Lahore: The Pakistan Credit Rating Agency Limited has maintained the long-term rating of The Bank of Punjab at AA-, with a stable outlook, in its latest review of the bank’s Additional Tier 1 Capital Term Finance Certificates. The ratings, which refle…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the ratings for The Bank of Punjab’s debt instrument TFC II, maintaining a long-term rating of AA with a stable outlook. The Bank’s deposit base has shown significant growth, yet…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for The Bank of Punjab (BOP) Tier 2, TFC-III, issued in April 2023. The ratings, which remain at “AA” for long-term debt instruments with a stable outlook, reflect th…
Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating marginal fluctuations across several major currencies. The U.S. dollar, euro, British pound, Japanese yen, United Arab Emirates dirham, and…
Karachi: Microfinance loans are emerging as a crucial resource for entrepreneurs in Pakistan, providing vital financial support to those who find traditional banking services inaccessible. These small, unsecured loans are designed to meet the specific…
Lahore: Bangladesh has simplified its visa process for Pakistani nationals, a move aimed at strengthening trade and economic relations between the two South Asian countries. This initiative was announced by Iqbal Hussain Khan, Bangladesh’s High Commis…