Category Archives: Financial Services

Pakistan Credit Rating Agency Limited maintains entity ratings of Al-Abbas Sugar Mills Limited

Lahore, March 31, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained the long term and short term entity ratings of Al-Abbas Sugar Mills Limited (AASML) at ‘A’ (Single A) and ‘A1′(A One) respectively. The ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments. The …

Conversion rates of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon June 05, 2015

Karachi, June 05, 2015 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on June 8, …

Conversion rates of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon June 03, 2015

Karachi, June 03, 2015 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on June 4, …

Conversion rates of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon June 02, 2015

Karachi, June 02, 2015 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on June 3, …

The State Bank of Pakistan conference on affordable housing paves the way for a grand alliance between public and private sector

Karachi, May 29, 2015 (PPI-OT): The two-day International Conference on Affordable Housing and Mortgage Finance organized by State Bank of Pakistan (SBP) was concluded today in Islamabad. The Prime Minister, Mian Muhammad Nawaz Sharif, graced the occasion. The Prime Minister evinced keen interest in the deliberations of the conference and offered his candid comments. He …

Finance Minister launches National Financial Inclusion Strategy for Pakistan

Karachi, May 22, 2015 (PPI-OT): The Federal Finance Minister, Senator Mohammad Ishaq Dar, today, launched National Financial Inclusion Strategy (NFIS) for Pakistan at Islamabad. The objective of the strategy is to build momentum and push forward reforms to achieve universal financial inclusion in an integrated and sustained manner. While sharing the vision, Mr. Dar said …