AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: PACRA has affirmed the entity ratings of Standard Chartered Bank (Pakistan) Limited, underscoring the bank's robust franchise value and strong market position. This rating reflects SCBPL's strategic alignment with its parent company, Standard...

Karachi: The National Bank of Pakistan (NBP) has maintained its robust entity ratings, reflecting a strong position in the domestic commercial banking sector, according to a recent evaluation by The Pakistan Credit Rating Agency Limited (PACRA). The r...

KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Bank AL Habib Limited (BAHL), underscoring the bank's robust market positioning in a competitive banking environment. BAHL's strategic initiatives, anchored ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) announced the open market closing exchange rates on June 23, 2025, revealing a steady performance of the Pakistani rupee against major global currencies. According to the data, the buyi...

KARACHI: The State Bank of Pakistan has released its latest weighted average customer exchange rates, providing a snapshot of the current buying and selling rates for various international currencies against the Pakistani Rupee. According to the data ...

KARACHI: Arab Light crude experienced significant price increases, rising over 21.3% in June 2025 and 11% since mid-June, amid escalating geopolitical tensions in the Middle East. The key factor is the Strait of Hormuz, an essential oil chokepoint tha...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of MCB Bank Limited, highlighting its expanding deposit base, strengthening core earnings, and growing market presence. The ratings underscore the Bank's impro...