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Karachi: Samba Bank Limited has introduced a 10-year Tier-II TFC to investors, with a face value of Rs. 100,000. The TFC will generate returns at a rate of 6-month KIBOR plus 1.35%. A total of Rs. 5,000,000,000 has been raised through this issuance. Holders of this TFC can expect the next payment on 1 March 2024.
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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 ...