Karachi, July 04, 2023 (PPI-OT): BankIslami, Pakistan’s leading Islamic bank, is delighted to announce that it has been upgraded to an AA- rating. This prestigious rating reaffirms the bank’s commitment to excellence, sound financial management, and it…
Karachi, July 04, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the preference share ratings of PGP Consortium Limited (PGPC) at ‘BBB’ (Triple B). Outlook on the assigned ratings has been revised from ‘Rating Watch – Developing’…
Lahore, July 04, 2023 (PPI-OT): Alhamra Wada Plan (the ‘Fund’) is a very low risk-profile open ended fund. The duration of the Fund is perpetual; however, allocation plan(s) launched by the Management Company (MCB-AH) under this Fund may be perpetual o…
Karachi, July 04, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has assigned initial Broker Fiduciary Rating of ‘BFR3+’ to Intermarket Securities Limited (IMSL). Rating of BFR3+ denotes good fiduciary standards. Outlook on the assigned rating is …
Lahore, July 04, 2023 (PPI-OT): MCB Pakistan Fixed Return Fund (the ‘Fund’) is a very low risk-profile open ended fund. The duration of the Fund is perpetual; however, allocation plan(s) launched by MCB-AH under this Fund may be perpetual or may have f…
Karachi, July 04, 2023 (PPI-OT): With the aim to digitize the loan application process for small and medium-sized enterprises (SMEs) in Pakistan, JS Bank has joined forces with Adal Fintech to introduce a digital lending solution to provide credit faci…
Karachi, July 04, 2023 (PPI-OT): Bank Alfalah, one of Pakistan’s leading commercial banks, has partnered with Aga Khan Foundation (AKF) through a donation of PKR 200 million. The funds will be utilised by AKF (Pak), and it’s implementing partners to pr…