Special Assistant to Punjab Chief Minister on Information Dr. Firdous Ashiq Awan has said government has taken revolutionary steps to empower women economically and socially. Talking to newsmen along with Punjab Minister for Women Development Ashfa Riaz in Lahore today (Tuesday), Dr. Firdous Ashiq said Prime Minister’s vision is turning …

Lahore, December 29, 2020 (PPI-OT): The rating reflects the fund’s average credit quality and liquidity profile. At end Jun’20, the fund is invested in bank (91.95%), while the rest is invested in TFC’s. The Bank placements are made in A- rated banks, which has impacted the rating of the Fund. …

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has withdrawn the Management Quality Rating of ‘AM2’ (AM-Two) assigned to JS Investments Limited (JSIL), with immediate effect on account of management’s decision to discontinue the rating. The previous rating action was announced on December 31, 2019. For more …

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has assigned initial Broker Management Rating of ‘BMR2’ to Darson Securities Limited (DSL). Outlook on the assigned rating is ‘Stable’. The rating signifies strong external control framework, sound risk management and compliance and sound HR and IT policies. Client …

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Thal Limited (THAL) at ‘AA/A-1+’ (Double A /A-One Plus). The long-term rating of ‘AA’ signifies high credit quality and strong protection factors. Risk is modest but may vary slightly from time to time …

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sheikhoo Sugar Mills Limited (SSML) at ‘A-/A-2’ (Single A Minus/A-Two). The medium to long-term rating of ‘A-’ denotes good credit quality coupled with adequate protection factors. Moreover, risk factors may vary with possible …

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength Rating of Jubilee General Insurance Company Limited (‘JGI’ or ‘the Company’) at ‘AA+’ (Double A Plus). The rating signifies very high capacity to meet policyholder and contract obligations. Risk is considered modest but may …