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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