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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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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...