May 31, 2024
Business, General Business News
Karachi, Bank Al Habib has introduced a new cashback reward program for its Visa debit cardholders, offering significant savings on grocery purchases throughout the month. The program is designed to encourage more frequent use of Bank Al Habib’s Visa d...
The post Bank Al Habib Launches Cashback Rewards on Grocery Purchases for Debit Card Users appeared first on Pakistan Business News.
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May 31, 2024
Business, General Business News
Karachi, FPCCI President Atif Ikram Sheikh has called for the immediate and complete off-take of electricity from twelve operational wind power projects, which produce power at a cost-effective rate of PKR 14.5 per unit. This move is seen as crucial to...
The post FPCCI Urges Full Utilization of Wind Power to Mitigate Load-shedding and High Electricity Costs appeared first on Pakistan Business News.
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May 31, 2024
Business, General Business News
Karachi, Meezan Bank, known as Pakistan’s premier Islamic bank, has forged a strategic partnership with Legends Arena, a leading sports facility, to enhance health and fitness opportunities in Karachi. The collaboration was officially launched during a...
The post Meezan Bank Partners with Legends Arena to Boost Health and Fitness in Karachi appeared first on Pakistan Business News.
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May 30, 2024
Business, General Business News
Karachi, In a move effective immediately, VIS Credit Rating Company Ltd. (VIS) has withdrawn the Broker Management Rating previously assigned to Alpha Capital Private Limited. This decision comes directly from the management's choice to discontinue th...
The post VIS Ends Broker Management Rating for Alpha Capital appeared first on Pakistan Business News.
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May 30, 2024
Business, General Business News
Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Khushhali Microfinance Bank Limited (KMBL) at 'A-/A-2', indicating good credit quality and sound company fundamentals but with a continued 'Rating Watch – Negative'....
The post VIS Maintains Ratings of Khushhali Microfinance Bank, Notes Challenges and Recovery Efforts appeared first on Pakistan Business News.
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May 30, 2024
Business, General Business News
Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed its rating for the Basel 3 Compliant Tier-II debt instrument of Khushhali Microfinance Bank Limited (KMBL) at 'B' (Single B), indicating ongoing challenges with payment schedules and a pe...
The post Karachi Rating Agency Maintains Negative Outlook on Khushhali Microfinance Bank’s Debt Instrument appeared first on Pakistan Business News.
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May 30, 2024
Business, General Business News
Islamabad, The Asian Development Bank (ADB) is set to inject USD 180 million into a project that will enhance forest areas, drainage systems, and road infrastructure in Sindh, Pakistan. The investment aims to bolster environmental protection, job crea...
The post ADB Allocates $180 Million for Infrastructure Development in Sindh’s Coastal Areas appeared first on Pakistan Business News.
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