Karachi: VIS Credit Rating Company Limited (VIS) has assigned a preliminary bank loan rating of ‘AA’ to Ghotki Kandhkot Road and Bridge Company (Pvt.) Limited (GRBC) for a secured bank loan intended for a significant infrastructure project involving …
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has assigned entity ratings to Jazaa Global (Private) Limited, reflecting the company’s robust financial profile and effective market strategies. Jazaa Global, known for its diverse portfolio o…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings for Madina (Pvt.) Limited (MPL) at ‘BBB/A-2’, reflecting adequate credit quality with stable outlook, despite ongoing challenges in the edible oil industry. This rating …
Karachi: The Pakistan Stock Exchange (PSX) experienced range-bound activity on Tuesday, reflecting investor neutrality after the State Bank of Pakistan (SBP) cut the policy rate by 100 basis points. Despite the subdued overall market movement, specific…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the credit ratings of Akhtar Textile Industries (Private) Limited (ATIL) at ‘A/A-2’, reflecting the company’s good credit quality and stable financial outlook despite the challenging texti…
Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained its ‘A’ insurer financial strength (IFS) rating for The Universal Insurance Company Limited, citing a stable outlook but placing the company under a “Rating Watch” due to challenges in i…