AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
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.
Check Also
Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim
New york: Pakistan stands ready to work with Africa and all partners for a just, democratic, and representative Security Council, truly reflective of the Charter's promise and responsive to the realities of our time. This was stated by the Permanent R...