Karachi: The State Bank of Pakistan has established a lending ceiling, setting a limit of 142,500 for a single borrower, applicable to just one financial institution as of October 15, 2025. This move aims to regulate and standardize borrowing practice...
Read More »Key KIBOR Rates Announced by State Bank of Pakistan
KARACHI: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rates (KIBOR), providing insights into the cost of borrowing for various tenors as of October 15, 2025. The rates show a slight variance across different timeframes,...
Read More »PACRA Reaffirms Stability Rating for ABL Money Market Fund
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Money Market Fund (ABL MMF), underscoring its commitment to preserving capital while delivering competitive returns. The Fund, characterized by i...
Read More »Foodpanda Partners with Al Qadir Welfare to Launch Rider Support Program
Islamabad: foodpanda has announced a partnership with Al Qadir Welfare to bolster the well-being of its rider community across Pakistan. The collaboration introduces a welfare initiative aimed at providing free bike restoration services and distributi...
Read More »PACRA Affirms Stability Rating for ABL Government Securities Fund
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the ABL Government Securities Fund (ABL GSF), highlighting the Fund's commitment to delivering optimal risk-adjusted returns through strategic investments ...
Read More »PACRA Reaffirms ABL Cash Fund’s Stability Rating
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Cash Fund, maintaining its position as a low-risk investment option. The Fund is designed to offer capital preservation and liquidity through a c...
Read More »Economic Diplomacy Ushers in New Era of Prosperity, Says Business Leader
Karachi: Mian Zahid Hussain, a prominent figure in Pakistan's business community, has praised the diplomatic endeavors of Prime Minister Mian Shehbaz Sharif and Chief of Army Staff Field Marshal Asim Munir, attributing recent economic advancements to ...
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