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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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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...