Breaking News

Daily Archives: March 13, 2014

Pakistan Credit Rating Agency Limited maintains stability rating of IGI Islamic Income Fund

Lahore, March 13, 2014 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of IGI Islamic Income Fund (IGI-IIF), an open-end Shariah compliant income fund, at ‘A+’ (f) (Single A Plus ; fund rating). The fund’s rating denotes a strong capacity to manage relative stability in returns and low exposure to risks. ...

Read More »

Pakistan Credit Rating Agency Limited maintains stability rating of IGI Aggressive Income Fund

Lahore, March 13, 2014 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has mainatined the stability rating of IGI Aggressive Income Fund (IGI-AIF), an open-end aggressive income fund, at ‘A- (f)’ (Single A Minus ; fund rating). The fund’s rating denotes a strong capacity to manage relative stability in returns and low exposure to risks. The ...

Read More »

Securities and Exchange Commission of Pakistan issues Third Party Administrator for Health Insurance Regulations

Karachi, March 13, 2014 (PPI-OT): The SECP has issued the Third Party Administrator (TPA) for Health Insurance Regulations, 2014, to develop the health insurance market in Pakistan. The TPA regulations provide a legal framework to address the registration, eligibility requirements, code of conduct and operational model for TPAs, fit and proper criteria for the senior ...

Read More »

Pakistan Credit Rating Agency Limited maintains stability rating of IGI Income Fund

Lahore, March 13, 2014 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of IGI Income Fund (IGI-IF), an open-end income fund, at ‘A+ (f)’ (Single A Plus ; fund rating). The fund’s rating denotes a strong capacity to manage relative stability in returns and low exposure to risks. The investment mandate ...

Read More »