Lahore, August 20, 2015 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has assigned the stability rating of ‘AA+'(f) (Double A Plus; fund rating) to Faysal Money Market Fund (FMMF), an open-end money market fund. The fund’s rating denotes a very strong capacity to manage relative stability in returns and very low exposure to risks. The ...

Karachi, August 20, 2015 (PPI-OT): The World Bank Country Director for Pakistan, Mr. Rachid Benmassoud, called on Governor (Acting) State Bank of Pakistan, Mr. Saeed Ahmad, to enhance collaboration under ongoing projects for implementation of the National Financial Inclusion Strategy and explore new opportunities for strengthening of the banking sector. Mr. Saeed Ahmad highlighted the ...

Lahore, August 20, 2015 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has assigned the stability rating of ‘AA-(f)’ (Double A minus; fund rating) to Faysal Savings Growth Fund (FSGF), an open-end income fund. The fund’s rating denotes a very strong capacity to manage relative stability in returns and very low exposure to risks. The investment ...

Lahore, August 20, 2015 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has assigned the stability rating of ‘A'(f) (Single A; fund rating) to Faysal Income and Growth Fund (FIGF), an open-end income fund. The fund’s rating denotes a strong capacity to manage relative stability in returns and low exposure to risks. The fund’s investment objective is ...

Karachi, August 20, 2015 (PPI-OT): TDAP organized a seminar on 20thAugust 2015 at Karachi on how to export to Russia, especially food items and its quarantine issues. The objective was to brief the exhibitors participating in World Food Moscow September 2015 and members of Pakistan’s business delegation visiting Russia under the Chairmanship of Mr. S.M. ...

Islamabad, August 20, 2015 (PPI-OT):The Inaugural Session of the Bilateral Political Consultations between Pakistan and Vietnam was held in Hanoi on 19th August 2015. Mr. Amjad B. Sial, Special Secretary, Ministry of Foreign Affairs led the Pakistan side while Mr. Li Hoai Trung, Vice Minister for Foreign Affairs led the Vietnamese side. The whole range ...

Ankara, August 20, 2015 (PPI-OT): The visiting delegation from the Government of Punjab, led by Minister for Mines and Minerals Mr. Sher Ali Khan, continued its high-level contacts on the second day of its visit to Turkey today. The delegation had a detailed meeting with Turkish Minister for Forestry and Water Management Prof. Dr. Veysel ...