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Samba Bank Limited Lists TFC on PSE

Karachi: Samba Bank Limited has announced the listing of its TFC (Tier-II) on the Pakistan Stock Exchange (PSE) under the symbol SBLTFC. The TFC has a face value of Rs. 100,000, a tenor of 10 years, and offers a profit rate of 6M KIBOR + 1.35%. The total issue size is Rs. 5,000,000,000, with an outstanding principal of Rs. 4,997,000,000. The next coupon date is scheduled for 01-Mar-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...