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Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the MCB Cash Management Optimizer, a low-risk money market fund that remains a key cash management tool for both institutional and retail investors. The Fun...

Karachi: Pakistan's oil marketing companies (OMCs) reported a notable increase in sales for April 2025, reaching a 13-month high with 1.46 million tons sold, marking a 32% rise compared to the previous year and a 20% increase from the previous month. ...

Karachi: Zindigi, a platform powered by JS Bank, has entered into a strategic partnership with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to advance the digital transformation of Pakistan's business sector. This collaboration...

Islamabad: Prime Minister Shehbaz Sharif has expressed satisfaction over one percent reduction in policy rate announced by the State Bank of Pakistan: In a statement, he said the one percent cut down in the policy rate is a welcoming step for business...

Islamabad: Prime Minister Shehbaz Sharif has expressed satisfaction over one percent reduction in policy rate announced by the State Bank of Pakistan: In a statement, he said the one percent cut down in the policy rate is a welcoming step for business...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of NRSP Microfinance Bank Limited at 'A-/A2'. The medium to long-term rating of 'A-' signifies good credit quality with adequate protection factors, although risk factors cou...

Karachi: VIS Credit Rating Company Limited (VIS) has assigned an 'A1 (plim)' preliminary rating to At-Tahur Limited's proposed Short Term Sukuk (STS). This rating underscores a strong likelihood of timely repayment of short-term obligations, backed by...