The Bank of Punjab’s Ratings Affirmed by PACRA Amid Strategic Expansion

Lahore: The Pakistan Credit Rating Agency Limited has maintained the long-term rating of The Bank of Punjab at AA-, with a stable outlook, in its latest review of the bank’s Additional Tier 1 Capital Term Finance Certificates. The ratings, which refle...

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Bank of Punjab’s Ratings Affirmed Amid Strategic Growth

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the ratings for The Bank of Punjab's debt instrument TFC II, maintaining a long-term rating of AA with a stable outlook. The Bank's deposit base has shown significant growth, yet...

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PACRA Maintains Ratings for Bank of Punjab’s Additional Tier 1 Capital

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term AA- rating for The Bank of Punjab's Additional Tier 1 Capital TFC, amounting to PKR 3.95 billion, with a stable outlook. The affirmation reflects the bank's solid p...

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Karachi Mayor Pledges Accountability Amid New Development Projects

KARACHI: Mayor Karachi, Barrister Murtaza Wahab, has announced a series of development projects and initiatives aimed at transforming the city's infrastructure while addressing illegal activities. These efforts, he stated, are part of a broader commit...

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IG Punjab Vows to Resolve Promotion Concerns for Police Inspectors

Lahore: Inspector General of Police Punjab, Dr. Usman Anwar, held a meeting with inspectors from Lahore and other districts at the Central Police Office. The discussion centered on the challenges inspectors face regarding their promotions, with Dr. An...

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Karachi’s C40 Megacity Status Restored After Three-Year Hiatus

Karachi: Karachi's status as an active member of the C40 Cities Climate Leadership Group has been restored after a three-year suspension, Mayor Barrister Murtaza Wahab announced recently. The city's membership was deactivated in 2022, but officials ha...

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Newly Commissioned PNS Yamama Strengthens Ties with Turkiye Through Naval Exercise

Islamabad: The newly commissioned Pakistan Navy Ship (PNS) Yamama has completed a significant visit to Turkiye, engaging in strategic naval exercises and fostering bilateral relations. The ship, on its maiden voyage from Romania to Pakistan, made stop...

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