Askari Bank Limited Raises 6 Billion Rupees Through TFC Tier-I

Karachi, Askari Bank Limited has successfully raised 6 billion rupees through a privately placed debt security, “TFC (Tier-I),” symbol AKBLTFC6, with a market lot of 1 and a face value of 1,000,000 rupees. The tenor for this issue is perpetual, with the next coupon date set for 03-Jan-2024.

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