2016 March : AsiaNet-Pakistan

Archive for March, 2016

Pakistan Credit Rating Agency Limited maintains asset manager rating of Habib Asset Management Limited

March 31, 2016 | General Business News

Lahore, March 31, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained the asset manager rating of Habib Asset Management Limited (HAML) at “AM3” (AM Three). The rating reflects that the company meets good investment management standards and benchmarks. The rating captures the company’s experienced management, adequately structured Investment process and reasonable fund slate. The …

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Pakistan Credit Rating Agency Limited maintains asset manager rating of Lakson Investments Limited

March 31, 2016 | General Business News

Lahore, March 31, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained the asset manager rating of Lakson Investments Limited (LI) at “AM2-” (AM Two Minus) . The rating reflects the company’s high investment management industry standards and benchmarks with noted strengths in several of the rating factors. The rating captures LI’s strategy of building …

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Pakistan Credit Rating Agency Limited maintains asset manager rating of National Bank of Pakistan Fullerton Asset Management Limited

March 31, 2016 | General Business News

Lahore, March 31, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained the asset manager rating of NBP Fullerton Asset Management Limited (NAFA) at “AM2+” (AM Two Plus). The rating reflects the company’s strong capacity to manage risks inherent in the asset management business. The asset manager meets high investment management industry standards and benchmarks …

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Pakistan Credit Rating Agency Limited maintains asset manager rating of National Investment Trust Limited

March 31, 2016 | General Business News

Lahore, March 31, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained the asset manager rating of National Investment Trust Limited (NIT) at ‘AM2’ (AM Two). The rating reflects the company’s high investment management industry standards and benchmarks with noted strengths in several of the rating factors. The rating reflects the company’s position as the …

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Pakistan Credit Rating Agency Limited maintains asset manager rating of Alfalah GHP Investment Management Limited

March 31, 2016 | General Business News

Lahore, March 31, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained the asset manager rating of Alfalah GHP Investment Management Limited (AGIML) at “AM2-” (AM Two Minus). The rating reflects the company’s high investment management industry standards and benchmarks with noted strengths in several of the rating factors. The rating reflects AGIML’s well-structured investment …

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Pakistan Credit Rating Agency Limited maintains lnsurer Financial Strength rating of State Life Insurance Corporation

March 31, 2016 | General Business News

Lahore, March 31, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained the lnsurer Financial Strength (IFS) rating of State Life Insurance Corporation of Pakistan (SLIC) at “AAA” (Triple A). The rating denotes exceptionally strong capacity to meet policyholders and contract obligations. The rating reflects SLIC’s utmost risk absorption capacity on the back of Government …

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Pakistan Credit Rating Agency Limited maintains entity ratings of Al-Abbas Sugar Mills Limited

March 31, 2016 | Financial Services

Lahore, March 31, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained the long term and short term entity ratings of Al-Abbas Sugar Mills Limited (AASML) at ‘A’ (Single A) and ‘A1′(A One) respectively. The ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments. The …

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JCR-VIS assigns ratings to Attock Cement Pakistan Limited

March 31, 2016 | General Business News

Karachi, March 31, 2016 (PPI-OT):JCR-VIS Credit Rating Company Limited has assigned entity ratings of ‘A+/A-1’ (Single A Plus/A-One) to Attock Cement Pakistan Limited (ACPL). Outlook on the assigned ratings is ‘Stable’. The assigned ratings to ACPL incorporate low financial risk as manifested in sound liquidity, capitalization and profitability metrics. The ratings also reflect strong financial …

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Afghan Envoy meets Finance Minister

March 31, 2016 | General Business News

Islamabad, March 31, 2016 (PPI-OT):Afghan Ambassador, Hazrat Omar Zakhilwal called on Finance Minister, Senator Mohammad Ishaq Dar here on Thursday. He expressed deep sense of grief and dismay over the sad incident that occurred in Lahore, resulting in loss of precious lives besides inflicting injuries on a number of others. The Afghan Envoy conveyed to …

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Finance Minister announces prices of petroleum products for April 2016

March 31, 2016 | Ministries

Islamabad, March 31, 2016 (PPI-OT): Finance Minister Senator Mohammad Ishaq Dar here on Thursday announced prices of petroleum products for the month of April 2016. Talking to media he said […]

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Swiss Consulate General hosts dinner for winners of 13th My Karachi

March 31, 2016 | General

Karachi, March 31, 2016 (PPI-OT):The Consul General of Switzerland in Karachi, Mr. Emil Wyss hosted a dinner-reception at the Swiss Residence in the honour of the winners who took part […]

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Moula Bux Chandio felicitates newly elected body of All Pakistan Newspapers Society

March 31, 2016 | Ministries

Karachi, March 31, 2016 (PPI-OT):Advisor to Chief Minister Sindh on Information and Archives Mr. Maula Bux Chandio has congratulated the newly elected body of All Pakistan Newspapers Society (APNS) here […]

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