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Bank Alfalah Limited Issues Perpetual Tier-I Term Finance Certificate

Karachi: Bank Alfalah Limited has issued a perpetual Tier-I Term Finance Certificate (TFC), offering a profit rate of 6-month KIBOR plus 2.00%. The market lot is 1 with a face value of Rs. 5,000. The total issue size is Rs. 7,000,000,000, which is entirely outstanding. Investors are looking forward to the next coupon date, which is set for 21 December 2023.

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Services Chiefs Reaffirm Commitment to Pakistan’s Defence

Islamabad: Chief of Army Staff and Chief of Defence Forces Field Marshal Syed Asim Munir, Chief of the Naval Staff Admiral Naveed Ashraf, and Chief of the Air Staff Air Chief Marshal Zaheer Ahmed Baber Sidhu have extended heartfelt felicitations to th...