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Habib Bank Limited Introduces Perpetual Tier-I TFC

Karachi, Habib Bank Limited has listed a perpetual Tier-I Term Finance Certificate, HB LTFC 3, with an issue size of Rs. 6,500,000,000. These certificates have a face value of Rs. 100,000 and offer a profit rate of “3M KIBOR + 2.00%”. The bank anticipates the next coupon payment on “28-Dec-2023”.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...