Bank Al Habib Limited Releases Tier-II TFC

Karachi, Bank Al Habib Limited has issued a “TFC (Tier-II)” (BAHLTFC10) with a market lot of 1 and face value of Rs. 5,000. This ten-year tenor security features a profit rate of “6M KIBOR +1.35%”, covering a total issue size and outstanding principal of Rs. 7,000,000,000. The next coupon date is 23-Dec-2023.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...