BR100 Decreased By (-0.15%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.80 Decreased By ▼ -0.23 (-3.81%)
BML 58.03 Increased By ▲ 5.28 (10.01%)
BOP 33.85 Decreased By ▼ -0.40 (-1.17%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.77 Decreased By ▼ -0.57 (-4.62%)
FCCL 53.35 Decreased By ▼ -0.54 (-1%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.89 Decreased By ▼ -0.14 (-0.78%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.06 Increased By ▲ 0.06 (0.55%)
KEL 8.05 Decreased By ▼ -0.06 (-0.74%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.19 Decreased By ▼ -0.86 (-0.98%)
NBP 184.60 Decreased By ▼ -1.88 (-1.01%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.31 Increased By ▲ 0.37 (0.93%)
PIAHCLA 26.10 Decreased By ▼ -0.07 (-0.27%)
PIBTL 17.09 Decreased By ▼ -0.23 (-1.33%)
PPL 228.40 Decreased By ▼ -4.38 (-1.88%)
PRL 34.59 Decreased By ▼ -0.36 (-1.03%)
PTC 67.35 Decreased By ▼ -0.21 (-0.31%)
SEARL 91.00 Increased By ▲ 0.07 (0.08%)
SSGC 26.90 Decreased By ▼ -0.27 (-0.99%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.29 Increased By ▲ 0.53 (6.05%)
TREET 24.59 Increased By ▲ 0.05 (0.2%)
TRG 71.69 Decreased By ▼ -0.06 (-0.08%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Business & Finance Print edition: 2023-02-21

VIS Credit Rating Co announces agreement with int’l agencies

Published February 21, 2023 Updated February 21, 2023 07:05am
Save
1 min
comment
By Press Release
Add BRecorder as a trusted
source on Google
Google Preferred Source

KARACHI: VIS Credit Rating Company Limited announces an ‘Agreement of Cooperation’ (AoC) executed between the China Chengxin International Credit Rating Co. Ltd (CCXI), Peoples Republic of China, China Chengxin (Asia Pacific) Credit Rating Co. Ltd. (CCXAP), Hong Kong China – a wholly owned subsidiary of CCXI, Islamic International Rating Agency (IIRA), Kingdom of Bahrain and VIS Credit Rating Co. Ltd., (VIS), Islamic Republic of Pakistan.

The AoC envisages to jointly promote credit ratings and capital market research in OIC markets and countries included in the Belt and Road Initiative. These ratings will facilitate potential issuers in these markets to raise international funds for infrastructure development and deepening of the sukuk/bond markets.

With the signing of the AoC, the collaborating agencies have also launched the “Country Risk Report Along the Belt and Road, 2022”, which can be accessed on the agencies’ respective websites.

Copyright Business Recorder, 2023

China Pakistan BRI OIC countries

Comments

Comments are closed for this article.

More Stories

Browse all stories