Bank Al Habib Limited Enhances Long-Term Capital with Tier-II TFC

Karachi, Bank Al Habib Limited has introduced a Tier-II TFC, “BAHLTFC10,” with a ten-year term to the financial market. With a total issue size of Rs. 7 billion, the same amount is outstanding. The bank has set the next coupon date for December 23, 2023, with each TFC holding a market lot of 1 and a face value of Rs. 5,000, indicating its proactive approach in securing long-term funding.

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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 ...