Habib Bank Limited Taps into Perpetual Debt with TFC

Karachi, Habib Bank Limited, a leading financial institution, has successfully placed a perpetual Tier-I TFC, HBLTFC2, on the market. The TFC, with a total issue size of Rs. 12.374 billion, which is fully outstanding, indicates the bank’s utilization of long-term debt instruments. The security is slated for its next coupon payment on December 26, 2023, reflecting the bank’s ongoing engagement with investors in the debt market.

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Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

Karachi: Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a fisheries and aquaculture research centre at the Korangi Fish Harbour Authority in Karachi. According to Radio Pakistan, the Minister stated ...