Samba Bank Limited Introduces 10-Year Tier-II TFC with 6M KIBOR+1.35% Rate

Karachi,Samba Bank Limited has rolled out a 10-Year Tier-II TFC, termed SBLTFC, featuring a profit rate pegged at 6M KIBOR plus 1.35%. The total issue size is Rs. 5,000,000,000, and the outstanding principal amounts to Rs. 4,997,000,000. The next coupon date is marked for 01-Mar-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 ...