Daily Archives: March 11, 2023
TOTAL Parco Pakistan Limited (TPPL) miscellaneous jobs (supply and services)
Islamabad, March 11, 2023 (PPI-OT): TOTAL PARCO PAKISTAN LIMITED (TPPL) is a multinational joint-venture between TOTAL S.A. and Pak Arab Refinery Co Ltd (PARCO) operating in Pakistan since 2001 and is an affiliate of world’s 5th largest publicly listed integrated
PACRA Maintains Stability Rating of NIT Money Market Fund
Lahore, March 11, 2023 (PPI-OT): NIT Money Market Fund (or the “Fund”) is low risk profile fund. The assigned rating reflects the Fund’s low credit risk profile emanating from Fund’s Investment policy to invest in avenues with sound liquidity. The
PACRA Maintains Stability Rating of Alhamra Daily Dividend Fund
Lahore, March 11, 2023 (PPI-OT): Alhamra Daily Dividend Fund (or the “Fund) is a medium risk-profile fund. The assigned rating reflects the adequate strength of the Fund’s credit and interest rate risk profile. Furthermore, considerable holding of cash and bank
PACRA assigns initial IFS Rating to 5th Pillar Family Takaful Limited
Lahore, March 11, 2023 (PPI-OT): 5th Pillar Family Takaful is an initiative taken by eminent Kuwaiti and Pakistani business houses to offer Hajj and Umrah takaful saving plans to middle and low middle income Muslims especially from Pakistan supported with
PACRA Maintains Stability Rating of MCB DCF Income Fund
Lahore, March 11, 2023 (PPI-OT): MCB DCF Income Fund (the “Fund”) is a medium-risk profile fund. At end Dec’22, largely the portfolio was invested in Government Sukuk/Securities of 77.6%, 18.4% in TFCs/Sukuks, 2.4% in Cash at Banks, while remaining was
PACRA Maintains Stability Rating of Lakson Money Market Fund
Lahore, March 11, 2023 (PPI-OT): Lakson Money Market Fund (or the “Fund”) is low risk profile fund. The assigned rating reflects the Fund’s low credit risk profile emanating from Fund’s Investment policy to invest in avenues with sound liquidity. The
PACRA Maintains Stability Rating of MCB Pakistan Sovereign Fund
Lahore, March 11, 2023 (PPI-OT): MCB Pakistan Sovereign Fund (or the ‘Fund’) is a medium risk-profile fund. The assigned rating reflects the strong strength of the Fund’s credit risk profile and moderate strength of the interest rate risk profile. At
PACRA Maintains Stability Rating of NIT Government Bond Fund
Lahore, March 11, 2023 (PPI-OT): NIT Government Bond Fund (or the ‘Fund’) is a medium risk profile Fund. The assigned rating reflects the Fund’s moderate credit risk profile emanating from Fund’s Investment policy to invest in avenues with sound liquidity.
