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…
Karachi: BankIslami Pakistan Limited (BIPL) has experienced significant changes and growth following a strategic ownership transition, according to a press release from The Pakistan Credit Rating Agency Limited. In a major development, JS Bank Limited…
Karachi: The Pakistan Credit Rating Agency Limited has maintained the rating of JS Bank Limited’s Tier II Term Finance Certificate worth 3.5 billion, highlighting the bank’s consolidated position following its acquisition of a majority stake in BankIs…