Askari Bank’s Perpetual Tier-I TFC Stands Firm with Upcoming Coupon Payment

Karachi: Askari Bank Limited offers a perpetual Tier-I TFC, AKBLTFC6, with a profit rate of 6M KIBOR+1.5%. The market lot is one, and the face value per lot is PKR 1,000,000. With the total issue size at PKR 6,000,000,000, all of which remains as outstanding principal, the next coupon is expected on 03-Jan-2024.

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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 ...