LAHORE: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the ratings of The Bank of Punjab (BOP) for its Tier 2 Capital Term Finance Certificate, valued at PKR 7.5695 billion, as of June 2024. The Bank’s robust performance is buttresse…
Lahore: The Bank of Punjab has demonstrated significant growth and strategic advancements, as highlighted by the recent rating by The Pakistan Credit Rating Agency Limited. The Bank’s principal shareholder, the Government of Punjab, has played a cruci…
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported closing exchange rates for foreign currencies on July 3, 2025, indicating marginal fluctuations in the open market. The rates, provided by the State Bank of Pakistan, reflect slig…
Karachi: The Oil Marketing Companies (OMC) reported a 7 percent year-on-year growth in sales volumes for the fiscal year 2025, despite some fluctuations in market share dynamics, according to a press release from JS Global. The growth was driven by a …
Karachi: The Karachi Interbank Offered Rate (KIBOR), a crucial benchmark for short-term lending in Pakistan, showed minor fluctuations as reported by the State Bank of Pakistan on July 3, 2025. The changes in rates were observed across various tenors,…
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has commended Punjab’s latest initiative, which introduces smart plastic vending machines as a climate-conscious venture that incentivizes plastic recycling. Nazir Hussain, Pre…