Habib Bank Limited Announces Perpetual TFC with KIBOR Plus Margin

Karachi: Habib Bank Limited has issued a perpetual TFC, HBLTFC2, with a market lot of Rs. 100,000. This instrument carries a profit rate based on the 3M KIBOR + 1.6%. The total issue size is a substantial Rs. 12,374,000,000, with the same amount outstanding. The next coupon will be distributed on 26-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 ...