Bank Al Habib Limited Announces Perpetual TFC Issue Worth Rs. 7 Billion

Karachi: Bank Al Habib Limited has issued a perpetual Term Finance Certificate (Tier-I), with the symbol BAHLTFC9, to raise Rs. 7,000,000,000. The certificate, with a market lot of 1 and a face value of Rs. 5,000, carries a profit rate of 6M KIBOR + 1.65%. The next payment for coupon holders is scheduled for April 25, 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 ...