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Askari Bank Limited Lists Tier-II TFC

Karachi: Askari Bank Limited has listed a Tier-II TFC, AKBLTFC7, for a ten-year term with a profit rate of 3M KIBOR+1.2%. The total issue and outstanding principal amounts are both 6 billion Rs., with the next coupon date scheduled for 17-Dec-2023, signifying the bank’s commitment to fulfilling its long-term debt obligations.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...