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Bank of Punjab Completes Fourth Profit Payment to TFC Holders

Lahore, The Bank of Punjab has successfully completed its fourth round of profit payments to Term Finance Certificate (TFC) holders, specifically under the BOP ADT-I scheme. The total payment made was Rs. 939,819,812, distributed among 35 investors, According to information available from the Pakistan Stock Exchange (PSX).

Investors ranging from financial institutions to private companies and provident funds participated in this round. Notable payments include Rs. 58,610,528 each to Ismail Industries Limited, U Microfinance Bank Limited, EFU Life Assurance Limited, and Askari Bank Limited, all of which held investments of Rs. 500,000,000. Javedan Corporation Limited received the highest profit payment of Rs. 99,637,897 for an investment of Rs. 850,000,000.

Other significant participants were the CDC Trustee – Punjab Pension Fund Trust with an investment of Rs. 800,000,000, receiving a profit of Rs. 93,776,844, and Habib Bank Limited – Corporate Center with a profit payment of Rs. 41,027,369 from an investment of Rs. 350,000,000. This initiative demonstrates The Bank of Punjab’s continued commitment to its investment stakeholders through timely financial distributions.

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