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Monthly Archives: December 2015

Pakistan Media Safety Report 2015

No arrests made for murder of two media personnel in Pakistan.  Those who injured six media men also remain free Two media personnel were killed, while six others were injured and many were manhandled during 2015.  In addition 11 media personnel were booked in false cases and equipment of many media workers was damaged or […]

Ambassador Designate to Bahrain calls on Prime Minister

Islamabad, December 31, 2015 (PPI-OT): Ambassador Designate to Bahrain Mr. Javed Malik called on Prime Minister Muhammad Nawaz Sharif at PM House today. The Prime Minister felicitated the Ambassador Designate for his new assignment and expressed the hope that he will endeavour to bring the two countries even more closer. The Prime Minister said that …

JCR-VIS assigns initial Fund Stability Rating of Askari Sovereign Yield Enhancer

Karachi, December 31, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned initial Fund Stability Rating of Askari Sovereign Yield Enhancer (ASYE) at ‘A+(f)’ (Single A Plus (f)). ASYE was incorporated in September 2012 as an open end Income fund. Based on the constitutive document of ASYE, the fund is restricted to place a …

JCR-VIS assigns initial Fund Stability Rating of Askari High Yield Scheme at A(f)

Karachi, December 31, 2015 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has assigned initial Fund Stability Rating of Askari High Yield Scheme (AHYS) at ‘A(f)’ (Single A (f)). AHYS (formerly Askari Income Fund) operates as an aggressive income fund since 2007. As per regulatory limits, the fund may take exposure in riskier assets such as …

JCR-VIS Reaffirms Fund Stability Rating of Allied Bank Limited Cash Fund at ‘AA(f)’

Karachi, December 31, 2015 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Fund Stability Rating of ABL Cash Fund (ABL CF) at ‘AA(f)’ (Double A(f)). Last rating action was taken on August 13, 2014. Established in July 2010, ABL Cash Fund operates as an open end money market fund. The fund has been …

JCR-VIS Revises Fund Stability Rating of Allied Bank Limited Government Securities Fund to ‘A(f)’

Karachi, December 31, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the Fund Stability Rating of ABL Government Securities Fund (ABL GSF) to ‘A(f)’ (Single A(f)) from ‘A+(f)’ (Single A plus(f)). Last rating action was taken on 13 August 2014. ABL Government Securities Fund (ABL-GSF) was launched in November 2011, as an open …

JCR-VIS Revises Fund Stability Rating of Allied Bank Limited Income Fund to ‘A(f)’

Karachi, December 31, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the Fund Stability Rating of ABL Income Fund (ABL IF) to ‘A(f)’ (Single A(f)) from ‘A+’ (Single A plus(f)). Last rating action was taken on October 16, 2014. ABL Income Fund (ABL-IF) is an open end fund launched in September 2008. The …

JCR-VIS reaffirms Fund Stability Rating of Allied Bank Limited Islamic Income Fund

Karachi, December 31, 2015 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Fund Stability Rating of ABL Islamic Income Fund from at ‘A(f)’ (Single A (f)). The previous rating action was announced on October 16, 2014. The reaffirmation of rating takes into account the actual investment allocation and composition of the fund portfolio. …