Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term AA- rating for The Bank of Punjab’s Additional Tier 1 Capital TFC, amounting to PKR 3.95 billion, with a stable outlook. The affirmation reflects the bank’s solid p…
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Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the ratings for The Bank of Punjab’s debt instrument TFC II, maintaining a long-term rating of AA with a stable outlook. The Bank’s deposit base has shown significant growth, yet…
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Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial ratings to Pak Elektron Limited (PEL) for its debt instrument, PPSTS II, valued at PKR 2 billion with a maturity date of December 2024. The ratings are A+ for the long term…
The post PACRA Assigns Initial Ratings to Pak Elektron Limited, Signals Positive Outlook appeared first on Pakistan Business News.
Lahore: Bangladesh has simplified its visa process for Pakistani nationals, a move aimed at strengthening trade and economic relations between the two South Asian countries. This initiative was announced by Iqbal Hussain Khan, Bangladesh’s High Commis…
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Karachi: The latest currency exchange rates indicate slight changes in the buying and selling prices of several major currencies, with the US dollar, euro, and British pound experiencing minor fluctuations, as reported on January 13, 2025.
According…
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Karachi: Microfinance loans are emerging as a crucial resource for entrepreneurs in Pakistan, providing vital financial support to those who find traditional banking services inaccessible. These small, unsecured loans are designed to meet the specific…
The post Microfinance Loans Transform Opportunities for Pakistani Entrepreneurs appeared first on Pakistan Business News.
Karachi: JS Bank has introduced a new online banking service, allowing customers to open an account without visiting a branch. The JS Blink Digital Account offers a streamlined, secure method for managing finances through mobile and internet banking.
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The post Online Banking Revolutionized: JS Bank Launches Fully Digital Account appeared first on Pakistan Business News.
Islamabad: Pakistan’s e-commerce industry is poised for substantial growth, with revenue expected to rise from $5.2 billion in 2023 to $6.7 billion by 2029, according to a new report. Despite this, the sector grapples with challenges that could hinder…
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Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) announced that a Pakistani trade delegation, led by its President, Mr. Atif Ikram Sheikh, actively participated in the Bangladesh – Pakistan Business Forum held in Dhaka. A …
The post Bangladesh and Pakistan Forge New Business Ties with Joint Council appeared first on Pakistan Business News.
Islamabad:Pakistan Meteorological Department has predicted that dry weather will prevail over most parts of the country, with partly cloudy conditions expected in northern areas, accompanied by cold weather over the next twelve hours.
According to R…
