Tag Archives: PACRA

Lahore, March 28, 2023 (PPI-OT): SAFCO Microfinance Company (Private) Limited (‘SMCPL’ or the ‘Company’) is a Microfinance Institution (MFI) governed by the Securities and Exchange Commission of Pakistan under Section 16 of the Companies Act, 2017. The company is licensed to operate under NBFC (Establishment and Regulations) Rules, 2003, Non-Banking Finance Companies, and Notified Entities...

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Lahore, March 28, 2023 (PPI-OT): JWS Pakistan (‘JWSP’ or ‘the Institution’) is a Microfinance Institution (MFI) governed by the Securities and Exchange Commission of Pakistan (SECP) under Section 42 of the Companies Act,2017. The Institution is licensed to operate under NBFC (Establishment and Regulations) Rules, 2003, Non-Banking Finance Companies and Notified Entities Regulations 2008. It...

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Lahore, March 28, 2023 (PPI-OT): Following is the text of press release issued by The Pakistan Credit Rating Agency Limited (PACRA)NBP Government Securities Savings Fund (or the Fund) is a medium profile fund. The assigned rating reflects the Fund’s moderate credit and interest rate risk profile emanating from its investment strategy. Currently, the Fund had...

The post PACRA Maintains Stability Rating of NBP Government Securities Savings Fund – Press Release issued by The Pakistan Credit Rating Agency Limited appeared first on Business News Pakistan.

Lahore, March 28, 2023 (PPI-OT): Following is the text of press release issued by The Pakistan Credit Rating Agency Limited (PACRA)NBP Islamic Daily Dividend Fund (or the Fund) is a low-risk profile fund. The assigned rating reflects the Fund’s strong credit and interest rate risk profile emanating from its investment strategy. The Fund had invested...

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Lahore, March 28, 2023 (PPI-OT): NBP Government Securities Liquid Fund is a low-risk profile fund. The assigned rating reflects the Fund’s strong credit and interest rate risk profile emanating from its investment strategy. The Fund had invested 7.5% in banks majority in AA+ rated bank. Whereas ~91.4% in T-Bills and ~1.1% in others at the...

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Lahore, March 28, 2023 (PPI-OT): NBP Financial Sector Income Fund (or the Fund) is a medium-risk profile fund. The assigned rating reflects the Fund’s moderate credit and interest rate risk profile emanating from its investment strategy. The Fund had invested 78.1% in bank majority in AA- rated bank, ~6.4% in TFC/Sukuks rated AA and above,...

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Lahore, March 24, 2023 (PPI-OT): Malik MIJ Chunxing Resources Recycling Co. Limited (MMC or ‘the Company’) ratings reflect a preeminent presence in the organized segment of the Pakistan lead recycling industry. The core operating activities of the Company include Used lead Acid Batteries recycling and bullion lead refining. The Company is dedicated to providing the...

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