General Business News

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 has withdrawn the entity ratings for Intermarket Securities Limited, which were previously rated A- and placed under 'Rating Watch - Developing'.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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