Bank Al Habib Limited Announces Perpetual Tier-I TFC

Karachi, Bank Al Habib Limited has introduced a perpetual Tier-I TFC, BAHLTFC9, with a market lot of 1 and a face value of PKR 5,000. The TFC has a profit rate based on 6M KIBOR+1.65%, indicative of the bank’s perpetual financial planning. With an issue size of PKR 7,000,000,000, the bank has assured the entire amount as the outstanding principal, with the next coupon slated for 25-Apr-2024.

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GB CM Directs Officials to Resolve Public Complaints on Priority

Gilgit: Gilgit-Baltistan Chief Minister Amjad Hussain has directed the concerned authorities to resolve the problems of the people on a priority basis. He made this announcement while addressing an open court in Gilgit. According to Radio Pakistan, ...