Karachi: Samba Bank Limited has targeted expansion by issuing a Tier-II TFC, SBLTFC, with a ten-year term and a profit rate of 6M KIBOR+1.35%. The issue size is 5 billion Rs., with an outstanding principal just shy of that at 4.997 billion Rs. The nex...
Read More »Bank Alfalah Limited and K-Electric Limited Leverage Debt Instruments for Growth
Karachi: Bank Alfalah Limited's perpetual Tier-I TFC, BAFLTFC8, and K-Electric Limited's seven-year sukuk, KELSC6, are set to reinforce their growth. Bank Alfalah's TFC has a profit rate of 6M KIBOR+2.00%, with a 7 billion Rs. issue size and the same ...
Read More »United Bank Limited Lists Perpetual Tier-I Debt Instrument
Karachi: United Bank Limited has listed its perpetual Tier-I debt instrument, UBLTFC5, with a 3M KIBOR+1.55% profit rate. The total issue size and outstanding principal are both at 10 billion Rs. The instrument's coupon is set to be paid next on 29-01...
Read More »EFU General Insurance Ltd. Exhibits Strong Market Performance
Karachi: EFU General Insurance Ltd. (EFUG) demonstrated strong market performance in the Pakistan Stock Exchange. The company closed at PKR 87.00, with a paid-up capital of PKR 2,000.00 million as of December. EFU General Insurance declared distributi...
Read More »Shifa International Hospitals Ltd. Continues Strong Performance
Karachi: Shifa International Hospitals Ltd. announced a 2% bonus for June, alongside a 30% dividend and a 15% distribution. The share rate stands at 131.40 Rs., with a high earnings per share of 11.29 Rs. and a turnover of 13137700 shares, reflecting ...
Read More »Meezan Sovereign Fund Reports Year-End Figures
Karachi: Meezan Sovereign Fund, active in the Pakistan Stock Exchange, reported its year-end figures with an offer price of 57.18 and a redemption price of 56.54 for the financial year ending in June 2023.
Read More »NBP Government Securities Savings Fund Reflects Year-End Performance
Karachi: The NBP Government Securities Savings Fund, listed since 2014, announced an offer price of 11.46 and a redemption price of 11.33 for the year ending in June 2023. It recorded a yield of 5.75% and a return of Rs 0.5162 per unit.
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