Karachi: The State Bank of Pakistan has announced changes to the lending limits for financial institutions, according to a recent press release. The adjustments include both ceiling and floor amounts, impacting how much institutions can lend.
As of …
Karachi: The Korangi Association of Trade and Industry (KATI) has expressed optimism about Prime Minister Shehbaz Sharif’s official visit to Turkiye. Junaid Naqi, the president of KATI, described the visit as a significant step toward enhancing econom…
LAHORE: Avanceon Ltd. (AVN), a leading automation solutions provider, held its analyst briefing to discuss the company’s financial performance for the calendar year 2024 and its future outlook. The briefing highlighted a 9.1% year-on-year decline in r…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of CSC Empowerment and Inclusion Programme (CEIP) at ‘BBB-/A3’. The medium to long-term rating of ‘BBB-‘ indicates adequate credit quality, with reasonable and sufficient pro…
Lahore: MCB Bank Limited announced a solid financial performance for the first quarter of 2025, with the Board of Directors approving a cash dividend of Rs. 9.0 per share, reflecting a 90% payout. The Bank reported a Profit Before Tax (PBT) of Rs. 29….
Karachi: Octopus Digital Ltd. (OCTOPUS) presented its CY24 financial results at an analyst briefing today, revealing a 37.7% increase in topline revenue, despite a significant drop in earnings. The company, which operates in Pakistan and the Middle Ea…