January 6, 2025
Business, General Business News
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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January 6, 2025
Business, General Business News
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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January 6, 2025
Business, General Business News
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...
The post Bank AL Habib Limited Maintains AAA Rating Amid Improved Profitability and Deposit Growth appeared first on Pakistan Business News.
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January 6, 2025
Business, General Business News
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Matco Foods Limited at 'BBB+/A2', indicating adequate credit quality with reasonable protection factors and good certainty of timely payments. The outlook on the ratings r...
The post VIS Reaffirms Ratings of Matco Foods Limited appeared first on Pakistan Business News.
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January 2, 2025
Business, General 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 has withdrawn the entity ratings for Intermarket Securities Limited, which were previously rated A- and placed under 'Rating Watch - Developing'.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...
The post VIS Withdraws Ratings Following Intermarket Securities Merger appeared first on Pakistan Business News.
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January 2, 2025
Business, General Business News
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...
The post Sindh Microfinance Bank Limited Receives Credit Rating Upgrade appeared first on Pakistan Business News.
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January 2, 2025
Business, General Business News
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...
The post VIS Reaffirms ‘AM1’ Rating for Alfalah Asset Management Amid Growth in Assets appeared first on Pakistan Business News.
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