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Samba Bank Limited Offers Tier-II TFC with KIBOR Plus Rate; Next Payment Due March 2024

Karachi: Samba Bank Limited has issued a 10-year Tier-II TFC with a profit rate set to the 6-month KIBOR plus 1.35%. The total size of the TFC is PKR 5 billion, with PKR 4.997 billion currently outstanding. Investors are looking forward to the next coupon date on 01st 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...