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: Pakistan International Airlines (PIA) has announced a 30% discount on flights from Pakistan to Toronto, Canada, for travel until...
RAWALPINDI: The Rawalpindi Chamber of Commerce & Industry (RCCI) organized a Business-to-Business (B2B) meeting and interactive session with a visiting...
BANGKOK: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb and the Governor of the State Bank of Pakistan (SBP)...
KARACHI: Directorate General of Transit Trade (DGTT) has foiled an attempt to clear restricted and high-duty goods worth hundreds of...
