Business

Karachi, The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is set to host its annual Achievement Awards on December 23 at the Serena Hotel in Islamabad. This year's event, as announced by FPCCI President Irfan Iqbal Sheikh, is expect...

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Islamabad, Pakistan's oil marketing companies (OMCs) have reported a modest increase in petroleum product sales in November 2023, with a notable uptick in high-speed diesel (HSD) and residual fuel oil (RFO) sales. The overall sales volume for the month...

The post Oil Marketing Companies Report Slight Increase in Petroleum Sales as Winter Begins appeared first on Pakistan Business News.

Islamabad, Amidst Rising Profits, Banks Accused of Neglecting Customer Security and Fair ReturnsThe former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, criticized commercial banks for prioritizing profits...

The post Banks Accused of Security Neglect and Unfair Practices Despite High Profits, Says ICCI President appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength Rating of Jubilee General Insurance Company Limited (JGI) at ‘AA++(IFS)’. This rating indicates JGI’s very strong capacity to meet policyholder and contract obliga...

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Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sohail Textile Mills Limited (SOT) at ‘BBB-/A-2’. The medium to long-term rating of ‘BBB-’ reflects adequate credit quality with reasonable protection factors, while ...

The post VIS Maintains ‘BBB-/A-2’ Ratings for Sohail Textile Mills with Stable Outlook appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the Insurer Financial Strength (IFS) rating of Chubb Insurance Pakistan Limited (CIPL) at ‘AA+’, indicating a very strong capacity to meet policyholder and contract obligations with minima...

The post VIS Maintains ‘AA+’ IFS Rating for Chubb Insurance Pakistan with Stable Outlook appeared first on Pakistan Business News.

Karachi, JS Bank, continuing its growth trajectory, has inaugurated a new branch in Hala, Matiari, Sindh, marking a key milestone in its nationwide expansion strategy. The opening of this branch is part of the Bank’s plan to enhance its network and imp...

The post JS Bank Expands Presence with New Branch Opening in Hala, Matiari appeared first on Pakistan Business News.