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Lahore, November 15, 2012 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has assigned a capital protection rating of ‘AAA (cp)’ Triple A (capital protection)] to IGI Capital Protected Fund (IGI CPF). It is an open-end capital protected fund launched in October 2011 with stipulated life of two years. The fund’s …
Read More »Daily Archives: November 15, 2012
Pakistan Credit Rating Agency assign final rating of ‘AA+’ to the 7th TFC issue of Rs1,000m by jahangir Siddiqui and company Limited
Lahore, November 15, 2012 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has assigned a final rating of ‘AA+’ (Double A Plus) to the 7th TFCs issue of PKR 1,000mln by Jahangir Siddiqui and Company Limited (JSCL). This rating denotes a very low expectation of credit risk emanating from a very …
Read More »JCR-VIS maintains entity ratings of First National Bank Modaraba at A+/A-1
Karachi, November 15, 2012 (PPI-OT): JCR-VIS Credit Rating Company Limited has maintained the entity ratings of First National Bank Modaraba (FNBM) at ‘A+/A-1’ (Single A Plus/A-One). The assigned ratings draw comfort from the sponsor profile, with the modaraba management company being a wholly owned subsidiary of National Bank of Pakistan …
Read More »Pakistan Credit Rating Agency Limited Assigns Star Ranking To The Fund Of IGI Funds Limited (Period Ended June 30, 2012)
Lahore, November 15, 2012 (PPI-OT): PACRA has assigned ranking to the following fund of IGI Funds Limited based on performance for the period ended June 30, 2012 (trailing 12 months for normal star ranking and trailing 36 months for long term star ranking). Fund Category Star Ranking Short Long Term …
Read More »British Government contributes GBP3.6 million to UNODC’s Border Management programme
Islamabad, November 15, 2012 (PPI-OT): The Additional Inspector General thanked UNODC and the UK Government for their continuing support to law enforcement capacity in Pakistan. The UK Government and the United Nations Office on Drugs and Crime (UNODC) signed an agreement today regarding the UK contribution of GBP 3.6 million, …
Read More »Punjab police is playing front-line role against war on terrorism: Inspector General of Police
Lahore, November 15, 2012 (PPI-OT): As per the vision of the Chief Minister, the Punjab police are playing front-line role against war on terrorism besides maintaining peace and law and order situation in the province. This war would continue until crimes and terrorism is eliminated from the province. The police …
Read More »Prime Minister greets new Chinese Leadership
Islamabad, November 15, 2012 (PPI-OT): Prime Minister Raja Pervez Ashraf has hailed the Communist Party of China on the election of its new Central Committee. In his message of felicitations to the new Secretary General of the Central Committee, Mr. Xi Jinping, the Prime Minister expressed the confidence that the …
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