2019 December 30 : AsiaNet-Pakistan

Archive for December 30th, 2019

PACRA Maintains Rating of JS Bank – TFC Tier 1

December 30, 2019 | General Business News

Lahore, December 30, 2019 (PPI-OT): The ratings reflect relative position of JS Bank in the country’s competitive banking landscape. This stems from system share in deposit which largely remained the same and depleted advances. The bank’s funding base enhanced attributable …

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Siraj Teli congratulates BMP on impressive victory in FPCCI’s election

December 30, 2019 | General Business News

Karachi, December 30, 2019 (PPI-OT): Chairman Businessmen Group (BMG) and Former President Karachi Chamber of Commerce and Industry (KCCI) Siraj Kassam Teli has congratulated Chairman Businessmen Panel and the newly elected President FPCCI Mian Anjum Nisar, Senior Vice Chairman BMP …

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PACRA Maintains Rating of Bank AL Habib Limited – Tier-II TFC (TFC-VII)

December 30, 2019 | General Business News

Lahore, December 30, 2019 (PPI-OT): The rating reflects the bank’s sustained performance, exceptional asset quality, satisfactory financial profile and healthy liquidity. The bank has solidified its relative positioning in the universe of large sized banks by improving its market share …

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PACRA Maintains Entity Ratings of Bank AL Habib Limited

December 30, 2019 | General Business News

Lahore, December 30, 2019 (PPI-OT): The rating reflects the bank’s sustained performance, exceptional asset quality, satisfactory financial profile and healthy liquidity. The bank has solidified its relative positioning in the universe of large sized banks by improving its market share …

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PACRA Maintains Rating of Bank AL Habib Limited – PPTFC V – Mar-16

December 30, 2019 | General Business News

Lahore, December 30, 2019 (PPI-OT): The rating reflects the bank’s sustained performance, exceptional asset quality, satisfactory financial profile and healthy liquidity. The bank has solidified its relative positioning in the universe of large sized banks by improving its market share …

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PACRA Maintains Entity Ratings of The Bank of Punjab

December 30, 2019 | General Business News

Lahore, December 30, 2019 (PPI-OT): The ratings reflect improved risk profile of Bank of Punjab (BoP) with an appreciable enhancement in profitability and asset quality over the last few years which supplemented the equity base. Last few years are reflective …

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PACRA Maintains Ratings of Bank Alfalah Limited – TFC V – Feb-13

December 30, 2019 | General Business News

Lahore, December 30, 2019 (PPI-OT): The rating reflects the bank’s sustained performance, good asset quality, strong financial profile and healthy liquidity. The bank has solidified its relative positioning in the universe of large sized banks by improving its market share. …

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PACRA Maintains Rating of The Bank of Punjab – TFC II – Tier-II

December 30, 2019 | General Business News

Lahore, December 30, 2019 (PPI-OT): The ratings reflect improved risk profile of Bank of Punjab (BoP) with an appreciable enhancement in profitability and asset quality over the last few years which supplemented the equity base. Last few years are reflective …

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PACRA Maintains Entity Ratings of Askari Bank Limited

December 30, 2019 | General Business News

Lahore, December 30, 2019 (PPI-OT): Askari Bank has shown stable growth rate over the years. This has ensured its relative profitability to remain intact. The bank has a strong brand image, aided by its affiliation with one of the strongest …

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PACRA Maintains Asset Manager Rating of Al Meezan Investment Management Limited

December 30, 2019 | General Business News

Lahore, December 30, 2019 (PPI-OT): The rating reflects the Company’s established standing in the asset management industry, as the largest Asset Management Company in terms of AUMs and pioneer in Shariah Compliant investments in Pakistan. The rating incorporates the Company’s …

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PACRA Revises Entity Ratings of Usmani International Associates (Private) Limited

December 30, 2019 | General Business News

Lahore, December 30, 2019 (PPI-OT): Usmani International Associates (UIA) has been operating in the construction industry for the last many decades. The governance framework is expected to evolve, going forward. The reported profitability in terms of gross margin is adequate, …

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PACRA Maintains Entity Ratings of Sui Northern Gas Pipelines Limited

December 30, 2019 | General Business News

Lahore, December 30, 2019 (PPI-OT): SNGPL’s enjoys high ratings due to its strategic importance as country’s largest gas utility company. The business profile of the company draws strength from its established franchise network, and guaranteed return on its net operating …

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