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Bank Al Habib Limited Offers Perpetual Tier-I Debt Instrument

Karachi: Bank Al Habib Limited has offered a perpetual Tier-I debt instrument, providing investors with a profit rate of 6-month KIBOR plus 1.65%. The market lot is 1 with a face value of Rs. 5,000. The total issue size is significant at Rs. 7,000,000,000, all of which remains outstanding. The next coupon payment is expected on 25 April 2024.

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Dar Discusses Regional Developments with Foreign Ministers of Singapore and Indonesia

Islamabad: Deputy Prime Minister and Foreign Minister Ishaq Dar interacted with Foreign Minister of Singapore, Dr. Vivian Balakrishnan, and Foreign Minister of Indonesia, Sugiono, ahead of the plenary session of the ASEAN Regional Forum Ministerial Me...