Bank Alfalah Limited Invests in Perpetual Debt with TFC Issue

Karachi, Bank Alfalah Limited has introduced a new perpetual Tier-I TFC, “BAFLTFC8,” to the market. This debt instrument has an issue size of Rs. 7 billion, which remains fully outstanding. The next coupon date is set for December 21, 2023, and the TFC is listed with a market lot of 1 and a face value of Rs. 5,000, marking the bank’s continued investment in perpetual debt options.

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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 ...