Business

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VIS Reaffirms Ratings of Basel 3 Compliant Tier I sukuk by Meezan Bank Limited

Karachi, June 29, 2023 (PPI-OT): VIS Credit Rating Company Limited has reaffirmed the entity ratings of Meezan Bank Limited (‘MEBL’ or ‘the Bank’) at ‘AAA/A-1+’ (Triple A/ A-One Plus). The medium to long-term rating of ‘AAA’ denotes highest credit qual...

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VIS Reaffirms Ratings of Basel 3 compliant Tier II sukuk (sukuk 4) by Meezan Bank Limited

Karachi, June 29, 2023 (PPI-OT): VIS Credit Rating Company Limited has reaffirmed the entity ratings of Meezan Bank Limited (‘MEBL’ or ‘the Bank’) at ‘AAA/A-1+’ (Triple A/ A-One Plus). The medium to long-term rating of ‘AAA’ denotes highest credit qual...

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FESCO XEN Highlights Importance of Employee Skills Development and Performance Improvement at RTC Faisalabad

Faisalabad, June 29, 2023 (PPI-OT): Executive Engineer (XEN) Regional Training Center (RTC) Faisalabad Electric Supply Company (FESCO) Sajjad Haider Awan has said that it is very important to develop the skills of employees and improve their performanc...

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PACRA Assigns Initial Entity Ratings to PARCO Pearl Gas (Pvt.) Limited

Lahore, June 29, 2023 (PPI-OT): PARCO Pearl Gas (Private) Limited (PPGL, the company), a wholly owned subsidiary of Pak Arab Refinery Limited, is the largest LPG Marketing companies of the Country. The Company has a strong presence in Pakistan’s LPG se...

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PACRA Maintains Debt Instrument Rating of The Bank of Punjab | TFC II | April-18

Lahore, June 29, 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 systemshare. The Bank grew it...

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