PACRA maintains Broker Fiduciary Rating of IGI Finex Securities Limited

August 26, 2023 Business

Lahore, August 26, 2023 (PPI-OT): During 1HCY23, IGI’s brokerage revenue declined on account of the decrease in market volumes. Moving forward, it is imperative for the Company to diversify its revenue streams to better be able to resist market shocks. The management’s ability to retain its market share and boost trading volumes remain critical. Moreover, retention of key management and sustainability of profitability continue to remain a prominent factor for ratings.

For more information, contact:

Analyst,

The Pakistan Credit Rating Agency Limited (PACRA)

Awami Complex, FB1, Usman Block New Garden Town,

Lahore, Pakistan

Tel: +92-42-5869504-6

Fax: +92-42-5830425

Email: hammad.rashid@pacra.com

Website: www.pacra.com

The post PACRA maintains Broker Fiduciary Rating of IGI Finex Securities Limited appeared first on Pakistan Business News.

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