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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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 ...