PACRA Reaffirms National Bank of Pakistan Triple A Rating Citing Sovereign Ownership and Lower Costs
The Pakistan Credit Rating Agency maintains the highest entity ratings for National Bank of Pakistan following a substantial expansion in its interest income and deposit portfolio.
PACRA Reaffirms MCB Bank Premium AAA Rating Amid Surge in Digital Banking Velocity
The Pakistan Credit Rating Agency has maintained MCB Bank Limited top tier AAA long term rating following a massive surge in digital transaction volume and strong deposit growth.
PACRA Maintains Bank AL Habib Top Tier AAA Rating Citing Strong Capital and Asset Quality
The Pakistan Credit Rating Agency reaffirms Bank AL Habib Limited premium AAA long term rating alongside a stable outlook reflecting robust financial fundamentals.
Daewoo Pakistan Express Bus Service Launches First PKR 2 Billion Short-Term Sukuk with Successful Closure
Daewoo Pakistan Express Bus Service LTD closes its first PKR 2 billion short-term Sukuk, supported by Pak Oman Investment Company, PACRA, and Shariah advisors, marking a milestone in Pakistan’s capital markets.
Bank of Punjab And InfraZamin Pakistan Sign MoU To Strengthen Agricultural Warehousing Financing
The Bank of Punjab and InfraZamin Pakistan have signed an MoU to enhance Pakistan’s agricultural warehousing ecosystem through credit guarantee-backed financing, boosting private investment and storage infrastructure.
PACRA Maintains Strong Ratings for Soneri Bank Amid Robust Growth and Strategic Expansion
PACRA has reaffirmed its long-term rating of ‘AA-’ and short-term rating of ‘A1+’ for Soneri Bank Limited, highlighting its strong growth in deposits, digital transformation, and improved asset quality amid industry-wide challenges.