Karachi, December 31, 2015 (PPI-OT): JCR-VIS Credit Rating Co. Ltd. (JCR-VIS) has reaffirmed the Management Quality (MQ) Rating of UBL Fund Managers Limited (UBL FM) at ‘AM2+’ (AM-Two Plus). Outlook on the assigned rating is ‘Stable’. The previous rating action was announced on December 31, 2014. UBL FM has a market share of around one-tenth ...

Karachi, December 31, 2015 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Management Quality Rating of Al Meezan Investment Management Limited (Al-Meezan) at ‘AM2+’ (AM-Two Plus). Outlook on the assigned rating is ‘Stable’. The previous rating action was announced on December 3rd, 2014. Al-Meezan Investment Management Limited (AMIM) operates as the largest private ...

Karachi, December 31, 2015 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Management Quality Rating of ABL Asset Management Company Limited (ABL AMC) at ‘AM2’ (AM-Two) with a ‘Stable’ Outlook. The previous rating action was announced on December 31, 2014. ABL Asset Management Company Limited (ABL AMC) is a wholly owned subsidiary of ...

Karachi, December 31, 2015 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has assigned initial Management Quality Rating of Askari Investment Management Limited (AIML) at ‘AM3+’ (AM-Three Plus). Outlook on the assigned rating is ‘Stable’. AIML is a wholly-owned subsidiary of Askari Bank Limited (AKBL) and under the umbrella of Fauji Foundation (better known as Fauji ...

Islamabad, December 31, 2015 (PPI-OT): Over the past few weeks, the Ministry of Commerce has received some queries regarding the continuity of the preferential duties granted by the EU under GSP Plus Scheme to Pakistan post 01.01.2016. The Ministry would like to clarify that the preferences under GSP Plus Scheme, given to Pakistan since 01.01.2104 ...

Islamabad, December 31, 2015 (PPI-OT): US Ambassador to Pakistan Mr. David M. Hale called on Prime Minister Muhammad Nawaz Sharif at PM House today. It was his first meeting after taking over as the US Ambassador to Pakistan. Issues pertaining to bilateral relations, Afghanistan and other regional issues of mutual interests were discussed during the ...

Islamabad, December 31, 2015 (PPI-OT): H.E. Syed Ibne Ababs, Pakistan High Commissioner to the UK felicitated British Pakistani MP, Rehman Chishti on receiving “MP of the Year Award” recently. Speaking […]