Srinagar, April 18, 2014 (PPI-OT): In occupied Kashmir, unidentified gunmen have killed an activist of pro-India Peoples Democratic Party (PDP) in Pulwama district. The gunmen fired upon the PDP activist, […]

Karachi, April 18, 2014 (PPI-OT): Summary Balance of Payments as per BPM6 – Mar 2014 (Million US $) Jul-Jun Jul-Sep Oct-Dec Feb Mar Jan-Mar Jul-Mar FY13 FY12 FY14 FY14 FY14 FY14* FY14 FY14 FY13 -2496 -4658 -1206 -551 167 -156 -416 -2173 -1255 Current account balance -2898 -5243 -1283 -648 157 -201 -478 -2409 -1566 ...

The post Summary Balance of Payments as per BPM6 – March 2014 appeared first on Business News Pakistan.

Lahore, April 18, 2014 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the asset manager rating of Atlas Asset Management Limited (AAML) at “AM2-” (AM Two Minus). The rating reflects the company’s very strong capacity to manage the risks inherent in asset management business and the asset manager meets very high investment management industry ...

The post Pakistan Credit Rating Agency Limited maintains asset manager rating of Atlas Asset Management Limited appeared first on Business News Pakistan.

Lahore, April 18, 2014 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has reaffirmed preliminary rating of ‘A+’ (Single A plus) to the proposed listed, unsecured, and subordinated TFC issue of up to PKR 5,000mln (including up to PKR 1,000mln green shoe option) by NIB Bank Limited (NIB). This rating denotes a low expectation of credit ...

The post Pakistan Credit Rating Agency Limited reaffirms preliminary rating of proposed TFC by NIB Bank Limited appeared first on Business News Pakistan.

Karachi, April 18, 2014 (PPI-OT): The 12th International e-Banking Conference and Exhibition will kick-off on the 24th of April at the Pearl Continental Hotel, Karachi. The event has attracted major players and key influencers to create an opportunity to gather insights and predict the future of the industry. The 12th International e-Banking Conference and Exhibition ...

The post 12th International e-Banking Conference and Exhibition to begin on April 24 appeared first on Business News Pakistan.

Karachi, April 18, 2014 (PPI-OT): After 10 years at the helm of United Bank Limited (UBL) as the President and Chief Executive Officer, Mr. Atif R Bokhari has decided to resign from the position. During this period, the Bank made tremendous strides to create the financial powerhouse that it is today; assets grew from Rs.225 ...

The post Atif R Bokhari resigns as President and Chief Executive Officer United Bank Limited appeared first on Business News Pakistan.

Karachi, April 18, 2014 (PPI-OT): Muhammad Hanif Rinch, Former Regional Chairman of Travel Agents’ Association of Pakistan (TAAP), has been appointed Chairman of FPCCI’s Standing Committee on Travel and Tourism by Zakaria Usman, President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Hanif Rinch is also performing his responsibilities as the FPCCI’s Executive ...

The post Hanif Rinch appointed Chairman Federation of Pakistan Chambers of Commerce and Industry’s body on Travel and Tourism appeared first on Business News Pakistan.