Lahore: S.M. Tanveer has called for a significant reduction in interest rates in response to a decrease in the Consumer Price Index (CPI) for November 2024. The Patron-in-Chief of the United Business Group (UBG) has urged the government to lower the p…
Karachi: Declining inflation rates have prompted the United Business Group (UBG) to advocate for a substantial reduction in policy rates, a move they believe will stimulate economic growth. SM Tanveer, the patron-general of UBG, has urged the governme…
Karachi: Meezan Bank Limited has announced a revised schedule of service charges, effective immediately. The update includes changes to various banking services, impacting both retail and corporate customers.
According to Meezan Bank Limited, the ne…
Karachi: Tandlianwala Sugar Mills Limited (TSML) has retained its strong credit ratings, with long-term ratings maintained at ‘A’ and short-term ratings at ‘A1’, both with a stable outlook, as affirmed by The Pakistan Credit Rating Agency Limited (PAC…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the asset manager rating of Atlas Asset Management Limited (AAML) from AM2+ to AM2++, citing the company’s robust management practices, strategic expansion, and significant growth…
Karachi: PACRA has upgraded the asset manager rating of JS Investments Limited from AM2+ to AM2++, reflecting the company’s experienced team, governance framework, and disciplined investment process. According to The Pakistan Credit Rating Agency Limi…