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Karachi: Samba Bank Limited has targeted expansion by issuing a Tier-II TFC, SBLTFC, with a ten-year term and a profit rate of 6M KIBOR+1.35%. The issue size is 5 billion Rs., with an outstanding principal just shy of that at 4.997 billion Rs. The next coupon date is set for 01-Mar-2024, indicative of the bank’s long-term funding strategy.
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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 ...