Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Money Market Fund (ABL MMF), underscoring its commitment to preserving capital while delivering competitive returns. The Fund, characterized by i...
Read More »Foodpanda Partners with Al Qadir Welfare to Launch Rider Support Program
Islamabad: foodpanda has announced a partnership with Al Qadir Welfare to bolster the well-being of its rider community across Pakistan. The collaboration introduces a welfare initiative aimed at providing free bike restoration services and distributi...
Read More »State Bank of Pakistan Sets Ceiling for Lending to a Single Borrower
Karachi: The State Bank of Pakistan has established a lending ceiling, setting a limit of 142,500 for a single borrower, applicable to just one financial institution as of October 15, 2025. This move aims to regulate and standardize borrowing practice...
Read More »PACRA Reaffirms ABL Cash Fund’s Stability Rating
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Cash Fund, maintaining its position as a low-risk investment option. The Fund is designed to offer capital preservation and liquidity through a c...
Read More »UBL Reports Robust 3Q2025 Earnings Surge Amid Strategic Expansion
Karachi: United Bank Limited (UBL) announced a significant increase in its third-quarter earnings for 2025, reporting a 93% year-on-year rise to Rs35.4 billion, with earnings per share (EPS) reaching Rs14.1. This performance aligns with market expecta...
Read More »PACRA Reaffirms ABL Financial Sector Fund’s Stability Rating
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Financial Sector Fund, underscoring the fund's robust strategy and strong liquidity profile. The fund, which carries a moderate-risk profile, is d...
Read More »Economic Diplomacy Ushers in New Era of Prosperity, Says Business Leader
Karachi: Mian Zahid Hussain, a prominent figure in Pakistan's business community, has praised the diplomatic endeavors of Prime Minister Mian Shehbaz Sharif and Chief of Army Staff Field Marshal Asim Munir, attributing recent economic advancements to ...
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