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Karachi: Sindh Microfinance Bank Limited has received an upgrade in its credit ratings, reflecting a robust financial position and consistent profitability. The Pakistan Credit Rating Agency Limited (PACRA) announced the upgrade, which raises the bank...

The post Sindh Microfinance Bank Limited Receives Credit Rating Upgrade appeared first on Pakistan Business News.

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the credit rating of Askari Bank Limited’s Tier I debt instrument at AA-, with a stable outlook. This decision underscores the bank's robust ownership structure and strategic aff...

The post Askari Bank’s Rating Maintained by PACRA Amidst Strategic Expansion appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating of the Askari Cash Fund at 'AA+(f)', indicating a high degree of stability in the fund's net asset value. The fund, managed by Pak Oman Asset Management Company Limite...

The post VIS Reaffirms ‘AA+’ Rating for Askari Cash Fund appeared first on Pakistan Business News.

Karachi: The Consumer Price Index (CPI) for December 2024 has shown a decrease, registering at 4.1%, primarily attributed to a favorable base effect from last year's high inflation levels. The average CPI for the first half of fiscal year 2025 stands ...

The post December CPI Decreases to 4.1% Due to Base Effect appeared first on Pakistan Business News.

Lahore: The Chief Minister of Punjab, Maryam Nawaz Sharif, has initiated the 'Chief Minister Punjab Solarization for Agricultural Tube Wells Program,' which aims to convert 8,000 agricultural tube wells to solar energy across the province. The deadlin...

Islamabad: The Standing Committee on Kashmir Affairs and Gilgit-Baltistan expressed concern over the Ministry's delay in providing necessary briefings during a meeting held at Parliament House. The session, chaired by Haji Imtiaz Ahmed Choudhry, MNA, ...

Islamabad: The Minister for Commerce, Jam Kamal Khan, has reiterated the government's dedication to advancing export-oriented industries. In a recent meeting with representatives from the Rawalpindi Chamber of Commerce and Industries, Khan underscored...