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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Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

Karachi: Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a fisheries and aquaculture research centre at the Korangi Fish Harbour Authority in Karachi. According to Radio Pakistan, the Minister stated ...