Askari Bank Limited Announces 10-Year TFC at 3M KIBOR+1.2% Rate

Karachi,Askari Bank Limited has unveiled a 10-Year Tier-II TFC, named AKBLTFC7. The certificate offers a profit rate based on 3M KIBOR plus 1.2%. Both the total issue size and the outstanding principal amount to Rs. 6,000,000,000. The next coupon date is set for 17-Dec-2023.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...