KARACHI: The State Bank of Pakistan (SBP) on Tuesday renewed the status of two credit rating agencies operating in Pakistan namely VIS Credit Rating Company Limited (VIS) and The Pakistan Credit Rating Agency Limited (PACRA) as eligible/recognised External Credit Assessment Institutions (ECAIs) till December 31, 2023. “Banks and development finance institutions using the standardised approach of Basel framework are allowed to use credit ratings assigned by VIS and PACRA for CAR calculation purposes,” SBP said in a statement.
ISLAMABAD: The Securities and Exchange Commission of Pakistan has issued standardised formats of documents, along...
KARACHI: inDrive, one of Pakistan's leading ride-hailing services, has announced its expansion into five new cities,...
KARACHI: PTCL Group collaborated with ConnectHear to organise a sign language training session for its customer...
ISLAMABAD: Khairullah Khan, a 50-year-old taxi driver, recalls a time when he could fill his fuel tank to drive...
LAHORE: Pakistan has produced millions of genuine poor in recent decades, while also producing hundreds of...
LAHORE: The Oil Marketing Association of Pakistan on Wednesday demanded the government to raise the profit margins of...
