Business

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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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VIS Reaffirms ‘AM1’ Rating for Alfalah Asset Management Amid Growth in Assets

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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VIS Withdraws Broker Fiduciary Rating of Intermarket Securities Limited

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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VIS Withdraws Broker Management Rating Following Intermarket Securities Merger

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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