Business News

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced the continuation of its ratings for the University of Management and Technology (UMT), maintaining its long-term rating at A- and short-term rating at A2, with a stable outlook. T...

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Lahore: Azerbaijan is set to strengthen its economic ties with Pakistan by opening a Trade Center in Lahore, marking a significant step towards enhancing bilateral trade, investment, and business-to-business relations. The announcement was made by Kha...

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Karachi: The exchange rates for several major currencies, including the US dollar, euro, and British pound, displayed slight variations in Pakistan over a one-day period, reflecting ongoing fluctuations in the interbank market. These adjustments are p...

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Sialkot: In a recent statement, Mr. Ikram ul Haq, President of the Sialkot Chamber of Commerce and Industry (SCCI), voiced significant concerns from the local business community over challenges in the attestation and Apostille of key trade documents r...

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Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for The Bank of Punjab (BOP) Tier 2, TFC-III, issued in April 2023. The ratings, which remain at "AA" for long-term debt instruments with a stable outlook, reflect th...

The post PACRA Reaffirms Bank of Punjab’s Ratings Amid Strategic Shifts appeared first on Pakistan Business News.

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term AA- rating for The Bank of Punjab's Additional Tier 1 Capital TFC, amounting to PKR 3.95 billion, with a stable outlook. The affirmation reflects the bank's solid p...

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Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the ratings for The Bank of Punjab's debt instrument TFC II, maintaining a long-term rating of AA with a stable outlook. The Bank's deposit base has shown significant growth, yet...

The post Bank of Punjab’s Ratings Affirmed Amid Strategic Growth appeared first on Pakistan Business News.