Karachi: The State Bank of Pakistan has announced new regulatory measures that will impose a ceiling on loans for certain financial institutions. Starting April 30, 2025, the central bank will enforce a floor limit of 106,000 monetary units, affecting…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Artistic Denim Mills Limited (ADML) at ‘A-/A2’, reflecting a stable outlook despite ongoing economic challenges. The medium to long-term rating of ‘A-‘ signifies good cred…
Islamabad: Mobilink Bank, a leading digital microfinance institution, has announced a strategic partnership with Daraz Pakistan, the country’s largest e-commerce platform, to enhance financial inclusion and digital capabilities for micro, small, and m…
Lahore: Nishat Mills Ltd. (NML) announced its financial results for the third quarter of the fiscal year 2025, revealing a profit of PkR696 million, equivalent to earnings per share of PkR1.98. This is a significant improvement from a loss of PkR286 m…
Karachi: Pakistan’s central bank is poised to adjust its monetary policy stance as improving financial inflows and economic indicators create an environment conducive to easing. The State Bank of Pakistan (SBP) is anticipated to reduce interest rates,…
Karachi: VIS Credit Rating Company Limited has finalized a short-term rating of ‘A1+’ for Pakistan Telecommunication Company Limited’s (PTCL) Short Term Sukuk XI (STS-XI). This rating indicates the strongest likelihood of timely repayment for short-te…