Soneri Bank Limited Lists Perpetual TFC with Above-Market Profit Rate

Karachi, (PPI Bot): Soneri Bank Limited has released a Tier-I Term Finance Certificate (TFC), SNBLTFC3, with a perpetual tenor. It commands a market lot of one and a face value of PKR 5,000. The total issue size and outstanding principal both stand at PKR 4 billion. The profit rate is pegged to 6M KIBOR+2.00%, and the next coupon date is set for 06-12-2023.

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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 ...