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The Gulf kingdom is trying to tackle a very wide deficit and sky-high debt to GDP
Gulf investors 'will now look at every deal', whether sukuk or not
Demand from the Middle East for the sukuk was steady
Bond pricing for the mining company started about 43bp back of its parent
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Karachi, July 30, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has assessed the fund performance ranking of open-end Islamic stock funds for the one, two and three year periods ended June 2012. 2-year and 3-year rankings are based on weighted average performance over the performance horizon. Following are the star rankings for June-end 2012:
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Karachi, July 30, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has withdrawn the ratings assigned to Oman International Bank S.A.O.G - Pakistan Branches, with immediate effect. The State Bank of Pakistan (SBP) had recently approved change in name of the institution to HSBC Bank Oman S.A.O.G - Pakistan Branches, in line with developments at the entity level. The bank has received dispensation up to December 31, 2012 from SBP for submission of credit rating report under Regulation G-4 of the Prudential Regulations for Corporate/Commercial Banking.
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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Oman - Bank Nizwa agrees first board at second attempt
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.