Tag: Credit

Saudi delegation briefed on development projects during Gwadar visit

--Petroleum minister confirms Pakistan’s plan to take oil from Saudi Arabia on credit for five years --Info minister says Saudi Arabia has shown keen interest...

South Korea’s Moon gives credit to Trump for North Korea talks

SEOUL: South Korean President Moon Jae-in credited US President Donald Trump on Wednesday for helping to spark the first inter-Korean talks in more than...

Swiss Banks show what’s wrong with global capital rules

Swiss banks UBS AG (UBSN) and Credit Suisse Group AG (CSGN) are among the safest in Europe, according to the measures regulators watch most...

Credit to SMEs dips by 43.2% in last 4yrs as banks...

The central bank Monday reiterated its concern over a more risk-averse posture of the banks towards extending loans to the private sector particularly the...

Two more years please!

Greece needs a two-year extension from its international creditors to meet fiscal pledges, and a liquidity boost from the European Central Bank, said Prime...

Jovovich was once arrested for stolen credit cards

Actress Mila Jovovich has revealed that she was arrested as a youngster for using stolen credit cards. The ”Resident Evil” star admits she and...

Moody’s upgrades Nissan credit rating

Moody's on Thursday upgraded its rating on Nissan Motor, citing its profitability and global market position after the automaker bucked a trend of falling...

Spain banks’ ratings cut as Cyprus asks for bailout

Spain suffered a fresh blow as 28 of its banks were hit with credit downgrades while Cyprus became the latest eurozone country to request...

SECP facilitates shareholders

To facilitate the shareholders of the companies and to encourage payment of dividend through direct credit in the shareholders’ bank accounts, the SECP has...

ICIEC provides $3b in Export Credit Insurance

The Board of Governors of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), member of Islamic Development Bank (IDB) Group,...

The coming global credit glut

With world leaders meeting at the end of this week at the G-20 summit in Cannes, France, the next economic minefield that they will...

Agriculture credit squeezed sharply

The agriculture credit in the last ten years has decreased more than 60 per cent and it is one of the major causes hindering...

Aggregate deposit growth increases, credit offtake down

Recently released sector data shows aggregate deposit growth are up 4.1 per cent YTD (till Aug 19, 2011) driven by high NDA (Net Domestic...

HP Services powers Credit Card System for Faysal Bank

HP today announced that Pakistan’s Faysal Bank has signed a five-year outsourcing services contract with HP Enterprise Services. Faysal Bank was looking to expand...

US loses prized AAA credit rating from S&P

The United States lost its top-tier AAA credit rating from Standard & Poor's on Friday in an unprecedented blow to the world's largest economy...

Moody’s says US should retain top credit rating

Moody's Investors Service said late Friday that the United States should be able to keep its triple-A credit rating as long as Washington works...

JCR-VIS upgrades Samba’s short-term credit rating to A+

JCR-VIS Credit Rating Company has upgraded the short-term rating of Samba Bank Limited (Samba) from A to A+ (A to A plus) and reaffirmed...