Samba Bank Limited Issues 5 Billion Rupees TFC Tier-II

Karachi, Samba Bank Limited has successfully raised 5 billion rupees through a privately placed debt security, “TFC (Tier-II),” symbol SBLTFC, with a market lot of 1 and a face value of 100,000 rupees. The tenor for this issue is 10 years, with the next coupon date scheduled 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 ...