Habib Bank Limited Sustains Market with Perpetual Debt Offering

Karachi: Habib Bank Limited has sustained its market presence with a perpetual debt offering. The Tier-I TFC, with a market lot of 1 and a face value of Rs. 100,000, comes with a profit rate based on 3-month KIBOR plus 1.6%. The total issue size stands at Rs. 12,374,000,000, all of which is outstanding. The next coupon payment is scheduled for 26 December 2023.

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President Zardari Extends Felicitations to South Korea on National Liberation Day

Islamabad: President Asif Ali Zardari has extended felicitations to the President of the Republic of Korea, Lee Jae Myung, the Government and its people on their National Liberation Day. In his letter, the President highlighted that Pakistan attaches ...