Lahore, March 01, 2023 (PPI-OT): FINCA is categorized among mid-tier microfinance banks. The Bank reflects a presence across the province with 130 branches and around 13 districts. The ratings incorporate the association of FINCA (“the Bank”) with a global microfinance organization –
PACRA Assigns Initial Rating to Lucky Electric Power Company Limited – PPCP – PKR 6 billion – May-22
Lahore, September 06, 2022 (PPI-OT):Lucky Electric Power Company Limited (Lucky Electric or The Company) has set up a 1x660MW (gross) coal fired power plant. The project achieved COD in March-22 and is successfully connected to and providing electricity to the grid. The
Lahore, September 06, 2022 (PPI-OT):Lucky Electric Power Company Limited (Lucky Electric or The Company) has set up a 1x660MW (gross) coal fired power plant. The project achieved COD in March-22 and is successfully connected to and providing electricity to the grid. The
Lahore, July 18, 2022 (PPI-OT): Engro Polymer and Chemicals Limited (“EPCL” or “The Company”) ratings reflect an established foothold in the manufacturing of Poly Vinyl Chloride (PVC) resin, and Chlor Alkali products (Caustic Soda, Sodium Hypochlorite, and HCL). EPCL is the sole
Lahore, July 18, 2022 (PPI-OT): Engro Polymer and Chemicals Limited (“EPCL” or “The Company”) ratings reflect an established foothold in the manufacturing of Poly Vinyl Chloride (PVC) resin, and Chlor Alkali products (Caustic Soda, Sodium Hypochlorite, and Hydrochloric Acid). EPCL is the
Lahore, July 18, 2022 (PPI-OT): The ratings of Diamond Fabrics Limited reflect the Company’s strong business profile emanating from its presence in the broader value chain in the international market; enabling the Company to fare better against volatility. The Company has a
Lahore, July 18, 2022 (PPI-OT): Assigned ratings incorporate BIPL’s good capitalization, sustained market share (both in terms of advances as well as deposits). The Bank’s net profitability enhanced attributable to reversal of provision whilst there was decline in net markup income due