Bank Alfalah Limited Sets Perpetual Debt Terms

Karachi (PPI Bot): Bank Alfalah Limited has issued a perpetual Tier-I Term Finance Certificate, BAFLTFC8, with a market lot of 1 and a nominal value of 5,000 PKR. The profit rate is based on 6M KIBOR + 2.00%. The bank has issued and reported an outstanding principal of 7,000,000,000 PKR for this security. Investors should expect the next coupon on 21-Dec-2023.

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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 ...