Askari Bank Limited Announces Tier-II TFC with Coupon Payment Scheduled for December 2023

Karachi: Askari Bank Limited has issued a Tier-II TFC with a 10-year tenor and a profit rate of 3-month KIBOR plus 1.2%. The TFC has a total issue size of PKR 6 billion, all of which remains outstanding. The upcoming coupon date is set for 17th December 2023.

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