Karachi: VIS Credit Rating Company Limited has reaffirmed the Management Quality Rating of National Investment Trust Limited (NIT) at ‘AM1’. This rating suggests that the asset manager has excellent management characteristics, with the outlook remaini…
Islamabad: JazzCash, a prominent fintech platform in Pakistan, has rolled out a Buy Now, Pay Later (BNPL) service, offering an alternative to traditional credit cards. Initially available for purchases from the electronics retailer Telemart and fashio…
Karachi: VIS Credit Rating Company Limited has assigned a preliminary rating of ‘A1+ (plim)’ to Pakistan Telecommunication Company Limited’s (PTCL) proposed PKR 2.5 billion Short-Term Sukuk IX (STS-IX), indicating a strong likelihood of timely repayme…
Karachi: Askari Bank Ltd (AKBL) reported a mixed set of financial results for the first nine months of the calendar year 2024, with a slight decrease in net profit after tax (NPAT) but significant growth in assets and equity. The bank also highlighted…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Faizan Steel at ‘BBB+/A2’, indicating adequate credit quality and a good likelihood of timely repayment of short-term obligations.
According to VIS Credit Rating Compa…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Asher Imran Spinning Mills (Pvt.) Limited at ‘A-/A2’. These ratings indicate good credit quality and a positive outlook for timely repayment of obligations, with the outlo…