Business

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...

The post Bank AL Habib Limited Maintains AA+ Rating Amid Competitive Landscape appeared first on Pakistan 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.

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.

Karachi: Cement dispatches in Pakistan for December 2024 reached 4.2 million tons, marking a 2% year-on-year increase, primarily fueled by a significant 49% year-on-year rise in exports. Conversely, domestic demand witnessed a 5% year-on-year decline....

The post Cement Exports Surge, Local Demand Declines in Pakistan appeared first on Pakistan Business News.

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...

The post VIS Withdraws Broker Fiduciary Rating of Intermarket Securities Limited appeared first on Pakistan Business News.

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...

The post VIS Withdraws Broker Management Rating Following Intermarket Securities Merger appeared first on Pakistan Business News.

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.