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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Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...