Bank Al Habib Limited Publicizes Perpetual TFC Tier-I Security

Karachi: Bank Al Habib Limited has disclosed its TFC Tier-I security, termed BAHLTFC9. With a face value of Rs. 5,000, this perpetual security offers a profit rate grounded on 6M KIBOR + 1.65%. The total issue size is recorded at Rs. 7,000,000,000, mirroring its outstanding principal. Stakeholders should mark their calendars for the next coupon date, set for 25-Apr-2024.

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President Gives Assent to OGRA Amendment Ordinance 2026

Islamabad: President Asif Ali Zardari has given assent to the Oil and Gas Regulatory Authority (OGRA) Amendment Ordinance 2026. The President, on the advice of the Prime Minister, issued an ordinance related to the amendments in clause 2 and 3 of the ...