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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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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...