Business

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Premium Textile Mills Limited (PRET) at ‘A-/A-2’ (A Minus/A-Two). Outlook on the assigned ratings is ‘Stable’. The long-term rating of ‘A-’ ...

The post VIS Reaffirms Entity Ratings of Premium Textile Mills Limited appeared first on Pakistan Business News.

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited has issued a new Rating Scale https://docs.vis.com.pk/docs/VISRatingScales.pdf for hybrid Tier-1 and Tier-2 capital instruments issued by Banks, under Basel III guidelines as implemen...

The post VIS Harmonizes Ratings of Tier-II Instruments of Khushhali Microfinance Bank Limited appeared first on Pakistan Business News.

Karachi, August 18, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday welcomed the caret...

The post Dr. Shamshad Akhtar will encounter difficulties in obtaining loans, lowering interest rates, and controlling inflation appeared first on Pakistan Business News.

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Digital World Pakistan (Private) Limited (DWPL) at ‘A-/A-2’ (Single A Minus/A-Two). Outlook on the assigned ratings has been revised from ‘S...

The post VIS Maintains Entity Ratings of Digital World Pakistan (Private) Limited appeared first on Pakistan Business News.

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of DWP Technologies (Pvt.) Ltd. (DWPTL) at ‘A-/A-2’ (Single A Minus/A-Two). The long-term rating of ‘A-’ signifies good credit quality with ade...

The post VIS Reaffirms Entity Ratings of DWP Technologies (Private) Limited appeared first on Pakistan Business News.

Muhammad Ali has taken charge as the care taker Minister for Energy, Power and Petroleum.Muhammad Ali has over 30 years of domestic and international work experience in the public and private sectors, including as Chairman of the Securities and Exchan...

Lahore, August 18, 2023 (PPI-OT): Pak Oman Income Fund (or the “Fund”) is a moderate risk profile Fund. The objective of the Fund is to provide its unit holders competitive returns from portfolio of investment with low credit risk with maximum possible...

The post PACRA Maintains Stability Rating of Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund) appeared first on Pakistan Business News.