Business

This category covers all news related Business & Finance

PACRA revises the Debt Instrument Rating of Khushhali Microfinance Bank Limited | PPTFC | PKR 1.5bln | Jun-22

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...

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PACRA maintains Entity Ratings of Sindh Engro Coal Mining Company

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...

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VIS Reaffirms Entity Ratings of Fatima Fertilizer Company Limited

Karachi, July 20, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Fatima Fertilizer Company Limited (‘FATIMA’ or ‘the Company’) at ‘AA+/A-1+’ (Double A Plus /A-One Plus). The medium to long-term rating of ‘AA...

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UBG Leader commend General Asim Muneer’s Recent Visit to Iran, Expect Strengthened Pakistan-Iran Bilateral Trade and Economic Relations

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...

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