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Karachi, The Alhamra Islamic Asset Allocation Fund, listed in 2006, disclosed its financial performance in the Pakistan Stock Exchange market report. The fund had an offer price of 85.53 and a redemption price of 82.73 as of June 2023. It reported a d...

Karachi, JS Bank, one of Pakistan's rapidly growing banks, has announced the opening of a new branch in Hala, Matiari, Sindh, as part of its annual expansion plan. This move represents a key strategy in the bank's efforts to broaden its national footpr...

The post JS Bank Expands Presence in Sindh with New Branch in Hala, Matiari appeared first on Pakistan Business News.

Karachi, JS Bank, continuing its growth trajectory, has inaugurated a new branch in Hala, Matiari, Sindh, marking a key milestone in its nationwide expansion strategy. The opening of this branch is part of the Bank’s plan to enhance its network and imp...

The post JS Bank Expands Presence with New Branch Opening in Hala, Matiari appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the Insurer Financial Strength (IFS) rating of Chubb Insurance Pakistan Limited (CIPL) at ‘AA+’, indicating a very strong capacity to meet policyholder and contract obligations with minima...

The post VIS Maintains ‘AA+’ IFS Rating for Chubb Insurance Pakistan with Stable Outlook appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sohail Textile Mills Limited (SOT) at ‘BBB-/A-2’. The medium to long-term rating of ‘BBB-’ reflects adequate credit quality with reasonable protection factors, while ...

The post VIS Maintains ‘BBB-/A-2’ Ratings for Sohail Textile Mills with Stable Outlook appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength Rating of Jubilee General Insurance Company Limited (JGI) at ‘AA++(IFS)’. This rating indicates JGI’s very strong capacity to meet policyholder and contract obliga...

The post VIS Credit Rating Company Reaffirms ‘AA++(IFS)’ Rating for Jubilee General Insurance appeared first on Pakistan Business News.

Karachi, In a recent economic update, it was reported that November 2023 saw the Consumer Price Index (CPI) reach 29.2%, marking a substantial monthly increase of 2.7%. This rise, primarily driven by a dramatic 280% month-over-month surge in gas prices...

The post CPI Disinflation on Track Despite Significant Gas Price Surge appeared first on Pakistan Business News.