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.