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Bank Al Habib Launches Cashback Rewards on Grocery Purchases for Debit Card Users

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...

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FPCCI Urges Full Utilization of Wind Power to Mitigate Load-shedding and High Electricity Costs

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...

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Meezan Bank Partners with Legends Arena to Boost Health and Fitness in Karachi

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...

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VIS Maintains Ratings of Khushhali Microfinance Bank, Notes Challenges and Recovery Efforts

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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Karachi Rating Agency Maintains Negative Outlook on Khushhali Microfinance Bank’s Debt Instrument

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...

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ADB Allocates $180 Million for Infrastructure Development in Sindh’s Coastal Areas

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...

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