KARACHI: The State Bank of Pakistan (SBP) renewed the status of both credit rating agencies operating in Pakistan namely ‘VIS Credit Rating Company Limited (VIS)’ and ‘The Pakistan Credit Rating Agency Limited (PACRA)’ as eligible / recognized External Credit Assessment Institutions (ECAIs) for the calendar year 2021.
Banks and DFIs using the standardized approach of Basel framework are allowed to use credit ratings assigned by VIS and PACRA for CAR calculation purposes, the central bank added.
ISLAMABAD: The Federal Board of Revenue (FBR) has revised the fair market values of immovable properties across Quetta, covering urban...
ISLAMABAD: The Federal Board of Revenue (FBR) has authorised Pakistan Rangers and Frontier Corps personnel to exercise specified functions and...
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Saturday notified a significant reduction in liquefied natural gas (LNG) prices...
PESHAWAR: The Peshawar High Court (PHC) has stopped authorities from recovering a disputed 3% additional tax from a steel industry...
