Bank Al Habib Limited Locks in 10-Year Debt Financing

Karachi (PPI Bot): Bank Al Habib Limited has announced its Tier-II TFC, BAHLTFC10, which is set for a 10-year term. With a market lot value of 5,000 PKR, the profit rate is fixed at 6M KIBOR + 1.35%. The total issue size stands at 7,000,000,000 PKR, mirroring the outstanding principal. The next coupon is anticipated on 23-Dec-2023.

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PM Expands Fuel Relief Scheme to Include Older Motorcycles and Rickshaws

Islamabad: Prime Minister Shehbaz Sharif has issued a special directive to immediately include 20-year-old model motorcycles, rickshaws, and Qingqi rickshaws in the fuel relief scheme. According to Radio Pakistan, Shehbaz Sharif issued these directi...