Karachi: The State Bank of Pakistan has released the Karachi Interbank Offered Rate (KIBOR) for the upcoming financial year, ul-2025. The KIBOR rates are a key indicator for various banking activities, reflecting the interest rates at which banks are willing to lend to one another. According to State Bank of
Karachi: The State Bank of Pakistan has released new data reflecting changes in the ceilings and floors of financial institutions’ transactions for July 15, 2025. According to State Bank of Pakistan, the ceiling amount for transactions on this date is set at 111,000 across three institutions. Meanwhile, the floor amount
Karachi: The State Bank of Pakistan (SBP) has released detailed figures on the use of its overnight repo and reverse repo facilities by various financial institutions. According to State Bank of Pakistan, the data reveals that on July 15, 2025, a total of one institution accessed the SBP’s Overnight Repo
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Islamic Chamber of Commerce and Development collectively organized a high-profile Medical Tourism Conference in Karachi – attended by top medical professionals, tourism industry CEOs, government officials and parliamentarians. Mr. Saquib Fayyaz Magoon, SVP FPCCI, in his keynote emphasized
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the entity ratings of the National Rural Support Programme (NRSP), citing a diversified financial structure and effective risk management systems. NRSP’s financial foundation is bolstered by microfinance operations, local and international donor grants, and investment returns, contributing to a stable
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned an initial stability rating to the Pak Oman Micro Finance Fund. This fund is an innovative low-risk investment solution that aims to offer competitive returns through a specialized focus on Pakistan’s burgeoning microfinance sector. It strategically targets high-quality microfinance debt
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Alhamra Government Securities Fund. This decision underscores the Fund’s sustained performance and its strategic focus on conservative investments within the Islamic finance sector. According to Pakistan Credit Rating Agency Limited, the Alhamra Government Securities Fund
Lahore: PACRA has sustained the stability rating of the MCB DCF Fixed Return Fund II, noting its conservative financial structure. The Fund has invested approximately 99.66% of its assets in Government-rated instruments, which underscores a strong commitment to maintaining a low-risk profile. Additionally, 0.28% of the assets are allocated to