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VIS reaffirms DIP Pakistan ratings


VIS reaffirms DIP Pakistan ratings
July 10, 2021
KARACHI: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Dubai Islamic Bank Pakistan Limited at AA/A-1+ (Double A/A-One Plus), a statement said.
The rating assigned to the bank s Tier II Sukuk and Additional Tier-1 Sukuk has been reaffirmed at AA- (Double A Minus) and A+ (Single A Plus) respectively. Outlook on the assigned ratings is Stable . The previous entity rating action was announced on June 30, 2020.
“The assigned ratings incorporate a strong financial profile and track record of demonstrated support of the sponsor, Dubai Islamic Bank PJSC, UAE, the bank said in a statement. “Subsequent to its acquisition of Noor Bank, DIB has established itself as one of the two largest Islamic Banking Institutions in the world.” ....

Credit Rating Company Limited , Noor Bank , Dubai Islamic Bank Pakistan , Dubai Islamic Bank , Rating Company Limited , Dubai Islamic Bank Pakistan Limited , A One Plus , Islamic Banking Institutions , கடன் ரேடிஂக் நிறுவனம் வரையறுக்கப்பட்டவை , நூர் வங்கி , துபாய் இஸ்லாமிய வங்கி பாக்கிஸ்தான் , துபாய் இஸ்லாமிய வங்கி , ரேடிஂக் நிறுவனம் வரையறுக்கப்பட்டவை , துபாய் இஸ்லாமிய வங்கி பாக்கிஸ்தான் வரையறுக்கப்பட்டவை , இஸ்லாமிய வங்கி நிறுவனங்கள் ,

Asset base of financial sector expands 14 % despite COVID-19: SBP


Asset base of financial sector expands 14 % despite COVID-19: SBP
July 8, 2021
The Financial Stability Review (FSR) for CY20 issued by State Bank of Pakistan (SBP) on Wednesday indicated mild impacts of COVID-19 on the national economy while the financial system with over 14 percent expansion in asset base-exhibited resilience in a challenging environment.
The FSR highlights that Calendar Year 2020 was a challenging year for the financial sector as COVID-19 pandemic triggered deepest global recession since the Great Depression but in case of Pakistan, impact of coronavirus waves has been relatively mild as the output loss of 0.47 percent for FY20 was one of the lowest among Emerging Market and Developing Economies. ....

Financial Stability Review , State Bank , Calendar Year , Great Depression , Emerging Market , Islamic Banking Institutions , நிதி ஸ்திரத்தன்மை விமர்சனம் , நிலை வங்கி , நாட்காட்டி ஆண்டு , நன்று மனச்சோர்வு , வளர்ந்து வருகிறது சந்தை , இஸ்லாமிய வங்கி நிறுவனங்கள் ,

Islamic banks directed to improve risk management - Newspaper

Islamic banks directed to improve risk management - Newspaper
dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.

State Bank , Shariah Non Compliance Risk , Islamic Banking Institutions , Shariah Board , நிலை வங்கி , இஸ்லாமிய வங்கி நிறுவனங்கள் ,

SBP Issues Instructions to Improve Stability in Islamic Banking

SBP Issues Instructions to Improve Stability in Islamic Banking
propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.

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