Karachi: VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating of the Askari Cash Fund at ‘AA+(f)’, indicating a high degree of stability in the fund’s net asset value. The fund, managed by Pak Oman Asset Management Company Limite…
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Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the credit rating of Askari Bank Limited’s Tier I debt instrument at AA-, with a stable outlook. This decision underscores the bank’s robust ownership structure and strategic aff…
The post Askari Bank’s Rating Maintained by PACRA Amidst Strategic Expansion appeared first on Pakistan Business News.
Karachi: VIS Credit Rating Company Ltd. has withdrawn the entity ratings for Intermarket Securities Limited, which were previously rated A- and placed under ‘Rating Watch – Developing’. This action comes as a result of the company’s merger with EFG He…
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Karachi: Sindh Microfinance Bank Limited has received an upgrade in its credit ratings, reflecting a robust financial position and consistent profitability. The Pakistan Credit Rating Agency Limited (PACRA) announced the upgrade, which raises the bank…
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Karachi: VIS Credit Rating Company Limited has reaffirmed the Management Quality Rating of Alfalah Asset Management Limited at ‘AM1’, indicating strong management characteristics with a ‘Stable’ outlook. The rating reflects substantial growth in asset…
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Karachi: VIS Credit Rating Company Ltd. (VIS) has announced the withdrawal of the Broker Fiduciary Rating of BFR3+ for Intermarket Securities Limited (IMS) following its merger with EFG Hermes Pakistan Limited. The newly formed entity has been rebrand…
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Karachi: VIS Credit Rating Company Ltd. (VIS) has announced the withdrawal of the Broker Management Rating (BMR2+) previously assigned to Intermarket Securities Limited (IMS). This decision follows the merger of IMS with EFG Hermes Pakistan Limited, l…
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Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the debt instrument rating of Askari Bank Limited’s Tier-II Term Finance Certificates (TFC-VII) at AA with a stable outlook. This decision reflects the bank’s robust ownership…
The post PACRA Reaffirms Askari Bank’s Tier-II TFC Rating at AA appeared first on Pakistan Business News.
Karachi: The Government of Pakistan has appointed the Pakistan Stock Exchange (PSX), the National Clearing Company of Pakistan Limited (NCCPL), and the Central Depository Company (CDC) to facilitate the issuance of the 17th GOP Ijarah Sukuk (GIS) thro…
The post Pakistan to Conduct 17th GIS Auction Through PSX appeared first on Pakistan Business News.
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