PACRA maintains IFS rating of SPI Insurance Company

MG News | December 07, 2018 at 03:30 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 07, 2018 (MLN): Pakistan Credit Rating Agency (PACRA) has maintained the IFS rating of SPI Insurance Company Limited at ‘A’, with a ‘stable’ outlook forecast.

As per an official notice on the subject, PACRA has said that the rating reflects the strong business profile of the company.

They add that the rating is dependent on the management's ability to capitalize on its brand and group's well-built platform for business expansion.

“At the same time, the liquidity level must improve and consequent income stream should likewise go up; herein attrition beyond a requisite threshold would negatively impact”, opines the agency.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	178,262.34 385.16M	4.23% 7241.13
ALLSHR	107,837.44 1,028.26M	3.85% 4001.05
KSE30	53,347.67 160.21M	4.70% 2395.68
KMI30	251,510.37 142.71M	4.52% 10876.50
KMIALLSHR	69,173.86 484.44M	3.91% 2601.11
BKTi	51,064.73 51.74M	4.91% 2391.50
OGTi	35,248.42 10.48M	4.59% 1546.17

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,545.00	66,075.00 63,875.00	330.00 0.51%
BRENT CRUDE	89.89	93.60 87.55	-6.89 -7.12%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	120.00	120.00 120.00	-0.25 -0.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	83.50	86.20 82.12	-5.81 -6.51%
SUGAR #11 WORLD	14.61	14.75 14.54	-0.16 -1.08%