Pakistan Credit Rating Agency Resolves to Dilute Equity Stake in Tasdeeq Information Services by Passing on Rights Issue
The Pakistan Credit Rating Agency decides against subscribing to the new rights issue of Tasdeeq Information Services Limited reducing its total corporate shareholding.
PACRA Upgrades Faysal Bank Long-Term Rating to AA+ Following Successful Islamic Transition
Faysal Bank Limited receives a long-term entity rating upgrade from PACRA to AA+ driven by strong digital growth, retail deposit surges, and Islamic banking leadership.
PACRA maintains A+ rating for Secure Logistics Trax Group following strategic merger and fintech expansion
PACRA has maintained the long-term entity rating of Secure Logistics Trax Group at A+ with a stable outlook, reflecting its strengthened market position, successful merger, and fintech-driven diversification strategy.