Islamabad, June 29, 2012 (PPI-OT): National Agromet Centre of PMD launched its new website to cater the requirements of wide range of users spanning from farming community to requirement of wide range of users spanning from farming community to researchers, DRR managers, general public and media centres. Dr. Khalid Mahmood …

Karachi, June 29, 2012 (PPI-OT): JCR-VIS Credit Rating Company Limited has maintained the entity ratings of Security Investment Bank Limited (SIBL) at ‘A/A-2’ (Single A/A-Two). Ratings take into account the challenging operating environment for secondary market borrowers in the backdrop of weak macroeconomic conditions. With limited market access to low-cost …

Karachi, June 29, 2012 (PPI-OT): JCR-VIS Credit Rating Company Limited has maintained the medium to long-term entity rating of Burj Bank Limited (BURJ) at ‘A’ (Single A). Short-term rating has been upgraded from ‘A-2’ (A-Two) to ‘A-1’ (A-One). Outlook on the ratings is ‘Stable’. Ratings assigned to BURJ incorporate the …

Karachi, June 29, 2012 (PPI-OT): JCR-VIS Credit Rating Company Ltd has upgraded the entity ratings of Samba Bank Limited (SBL) from ‘A+/A-1’ (Single A Plus/A-One) to ‘AA-/A-1’ (Double A Minus/A-One). Outlook on the assigned ratings is ‘Stable’. The assigned ratings take into account the strong financial profile of Samba Financial …

Karachi, June 29, 2012 (PPI-OT): JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of Al Baraka Bank (Pakistan) Limited (ABPL) at ‘A/A-1’ (Single A/A-One). Outlook on the assigned ratings is ‘Stable’. The ratings assigned to ABPL incorporate implicit support of Al Baraka Banking Group, Bahrain, which is the …

Karachi, June 29, 2012 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has upgraded the medium to long term entity rating of The Bank of Khyber (BoK) from ‘A-’ (Single A Minus) to ‘A’ (Single A) while maintaining the short term rating at ‘A-2’ (A Two). Outlook on the assigned rating …

Lahore, June 29, 2012 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained long term and short term entity ratings of MCB Bank Limited at “AA+” (Double A Plus) and “A1+” (A One Plus), respectively. These ratings denote a very low expectation of credit risk emanating from a very strong …