Setting The Record Straight: Examining Karachi’s Loadshed Profile

Karachi, July 04, 2023 (PPI-OT): In response to reports about power situation in Karachi and adjoining areas, KE maintains that there the loadshed plan is the same as announced and implemented in March 2023. The company conducts periodic assessments of...

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BankIslami Pakistan Achieves AA- Rating, Solidifying Its Position as a Leading Financial Institution

Karachi, July 04, 2023 (PPI-OT): BankIslami, Pakistan’s leading Islamic bank, is delighted to announce that it has been upgraded to an AA- rating. This prestigious rating reaffirms the bank's commitment to excellence, sound financial management, and it...

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Pakistan’s First ‘AAA’ Rated Rs. 2.5 Billion ‘Gender Bond’ Launched

Karachi, July 04, 2023 (PPI-OT): InfraZamin Pakistan, Kashf Foundation and Arif Habib Limited launch Pakistan’s first ‘AAA’ rated, Rs. 2.5 billion, fully Guaranteed ‘Gender Bond’ for bond capital market investors. InfraZamin Pakistan, a licensed NBFI a...

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VIS Maintained Preference Share Ratings of PGP Consortium Limited

Karachi, July 04, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the preference share ratings of PGP Consortium Limited (PGPC) at ‘BBB’ (Triple B). Outlook on the assigned ratings has been revised from ‘Rating Watch - Developing’...

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Askari Bank Limited Announces Profit Payments for TFC VI & VII for the Period Ending June 2023

Karachi, Askari Bank Limited has released a statement regarding the profit payments for TFC VI & VII issues for the period ending June 30, 2023, in compliance with PSX Regulation 5C.8 (xii). The details of the profit payments are as follows:TFC VI:Janu...

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First Elite Capital Modaraba Announces Share Transactions by Director

Karachi, First Elite Capital Modaraba is pleased to inform shareholders and investors about recent share transactions carried out by one of its esteemed directors, Muhammad Javed Amin.On June 27, 2023, Muhammad Javed Amin, a Non-Executive Director of F...

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