Karachi, Bank Alfalah Limited has maintained its strong market position through the issuance of perpetual securities under the symbol BAFLTFC6. With a total issue size of Rs. 7 billion, which is fully outstanding, the securities carry a profit rate of 6M KIBOR+1.5%. According to information available from the Pakistan Stock Exchange (PSX), the next coupon payment is scheduled for September 26, 2024. This reflects the bank’s robust financial structure and its strategic approach to funding and growth.
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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance
Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...
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