General Business News

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...

The post PACRA Reaffirms Askari Bank’s Tier-II TFC Rating at AA appeared first on Pakistan Business News.

Karachi: The Government of Pakistan has appointed the Pakistan Stock Exchange (PSX), the National Clearing Company of Pakistan Limited (NCCPL), and the Central Depository Company (CDC) to facilitate the issuance of the 17th GOP Ijarah Sukuk (GIS) thro...

The post Pakistan to Conduct 17th GIS Auction Through PSX appeared first on Pakistan Business News.

Karachi: Exchange rates for major currencies experienced slight increases, The Exchange Companies Association of Pakistan reported changes in the buying and selling rates of several currencies.

According to Exchange Companies Association of Pakistan...

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Karachi: Allied Bank Limited has been recognized with two awards at the Global Diversity & Inclusion Benchmarks (GDIB) Awards organized by Diversity Hub HR Metrics. The bank's achievements underscore its commitment to fostering inclusive work ...

The post Allied Bank Limited Wins Two Global Diversity & Inclusion Benchmarks Awards appeared first on Pakistan Business News.

Karachi: Saquib Fayyaz Magoon has been elected as the Chairman of the Businessman Panel Progressive (BMP Progressive), with Khurram Ijaz taking on the role of Secretary General. The election of these and other key office-bearers was finalized during a...

The post Saquib Fayyaz Magoon Elected as Chairman of BMP Progressive, Khurram Ijaz Named Secretary General appeared first on Pakistan Business News.