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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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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 ...