Business

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 ...

The post Bank AL Habib Limited Maintains AA+ Long-Term Rating Amidst Competitive Landscape appeared first on Pakistan 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...

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: Oil marketing companies (OMCs) in Pakistan reported a slight increase in volumes for December 2024, with sales reaching 1.28 million tons, marking a 3% year-on-year growth. The cumulative volume for the first half of the fiscal year 2025 was ...

The post Pakistan’s OMCs See Volume Increase Despite Winter Slowdown appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the Fund Stability Rating for Askari Sovereign Yield Enhancer (ASYE) at 'AA-(f)', reflecting a high degree of stability in the Fund's Net Asset Value.

According to VIS Credit Rating Co...

The post VIS Reaffirms ‘AA-‘ Fund Stability Rating for Askari Sovereign Yield Enhancer appeared first on Pakistan Business News.

Karachi: The Consumer Price Index (CPI) for December 2024 has shown a decrease, registering at 4.1%, primarily attributed to a favorable base effect from last year's high inflation levels. The average CPI for the first half of fiscal year 2025 stands ...

The post December CPI Decreases to 4.1% Due to Base Effect appeared first on Pakistan Business News.