Bank Makramah Limited to Issue Rights at Varied Rates

Karachi, Bank Makramah Limited, formerly known as Summit Bank Limited, has proposed two separate rights issues. The first rights issue will be at a rate of 65%, while the second one will be at a rate of 11.2443%. These proposed rights issues signify the bank’s strategic financial maneuvers to bolster its capital.

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Pakistan Issues $3 Billion Dual-Tranche Eurobond

Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...