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Karachi, June 27, 2023 (PPI-OT): VIS Credit Rating Company Limited has reaffirmed the entity ratings of Al-Baraka Bank (Pakistan) Limited (ABPL) at ‘A+/A-1’ (Single A Plus/A-One). Long-term rating of ‘A+’ denotes good credit quality and adequate protec...

The post VIS Reaffirms Ratings of Basel 3 compliant Tier II sukuk (sukuk-1) by Al-Baraka Bank (Pakistan) Limited appeared first on Pakistan Business News.

Karachi, June 27, 2023 (PPI-OT): VIS Credit Rating Company Limited has reaffirmed the entity ratings of Al-Baraka Bank (Pakistan) Limited (ABPL) at ‘A+/A-1’ (Single A Plus/A-One). Long-term rating of ‘A+’ denotes good credit quality and adequate protec...

The post VIS Reaffirms Entity Ratings of Al-Baraka Bank (Pakistan) Limited appeared first on Pakistan Business News.

The Monetary Policy Committee of the State Bank of Pakistan, has increased the interest rate to 22 percent, to contain inflation.The committee held an emergency meeting yesterday, days after deciding in a meeting on Jun 12, that, it will not increase i...

The International Cricket Council has announced today the schedule for this year's fifty overs World Cup in India.In the World Cup 10 teams will fight for the elusive title across 10 venues from October 5 to November 19 this year.The opening match wil...

Foreign Secretary of Pakistan Dr Asad Majeed Khan held Bilateral Political Consultations with his Japanese counterpart Shigeo Yamada in Tokyo on Tuesday.Both sides reviewed all significant aspects of Pakistan Japan relations and agreed to spare no eff...

Prime Minister Muhammad Shehbaz Sharif has expressed the confidence that understanding on International Monetary Fund programme will shape into a final decision by the Bank within couple of days.He expressed these views during a telephonic conversatio...

Economic Coordination Committee which met in Islamabad on Tuesday with Finance Minister Senator Mohammad Ishaq Dar in the chair approved technical supplementary grant of 200 million rupees in favour of Department of the Auditor General of Pakistan to ...