Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the rating of Gas and Oil Pakistan Limited (GO) following a strategic partnership with Aramco, which has acquired approximately a 40% stake in the company. This partnership is anti…
Karachi: The State Bank of Pakistan released the Karachi Interbank Offered Rate (KIBOR) for June 23, 2025, indicating stable trends across various tenors. The data reveals minimal fluctuation in both bid and offer rates, suggesting a steady interbank …
Karachi: Pak-Qatar Family Takaful Limited (PQFTL) has been awarded the title of Fastest Growing Family Takaful Company in Pakistan at the International Finance Awards 2025. This accolade distinguishes PQFTL as the only Takaful company from Pakistan to…
Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates on Monday, indicating minor fluctuations in several major currencies against the local unit.
The US Dollar was quoted at 284.52 for buying and 285.89…
Karachi: PACRA has affirmed the entity ratings of Standard Chartered Bank (Pakistan) Limited, underscoring the bank’s robust franchise value and strong market position. This rating reflects SCBPL’s strategic alignment with its parent company, Standard…
Karachi: The National Bank of Pakistan (NBP) has maintained its robust entity ratings, reflecting a strong position in the domestic commercial banking sector, according to a recent evaluation by The Pakistan Credit Rating Agency Limited (PACRA). The r…