Karachi: VIS Credit Rating Company Limited (VIS) has revised the outlook on Rajby Industries’ credit ratings from stable to positive while maintaining the long-term and short-term entity ratings at ‘A-‘ and ‘A-2’, respectively. The ratings indicate goo…
Islamabad: Despite an anticipated drop in earnings per share, Pakistan’s banking sector is expected to maintain its dividend payments in the second quarter of CY2024. The banks are set to report a 16% decline in bottom-line performance compared to the …
Islamabad: Pakistan has inked a three-year, approximately $7 billion Extended Fund Facility Arrangement with the International Monetary Fund, following a staff-level agreement. This marks a continuation of financial engagements after the successful com…
Islamabad: Pakistan has inked a three-year, approximately $7 billion Extended Fund Facility Arrangement with the International Monetary Fund, following a staff-level agreement. This marks a continuation of financial engagements after the successful com…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for Nimir Resins Limited (NRL), recognizing the company’s robust market position and credible operational framework in the competitive resin industry. Despite a chall…