Karachi: In response to the growing demand for flexible financial services in a global market, JS Bank has rolled out its JS Foreign Currency Current Account, designed to streamline international transactions for individuals and businesses dealing with…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the stable entity ratings of ‘A-/A-2’ for Rajby Textiles (Private) Limited, indicating a good credit quality and a promising outlook despite the volatile economic environment.According to …
Karachi: VIS Credit Rating Company Limited has updated its outlook on Archroma Pakistan Limited’s (APL) credit ratings from ‘Stable’ to ‘Negative’ while maintaining its entity ratings at ‘AA/A-1’. This adjustment reflects concerns over economic pressur…
Karachi: The National Bank of Pakistan (NBP) held its Corporate Briefing session today, disclosing a 14% year-over-year growth in assets, driven significantly by increased deposits and borrowing. Despite robust asset growth, the bank reported a substan…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Darson Securities Limited at ‘BBB+/A-2’, indicating adequate long-term credit quality and a good likelihood of timely repayment of short-term obligations. The ratings refle…
Karachi: Hub Power Company (HUBC) is broadening its business scope by entering into partnerships in the auto industry and initiating mineral exploration ventures, as discussed in their latest analyst briefing where FY24 results were also reviewed.Accor…