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.
PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA), Mardan, and Malakand Region conducted field visits in districts of Mardan and Swabi. The...
ISLAMABAD: With the federal budget for 2026-27 due to be presented in the National Assembly shortly, Samina Fazil, founder president...
KARACHI: The State Bank of Pakistan (SBP) announced issuance of Naya Pakistan Certificates in Saudi riyal and UAE dirham, offering...
LAHORE: The Federal Board of Revenue (FBR) officials are systematically misusing the powers available under Section 175C of the Income...
