General Business News

Karachi: VIS Credit Rating Company Limited has elevated the entity rating of FFBL Power Company Limited from 'AA-/A1' to 'AA/A1.' The revised rating indicates high credit quality and strong protection factors, with a stable outlook. The upgrade reflec...

Lahore: In a recent development, Masood Spinning Mills Limited (MSML) has been assigned a preliminary A- rating by The Pakistan Credit Rating Agency Limited (PACRA) for its debt instrument, which is valued at PKR 3.0 billion. The rating reflects the c...

Karachi: Authorized dealers in foreign exchange received updated exchange rates for mark to market revaluation from the State Bank of Pakistan. The latest data reflects the currency values against the Pakistani Rupee, effective immediately. The US D...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced the continuation of its AAA rating for the WAPDA Dasu TFC-E, underscoring the strategic importance of the Pakistan Water and Power Development Authority (WAPDA) in the nation's hy...

Karachi: Bank AL Habib has announced a special Eid discount campaign, offering up to 40% off at select eateries across Pakistan for its debit and credit cardholders. The promotion aims to enhance the festive experience for customers by providing signi...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial entity ratings to A. Rahim Foods (Pvt.) Limited, positioning the company as a stable and influential player in the food processing industry. The agency has given A. Rahim F...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Olympia Oils (Pvt) Limited at 'A-/A2'. The ratings indicate a good credit quality with adequate protection factors and a stable outlook. The previous rating action was ann...