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Samba Bank Limited Lists Ten-Year Tier-II Term Finance Certificate

Karachi: Samba Bank Limited has listed a ten-year Tier-II Term Finance Certificate (TFC), with a profit rate of 6-month KIBOR plus 1.35%. The market lot is set at 1 with a face value of Rs. 100,000. The total issue size is Rs. 5,000,000,000, with Rs. 4,997,000,000 outstanding. The next coupon payment is anticipated on 01 March 2024.

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Pakistan Condemns Demolition of Century-Old Mosque in Saharanpur

Islamabad: Pakistan has strongly condemned the demolition of the century-old mosque in Saharanpur, India. Responding to media queries regarding reports of this incident, Foreign Office Spokesperson Sajjad Haider Khan stated that this action against a...