Business News

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Atlas Solar Limited Receives Maintained Ratings from VIS, Outlook Upgraded to Positive

Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of Atlas Solar Limited at 'A/A2' with a revised outlook from 'Stable' to 'Positive'. This reflects good credit quality and a solid likelihood of timely repayment of short-ter...

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Cement Exports Surge, Local Demand Declines in Pakistan

Karachi: Cement dispatches in Pakistan for December 2024 reached 4.2 million tons, marking a 2% year-on-year increase, primarily fueled by a significant 49% year-on-year rise in exports. Conversely, domestic demand witnessed a 5% year-on-year decline....

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Bank AL Habib Limited Maintains AA+ Long-Term Rating Amidst Competitive Landscape

Karachi: Bank AL Habib Limited's long-term rating has been maintained at AA+ by PACRA, reflecting the bank's ongoing efforts to enhance its market position despite increasing competition.

According to The Pakistan Credit Rating Agency Limited, the ...

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Bank AL Habib Limited Maintains AA+ Rating Amid Competitive Landscape

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has confirmed that it is maintaining the AA+ long-term rating for Bank AL Habib Limited's Tier-I TFC VI, with a stable outlook. The decision reflects the bank's consistent efforts to strengthe...

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Bank AL Habib Limited Maintains AAA Rating Amid Improved Profitability and Deposit Growth

Karachi: Bank AL Habib Limited has successfully maintained its long-term AAA rating for its Tier II TFC VIII debt instrument, as affirmed by The Pakistan Credit Rating Agency Limited (PACRA). The bank's steady performance is underpinned by its efforts...

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