Bank Al Habib Limited Launches Perpetual TFC with 6M KIBOR+1.65% Rate

Karachi,Bank Al Habib Limited has issued a Perpetual Tier-I TFC, denoted as BAHLTFC9. This certificate offers a profit rate of 6M KIBOR plus 1.65%. Both the total issue size and the outstanding principal stand at Rs. 7,000,000,000. The subsequent coupon date is 25-Oct-2023.

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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 ...