Bank Al Habib Limited Schedules Next Coupon Date for Tier-I TFC

Karachi, Bank Al Habib Limited, a well-known name in Pakistan’s banking sector, has announced the next coupon date for its Tier-I TFC, BAHLTFC9. The perpetual financial instrument, which contributes significantly to the bank’s capital adequacy requirements, has a considerable issue size of Rs. 7 billion. The bank has set April 25, 2024, as the upcoming coupon date, reinforcing its commitment to meeting its financial obligations and maintaining investor confidence.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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