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Lahore, December 12, 2012 (PPI-OT): The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term ratings of First Fidelity Leasing Modaraba at BBB+ (Triple B plus) and A2 (A two). The ratings denote low expectation of credit risk and an adequate capacity for timely payment of financial …
Read More »Daily Archives: December 12, 2012
South Asia Partnership Pakistan inaugurates Research Headquarters in Singapore
Karachi, December 12, 2012 (PPI-OT): SAP recently announced the official opening of the SAP Next Business and Technology Research Centre in Singapore, the largest research location and headquarters in Asia Pacific. The centre is poised to initiate research in the latest technology to help social business networks to utilize real-time …
Read More »World Bank Mission visits Islamabad Stock Exchange
Islamabad, December 12, 2012 (PPI-OT): A World Bank Mission comprising its two Members Ms. Sau-Ngan Wong and Ms. Sarwat Aftab visited Islamabad Stock Exchange (ISE). The purpose of the visit of the Mission was to access recent developments in the financial sector with a focus on consumer financial protection and …
Read More »Pakistan Association of Automotive Parts and Accessories Manufacturers recommend to government that 65 items should remain in Sensitive List for trade with India
Lahore, December 12, 2012 (PPI-OT): As the Commerce Ministry has again started consultations ahead of phasing out of negative list with India at Dec end, the Chairman of Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM), has recommended to the government that all 65 items of auto parts should …
Read More »Board of Pakistan Mercantile Exchange appoints new Chairman
Karachi, December 12, 2012 (PPI-OT): Shazad G Dada has been elected as the new Chairman of the Board of Pakistan Mercantile Exchange (PMEX). In its meeting held on December 5th, the Board unanimously elected Shazad G Dada as the new Chairman along with welcoming all the new directors to the …
Read More »Apna Microfinance Bank Limited’s change of registered office, fax no./ telephone nos./ e-mail/ website
Karachi, December 12, 2012 (PPI-OT): Kindly note that the address of the registered office, fax no, telephone nos. has been shifted to the following, with effect from December 5, 2012. New Address of the Registered Office K-4/3 and 4/4 Ch, Khaliq-uz-Zaman Road, Gizri, Karachi. Telephone Nos. 021-35865352-55 Fax No. 021-35865018 …
Read More »JCR-VIS Reaffirms Entity Ratings of Kashf Foundation
Karachi, December 12, 2012 (PPI-OT): JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of Kashf Foundation (Kashf) at ‘BBB/A-3’ (Triple B/A-Three). Kashf has augmented its lending portfolio in recent periods by focusing on streamlining its lending methodology which advocates lending to individuals as against group lending in the …
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