PACRAPakistan Credit Rating Agency
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Subsequently, SEO-Iran solicited technical and financial proposals from interested consultants and then shortlisted PACRA for framing of the said regulatory framework.
The other speakers were Federal Minister of State for Privatisation, Mohammad Zubair, Dr Ishrat Hussain, Dean and Director IBA (and former Governor SBP), Mr Tawfiq Husain, Secretary General Pakistan Banks' Association (PBA) and former Deputy Governor SBP, Mr Khalid Mirza former Chairman SECP and Mr Adnan Afaq MD PACRA.
For Atlas Islamic Income Fund (AIIF), AA-(f) rated by PACRA, a final distribution of bonus of Rs 10 per unit (2 percent on the face value of Rs 500 per unit) was approved.
Sound financial footing, improved profitability and competent management are the key factors taken into consideration by PACRA, the credit rating agency, while assigning to the Bank highly credible ratings of AA for long-term and A1+ for short-term which is the highest rating in this category.
PACRA has also maintained the ratings of the secured TFC issues of Rs 350 million and Rs 4,000 million at "A" (Single A).
Rahim Yar Khan -- The Bank of Khyber (BOK) being "A" rated Bank declared by credit rating agencies like JCR VIS and PACRA is committed to play its vital role in development business and trading activities through its branch enhanced network and provide banking services to the trading community to boast the economic developmental activities across the country.
The PACRA has improved the rating of Pakistan Income Enhancement Fund (PIEF) to AA- (f) from previous rating of A+ (f).
52 billion in 12 Collective Investment Schemes/Mutual Funds, 2 Voluntary Pension Schemes and Investment Advisory mandates enjoying one of the highest Asset Management Quality rating of 'AM2' by PACRA.
He informed that the State Life is a very sound and stable financial institution which is also endorsed by the fact that it has been assigned AAA rating by PACRA.
An announcement here on Friday said that for Atlas Money Market Fund (AMF), AA(f) rated by PACRA, (launched on 20th January 2010), the Board approved a bonus of Rs.
KARACHI, May 07, 2010 (Balochistan Times): PACRA has maintained the long-term and short-term entity ratings of Bank AL Habib Limited at AA+ (Double A plus) and A1+ (A One plus), respectively.
Due to excel- lent performance of Modaraba, the Pakistan Credit Rating Agency PACRA has already upgraded the rating of FABM during the current year.