Lahore, January 14, 2016 (PPI-OT): The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of Standard Chartered Modaraba (SCM) at “AA+” (Double A plus) and “A1+” (A one plus), respectively. The ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment ...

Lahore, January 14, 2016 (PPI-OT): The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of ORIX Leasing Pakistan Limited (ORIX) at “AA+” (Double A plus) and “A1+” (A one plus), respectively. The ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely ...

Lahore, January 14, 2016 (PPI-OT): The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of Standard Chartered Leasing Limited (SCLL) at “AA+” (Double A plus) and “A1+” (A one plus), respectively. The ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely ...

Lahore, January 14, 2016 (PPI-OT):The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of IGI Investment Bank Limited (IGI IBL) at “BBB-” (Triple B Minus) and “A3” (A Three), respectively. The ratings denote an adequate capacity for timely payment of financial commitments. Meanwhile, “Positive Outlook” assigned to these ratings ...

Karachi, January 14, 2016 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the Management Quality Rating of HBL Asset Management Limited (HBL AMC) at ‘AM2-’ (AM-Two Minus). Outlook on the assigned rating is ‘Stable’. The previous rating action was announced on March 13, 2015. The rating assigned to HBL AMC take into account presence ...

Islamabad, January 14, 2016 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP), during the first half of current fiscal year (2015-16) registered 2,747 new companies, indicating a growth of 25 % as compared to the corresponding period last year. The growing trend in company registration is a sign of enhanced investors’ confidence on SECP’s ...

Multan, January 14, 2016 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) in collaboration with the Multan Chamber of Commerce and Industry (MCCI) organized a consultative session on the draft Companies Bill at MCCI. The invitees of the Session included eminent chartered accountants, lawyers, corporate consultants, professionals, businessmen, company secretaries of leading companies. The ...