Karachi: The Consumer Price Index (CPI) for December 2024 has shown a decrease, registering at 4.1%, primarily attributed to a favorable base effect from last year’s high inflation levels. The average CPI for the first half of fiscal year 2025 stands …
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Karachi: VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating of the Askari Cash Fund at ‘AA+(f)’, indicating a high degree of stability in the fund’s net asset value. The fund, managed by Pak Oman Asset Management Company Limite…
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Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the credit rating of Askari Bank Limited’s Tier I debt instrument at AA-, with a stable outlook. This decision underscores the bank’s robust ownership structure and strategic aff…
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Karachi: VIS Credit Rating Company Ltd. has withdrawn the entity ratings for Intermarket Securities Limited, which were previously rated A- and placed under ‘Rating Watch – Developing’. This action comes as a result of the company’s merger with EFG He…
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Karachi: Sindh Microfinance Bank Limited has received an upgrade in its credit ratings, reflecting a robust financial position and consistent profitability. The Pakistan Credit Rating Agency Limited (PACRA) announced the upgrade, which raises the bank…
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Karachi: VIS Credit Rating Company Limited has reaffirmed the Management Quality Rating of Alfalah Asset Management Limited at ‘AM1’, indicating strong management characteristics with a ‘Stable’ outlook. The rating reflects substantial growth in asset…
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Karachi: VIS Credit Rating Company Ltd. (VIS) has announced the withdrawal of the Broker Fiduciary Rating of BFR3+ for Intermarket Securities Limited (IMS) following its merger with EFG Hermes Pakistan Limited. The newly formed entity has been rebrand…
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Karachi: VIS Credit Rating Company Ltd. (VIS) has announced the withdrawal of the Broker Management Rating (BMR2+) previously assigned to Intermarket Securities Limited (IMS). This decision follows the merger of IMS with EFG Hermes Pakistan Limited, l…
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Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the debt instrument rating of Askari Bank Limited’s Tier-II Term Finance Certificates (TFC-VII) at AA with a stable outlook. This decision reflects the bank’s robust ownership…
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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…
