July 23, 2026

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UBL Approves Rs40 Billion Financing for Agriculture, KMBL and University Projects

UBL Approves Rs40 Billion Financing for Agriculture, KMBL and University Projects

Laiba Shah 0

United Bank Limited (UBL) has approved financing facilities totalling Rs40 billion to support strategic projects spanning the agriculture sector, Khushhali Microfinance Bank Limited (KMBL) and a higher education institution. The approvals reflect the bank’s continued focus on supporting priority sectors that contribute to Pakistan’s economic and social development. Read More: PACRA Upgrades Askari Bank’s Long-Term…

PACRA Upgrades Askari Bank's Long-Term Rating to AAA

PACRA Upgrades Askari Bank’s Long-Term Rating to AAA

Laiba Shah 0

The Pakistan Credit Rating Agency (PACRA) has upgraded Askari Bank Limited’s long-term entity rating to AAA, the highest possible credit rating, while affirming its short-term rating at A1+. The upgrade reflects the bank’s strong financial profile, improving asset quality, solid capitalisation and consistently strong profitability. Read More: IPAK Unit Approves Rs1.4 Billion Metallizer Investment PACRA…

IPAK Unit Approves Rs1.4 Billion Metallizer Investment

IPAK Unit Approves Rs1.4 Billion Metallizer Investment

Laiba Shah 0

International Packaging Films Limited (IPAK) has approved an investment of approximately Rs1.4 billion to install a new high-speed metallizer at its production facility, reinforcing the company’s strategy to expand value-added packaging solutions and strengthen its position in Pakistan’s flexible packaging industry. The investment is aimed at increasing production capacity while meeting rising domestic and international…

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