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Moody’s downgrades Saudi Arabia credit rating

2 years, 5 months ago
RIYADH: Saudi Arabia suffered another cut to its credit rating on Saturday as Moody's Investors Service downgraded the kingdom along with Bahrain and Oman because of the slump in oil prices.

USAID helping Pakistani businesses access credit

2 years, 9 months ago
KARACHI: The United States Agency for International Development (USAID) and Securities and Exchange Commission of Pakistan (SECP) hosted a three-day conference on non-banking finance and capital markets in Karachi which was attended by…

Senate passes Credit Bureau Bill 2015

3 years, 3 months ago
ISLAMABAD: The Senate today passed the Credit Bureau Bill, 2015, aimed at providing for the incorporation and functioning of Credit Bureau.

Credit guarantees look to widen Islamic finance landscape

3 years, 8 months ago
ISLAMABAD: Credit guarantees are gaining traction in Islamic finance, helping a wider range of firms to tap the market for sharia-compliant debt, which remains stubbornly reliant on sovereign and quasi-sovereign issuers.

Pakistan fuel crisis weighing on credit worthiness: Moody's

3 years, 8 months ago
ISLAMABAD: Pakistan's ongoing fuel shortage that has led to worsening power blackouts is weighing on its credit worthiness and hindering its ability to meet key reform targets laid out by the IMF, ratings agency Moody's warned Monday.