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Daily Archives: December 29, 2017

PACRA Maintains Entity and TFCs Ratings of Bank Alfalah Limited

Lahore, December 29, 2017 (PPI-OT):The ratings reflect relative positioning of the bank among large banks of the country. The bank has a stronger position in advances – sustained by fresh deployments. The deposit system share has witnessed dilution as the bank embarked upon a strategy to sustainably rationalize its cost of funding with enduring focus ...

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PACRA assigns Initial Ratings to Ghandhara Industries Limited

Lahore, December 29, 2017 (PPI-OT):Ghandhara Industries Limited (GIL) operates in the truck and buses segment of the automobile sector. The strength of the company is its alliance with ISUZU – a leading Japanese brand in the aforementioned segment. ISUZU has enabled the company to build a strong fortress in the competitive industry of Pakistan. The ...

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