Soneri Bank Limited Announces 10-Year TFC

Karachi: Soneri Bank Limited has announced the release of a 10-year TFC, under the symbol SNBLTFC4, with a market lot of one and a face value of PKR 100,000. The profit rate is associated with the 6-month KIBOR plus 1.7%. The TFC’s total issue and outstanding principal amounts are both PKR 4,000,000,000. The next coupon payment is expected on 26th December 2023.

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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 ...