Business

Lahore, July 05, 2023 (PPI-OT): The Lahore Chamber of Commerce and Industry (LCCI) has taken a proactive step in addressing Pakistan's economic challenges by sending an invitation to the heads of all political parties. The invitation, sent in the form ...

The post LCCI extends invitation to political parties appeared first on Pakistan Business News.

Karachi, July 05, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘BBB/A-2’ (Triple B/A-Two) assigned to Akram Cotton Mills Limited, with immediate effect, due to non-renewal of contract. Previous rating actio...

The post VIS Withdraws Entity Ratings of Akram Cotton Mills Limited appeared first on Pakistan Business News.

Karachi, July 04, 2023 (PPI-OT): InfraZamin Pakistan, Kashf Foundation and Arif Habib Limited launch Pakistan’s first ‘AAA’ rated, Rs. 2.5 billion, fully Guaranteed ‘Gender Bond’ for bond capital market investors. InfraZamin Pakistan, a licensed NBFI a...

The post Pakistan’s First ‘AAA’ Rated Rs. 2.5 Billion ‘Gender Bond’ Launched appeared first on Pakistan Business News.

Karachi, July 04, 2023 (PPI-OT): In response to reports about power situation in Karachi and adjoining areas, KE maintains that there the loadshed plan is the same as announced and implemented in March 2023. The company conducts periodic assessments of...

The post Setting The Record Straight: Examining Karachi’s Loadshed Profile appeared first on Pakistan Business News.

Karachi, July 04, 2023 (PPI-OT): BankIslami, Pakistan’s leading Islamic bank, is delighted to announce that it has been upgraded to an AA- rating. This prestigious rating reaffirms the bank's commitment to excellence, sound financial management, and it...

The post BankIslami Pakistan Achieves AA- Rating, Solidifying Its Position as a Leading Financial Institution appeared first on Pakistan Business News.

Karachi, July 04, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the preference share ratings of PGP Consortium Limited (PGPC) at ‘BBB’ (Triple B). Outlook on the assigned ratings has been revised from ‘Rating Watch - Developing’...

The post VIS Maintained Preference Share Ratings of PGP Consortium Limited appeared first on Pakistan Business News.

Karachi, July 04, 2023 (PPI-OT): With the aim to digitize the loan application process for small and medium-sized enterprises (SMEs) in Pakistan, JS Bank has joined forces with Adal Fintech to introduce a digital lending solution to provide credit faci...

The post JS Bank partners with Adal Fintech to launch a digital lending platform for seamless loan management solutions appeared first on Pakistan Business News.