ADB Allocates $180 Million for Infrastructure Development in Sindh’s Coastal Areas

Islamabad, The Asian Development Bank (ADB) is set to inject USD 180 million into a project that will enhance forest areas, drainage systems, and road infrastructure in Sindh, Pakistan. The investment aims to bolster environmental protection, job crea...

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Karachi Rating Agency Maintains Negative Outlook on Khushhali Microfinance Bank’s Debt Instrument

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed its rating for the Basel 3 Compliant Tier-II debt instrument of Khushhali Microfinance Bank Limited (KMBL) at 'B' (Single B), indicating ongoing challenges with payment schedules and a pe...

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VIS Maintains Ratings of Khushhali Microfinance Bank, Notes Challenges and Recovery Efforts

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Khushhali Microfinance Bank Limited (KMBL) at 'A-/A-2', indicating good credit quality and sound company fundamentals but with a continued 'Rating Watch – Negative'....

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