Business News

Lahore: The Bank of Punjab has sustained its strong financial standing as the Pakistan Credit Rating Agency Limited (PACRA) affirmed the bank's long-term credit rating at AA with a stable outlook, according to a recent press release. The rating reflec...

The post The Bank of Punjab Maintains Strong Financial Position Amid Market Challenges appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Lahore Sialkot Motorway Infrastructure Management (Pvt.) Limited (LSMIML) at 'A-/A2', reflecting strong credit quality and a stable outlook. This decision underscores the ...

The post VIS Reaffirms Ratings for Lahore Sialkot Motorway Management Firm appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has withdrawn the entity ratings assigned to Cotton Web Limited, effective immediately, following the management's decision to discontinue the ratings. The previous rating action for the company was announced...

The post VIS Withdraws Ratings for Cotton Web Limited appeared first on Pakistan Business News.

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...

The post Azerbaijan to Establish Trade Center in Lahore to Boost Economic Ties appeared first on Pakistan Business News.

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...

The post Currency Rates Show Marginal Changes in Pakistan appeared first on Pakistan Business News.

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...

The post Sialkot Chamber Urges Ministry to Ease Document Attestation Process for Exporters appeared first on Pakistan Business News.

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.