Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed its ‘A+’ rating for the debt instrument (Sukuk) issued by Mughal Iron and Steel Industries Limited, reflecting the company’s resilience in a challenging economic climate marked by…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the Alfalah GHP Sovereign Fund at AA-(f) with a stable outlook, recognizing the fund’s robust investment in government securities and its strategic manage…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has assigned a preliminary long-term rating of A+ and a short-term rating of A1 to Mughal Iron and Steel Industries Limited’s proposed PKR 2.5 billion Sukuk. The ratings reflect the company’s r…
Karachi: Pakistani banks are poised to record their highest quarterly core income in the third quarter of 2024, driven by a notable decrease in funding costs relative to asset yields.According to JS Global, the comprehensive analysis of banks under the…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed its stability rating for the Alfalah Islamic Rozana Amdani Fund, maintaining a long-term rating of AA(f) with a stable outlook. This decision reflects the fund’s continued low-ri…
Karachi: Secure Logistics Group Limited (SLG), a key player in integrated logistics, asset tracking, and security services, has maintained its entity ratings at ‘A+’ for long-term and ‘A1’ for short-term, reflecting a stable financial outlook. These ra…