, highlighting a projected 9-10% growth in local cement demand for the fiscal year 2026. The company attributed this expected growth to an improving …
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its rating for JS Bank Limited, reflecting a stable outlook despite a rise in non-performing loans. The bank, following its acquisition of a majority stake in BankIslami Pakista…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its rating for JS Bank Limited’s (JSBL) PKR 2.5 billion Perpetual Term Finance Certificates (PPTFC). This rating reflects JSBL’s strengthened position following its majority acq…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its rating for JS Bank Limited’s (JSBL) PKR 2.5 billion Perpetual Term Finance Certificates (PPTFC). This rating reflects JSBL’s strengthened position following its majority acq…
Karachi: BankIslami Pakistan Limited (BIPL), a pioneer in the country’s Islamic banking sector, has experienced significant changes and growth following a major ownership transition. In 2023, JS Bank Limited increased its stake in BIPL to 75.12%, maki…