GENEVA, April 14, 2016 (GLOBE NEWSWIRE) — Union Bancaire Privee (“UBP”) completed the transfer of Coutts International’s activities in Singapore and Hong Kong on 11 April 2016. This is the final stage in the acquisition of Royal Bank of Scotland’s international wealth management business which operated under the name Coutts. Its entities in Switzerland, Monaco […]

Lahore, April 14, 2016 (PPI-OT):The Pakistan Credit Rating Agency Limited (PACRA) has revised the long-term entity rating of SME Bank Limited (SMEBL) to “B” (Single B) [Previous: ‘BB’], while short-term rating is maintained at “B” (Single B). The ratings indicate that capacity for timely payment of financial commitments is more susceptible to adverse changes in ...

Islamabad, April 14, 2016 (PPI-OT):Pakistan Telecommunication Company Limited (PTCL) has announced today its financial results for the quarter ended March 31, 2016 in its Board of Directors meeting held at Islamabad. PTCL Group earned Rs. 29.3 billion revenue during the quarter whereas PTCL’s revenues were Rs. 18.0 billion. Data revenues increased compared to the same ...

Islamabad, April 14, 2016 (PPI-OT):Pakistan’s Ambassador to the Kingdom of Bahrain, Javed Malik met with HRH Prince Salman Bin Hamad Al Khalifa, Crown Prince of the Kingdom of Bahrain and discussed with him various ways to expand the bilateral relations between both countries. While welcoming Ambassador Javed Malik, Prince Salman paid tribute to the strong ...

Islamabad, April 14, 2016 (PPI-OT):Federal Minister for Commerce, Engr. Khurram Dastagir Khan has said that despite a slow-down and bleak forecasts for the international trade in the near future SAARC countries can benefit by enhancing intra-region trade. He said that non-tariff barriers in the intra-region trade must be brought down to pursue greater economic integration ...

Karachi, April 14, 2016 (PPI-OT):Agreement Signing and Ground Breaking Ceremony for establishment of a new Campus of DOW University of Health Sciences (DUHS) and a state-of-the-art Liver Transplant Centre at […]

Karachi, April 14, 2016 (PPI-OT):Sindh Chief Minister Syed Qaim Ali has said that corruption was pervasive in our society and government ranks but “we have to stop it through drastic […]