Business

Lahore, July 20, 2023 (PPI-OT):The Bank of Punjab has built a franchise around its name, which itself is a reflection of strong parentage. The bank enjoys a respectable position in its peer universe, also reflected by its system share. The Bank grew it...

The post PACRA Assigns Preliminary Rating of the Bank of Punjab | Additional Tier 1 Capital TFC | PKR 5bln | TBI appeared first on Pakistan Business News.

Lahore, July 20, 2023 (PPI-OT): The lingering impact of Covid-19 along with the impact of the floods in Jul’22, the portfolio credit quality has been impacted severely and the financial risk profile of the Bank has weakened. The recoveries may take tim...

The post PACRA revises the Debt Instrument Rating of Khushhali Microfinance Bank Limited | PPTFC | PKR 1.5bln | Jun-22 appeared first on Pakistan Business News.

Lahore, July 20, 2023 (PPI-OT): Ratings reflect Sindh Engro Coal Mining Company’s (SECMC/the Company) ownership structure comprising of the Government of Sindh and financially sound business groups of the Country. In addition to ownership, Ratings also...

The post PACRA maintains Entity Ratings of Sindh Engro Coal Mining Company appeared first on Pakistan Business News.

Pakistan and the World Bank have agreed to collaborate to promote digital economy by providing training, guidance and financial assistance to young entrepreneurs.This came at a meeting between Minister for Poverty Alleviation and Social Safety Shazia ...

Karachi, July 19, 2023 (PPI-OT): The United Business Group (UBG) Central President Zubair Tufail, Chairman (Sindh Zone) Khalid Tawab and Secretary General(Sindh) Hanif Gohar extended their heartfelt appreciation for General Asim Muneer's recent visit t...

The post UBG Leader commend General Asim Muneer’s Recent Visit to Iran, Expect Strengthened Pakistan-Iran Bilateral Trade and Economic Relations appeared first on Pakistan Business News.

Karachi, July 19, 2023 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) in Pakistan is contemplating the establishment of a National Taxpayers Union (NTUP) to effectively represent the interests of taxpayers, similar to such unions in many...

The post UNISAME Considers Formation of National Taxpayers Union appeared first on Pakistan Business News.

Karachi, July 19, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of AJ Power (Private) Limited (AJPL) at ‘A/A-2’ (Single A/A-Two). The medium to long-term rating of ‘A’ signifies good credit quality; protection...

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