Karachi: VIS Credit Rating Company Limited has assigned a preliminary ‘A-1’ rating to At-Tahur Limited’s proposed Short Term Sukuk, indicating a strong likelihood of timely repayment due to excellent liquidity factors and stable financial outlook.Accor…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for Tufail Chemical Industries Limited (TCIL) while placing the company under a rating watch, following a significant restructuring involving a split of the family bu…
Karachi: VIS Credit Rating Company Limited has assigned initial entity ratings to Trukkr Financial Services Limited, reflecting the company’s robust credit quality and promising financial outlook. The ratings assigned are ‘A-/A-2’, with a stable outloo…
Karachi: JS Bank and its subsidiary JS Global have secured prominent awards at the CxO Elevate 2024, recognizing their influential contributions to digital innovation in the financial sector. JS Bank was honored with the Leading Digital Bank Award, whi…
Islamabad: Pioneer Cement (PIOC) and Fauji Cement Co (FCCL) are poised for a notable uptick in their fourth-quarter earnings for fiscal year 2024, with analysts predicting substantial growth in profitability due to improved operational efficiencies and…
Karachi: Jazz, along with JazzCash, Mobilink Microfinance Bank, and other digital services under VEON Group, reported a 27.7% increase in year-over-year revenue for the second quarter of 2024, measured in USD terms. This growth is part of a broader eff…