LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has expressed support for the government’s recent initiative to prioritize the construction sector, describing it as a significant move toward bolstering the national economy. The initiative i…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Lahore Sialkot Motorway Infrastructure Management (Pvt.) Limited (LSMIML) at ‘A-/A2’, reflecting strong credit quality and a stable outlook. This decision underscores the …
Karachi: VIS Credit Rating Company Limited has withdrawn the entity ratings assigned to Cotton Web Limited, effective immediately, following the management’s decision to discontinue the ratings. The previous rating action for the company was announced…
Lahore: The Bank of Punjab has sustained its strong financial standing as the Pakistan Credit Rating Agency Limited (PACRA) affirmed the bank’s long-term credit rating at AA with a stable outlook, according to a recent press release. The rating reflec…
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…