Karachi: The Pakistan Petroleum Dealers Association has rejected the government’s proposed margin increase, threatening a nationwide shutdown of fuel pumps if their demands are not met within ten days. The Association, led by Chairman Abdul Samad Khan…
Karachi: The State Life Insurance Corporation of Pakistan, a government-owned life insurer, has been assigned a Pension Fund Manager (PFM) rating of “AM1(p)” by the Pakistan Credit Rating Agency Limited (PACRA). This rating reflects the corporation’s …
Karachi: Pak-Qatar Family Takaful Limited’s (PQFTL) recent initial public offering (IPO) has exceeded expectations, being oversubscribed by 3.2 times. This marks a significant achievement as it is the first IPO of a dedicated Family Takaful company to…
Karachi: Arif Habib Limited, a key player in Pakistan’s capital markets, has had its broker management rating affirmed by the Pakistan Credit Rating Agency (PACRA). The rating reflects the firm’s strategic execution in maintaining its position as a le…
Karachi: The Pakistan Credit Rating Agency (PACRA) has maintained the Broker Fiduciary Rating (BFR) of Arif Habib Limited (AHL) at BFR 1 with a stable outlook. This announcement reflects the continued strong sponsorship profile and robust governance s…
Lahore: The Pakistan Credit Rating Agency (PACRA) has upheld the Social Impact and Performance Rating of the Rural Community Development Programmes (RCDP) with a score of SIP3++ and a positive outlook. This decision reflects the organization’s strong …