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VIS Reaffirms Strong Entity Ratings for Lucky Cement Limited.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Lucky Cement Limited ("LCL", "LUCK" or "the Company") at 'AA+/A1+' (Double A plus/A One plus). Medium to long-term rating of 'AA+' indicates high credit quality; Pro...

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VIS Upgrades BMA Capital Management’s Broker Fiduciary Rating to ‘BFR2’.

Karachi: VIS Credit Rating Company Ltd. (VIS) has announced the upgrade of the Broker Fiduciary Rating for BMA Capital Management Limited from 'BFR3++' to 'BFR2'. The outlook on this rating has been classified as stable. The BFR2 rating reflects the c...

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Currency Exchange Rates Show Slight Fluctuations Across Major Currencies.

KARACHI: The latest currency exchange rates reveal minor fluctuations in the buying and selling prices of major currencies including the US Dollar, Euro, British Pound, Japanese Yen, UAE Dirham, and Saudi Riyal.

According to Exchange Companies Assoc...

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VIS Maintains Entity Ratings of Kohinoor Mills Limited with Stable Outlook.

Karachi: VIS Credit Rating Company Limited ('VIS') has maintained the entity ratings of Kohinoor Mills Limited ('KML' or 'the Company') at 'BBB+/A2' (Triple B Plus/A Two). The medium to long-term rating of 'BBB+' indicates adequate credit quality, wit...

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Aman Pracha Calls for Unified Effort to Restore Investor Confidence in Pakistan.

Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Muhammad Aman Pracha, has emphasized the need to restore the confidence of both local and foreign investors and industrialists. He highlighted that ne...

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Jazz’s Garaj and Standard Chartered Bank Collaborate to Establish Regional Availability Zone in Pakistan.

ISLAMABAD: Garaj, Pakistan's leading cloud services and cybersecurity solutions provider by Jazz, has partnered with Standard Chartered Bank to create a regional availability zone in Pakistan. This strategic initiative will enhance Standard Chartered'...

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BankIslami Launches Initiative Promoting Riba-Free Banking Services.

KARACHI: BankIslami, a renowned Islamic financial institution in Pakistan, has launched a major initiative aimed at promoting its riba-free (interest-free) banking services to individuals from various backgrounds and faiths. This move underscores the ...

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