Islamabad: In a significant turn within Pakistan’s financial landscape, the private sector credit has exhibited notable growth, signaling a nascent recovery across several industry segments. This comes as the country enters a monetary easing cycle for …
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Faisalabad Oil Refinery (Pvt.) Limited (FORL) at ‘A-/A-2’, indicating a stable outlook for both long-term and short-term financial obligations. The ratings reflect the comp…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed AKIK Capital (Pvt) Ltd’s Broker Fiduciary Rating at ‘BFR3’ with a stable outlook, indicating the brokerage maintains good fiduciary standards as of August 16, 2024. This evaluation follows…
Karachi: The Neelum Jhelum Hydropower Project has experienced a complete operational halt since May 1, 2024, due to significant damage in the headrace tunnel, as reported by VIS Credit Rating Company Limited. Despite this setback, the instrument rating…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has assigned rankings to the AKD Opportunity Fund across different timeframes, reflecting varying performance against a backdrop of challenging market conditions. The ratings reveal underperfo…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has recently assigned star rankings to the AKD Islamic Stock Fund, reflecting its performance across one, three, and five-year periods amidst fluctuating economic conditions.
According to Th…