Karachi: VIS Credit Rating Company Limited (VIS) has announced the withdrawal of the entity rating for Fauji Fertilizer Bin Qasim Limited (FFBL), rated ‘AA+/A1+’ (Double A Plus/A One Plus), following a successful merger with Fauji Fertilizer Company L…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the Fund Stability Rating for Askari Sovereign Yield Enhancer (ASYE) at ‘AA-(f)’, reflecting a high degree of stability in the Fund’s Net Asset Value.
According to VIS Credit Rating Co…
Karachi: Allied Bank Limited has been recognized with two awards at the Global Diversity & Inclusion Benchmarks (GDIB) Awards organized by Diversity Hub HR Metrics. The bank’s achievements underscore its commitment to fostering inclusive work …
Karachi: The Government of Pakistan has appointed the Pakistan Stock Exchange (PSX), the National Clearing Company of Pakistan Limited (NCCPL), and the Central Depository Company (CDC) to facilitate the issuance of the 17th GOP Ijarah Sukuk (GIS) thro…
Karachi: Exchange rates for major currencies experienced slight increases, The Exchange Companies Association of Pakistan reported changes in the buying and selling rates of several currencies.
According to Exchange Companies Association of Pakistan…
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the debt instrument rating of Askari Bank Limited’s Tier-II Term Finance Certificates (TFC-VII) at AA with a stable outlook. This decision reflects the bank’s robust ownership…