Karachi, June 30, 2015 (PPI-OT):JCR-VIS Credit Rating Company Ltd has upgraded the entity ratings of Samba Bank Limited (SBL) from ‘AA-/A-1’ (Double A Minus/A-One) to ‘AA/A-1’ (Double A/A-One). Outlook on the assigned ratings is ‘Stable’. Previous rating action was announced on June 24, 2014. The ratings of SBL are driven by the strong profile of ...

Karachi, June 30, 2015 (PPI-OT):JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of Summit Bank Limited (SBL) at ‘A/A-1’ (Single A/A-One). Rating of the outstanding TFC-1 has also been reaffirmed at ‘A (SO)’ (Single A (Structured Obligation)). Outlook on the outstanding ratings is ‘Stable’. The previous rating action was announced on December ...

Karachi, June 30, 2015 (PPI-OT):JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of National Bank of Pakistan (NBP) at ‘AAA/A-1+’ (Triple A/A-One Plus) with ‘Stable’ Outlook. The previous rating action was announced on June 30, 2014. The assigned ratings are driven by the bank’s ownership structure with majority shares held by the ...

Islamabad, June 30, 2015 (PPI-OT): The Federal Minister for Finance and Revenue Senator Muhammad Ishaq Dar met with several top ranking heads of China’s financial sector and also called on his Chinese counterpart Finance Minister Lou Jiwei here in Beijing today. In a meeting with Hu Xiaolian Chairperson of the Export and Import Bank of ...

Islamabad, June 30, 2015 (PPI-OT): President Mamnoon Hussain has underlined the need on building a mutually beneficial relationship between Pakistan and Cuba. The President stated that the longstanding partnership between the two countries is marked by close friendship and cordiality thereby forming the basis for multidimensional cooperation. The President was talking to Pakistan’s Ambassador-designate to ...

Karachi, June 30, 2015 (PPI-OT): Sindh Chief Minister Syed Qaim Ali Shah has said that the implementation of National Action Plan (NAP) was imperative, therefore its implementation must be done […]

Lahore, June 30, 2015 (PPI-OT):Makhdoom Faisal Saleh Hayat Elected as President of Pakistan Football Federation for the next 4 years term 2015-19: PFF Elections held today on 30th June, 2015 […]