Soneri Bank Limited Offers Tier-I Debt Security

Karachi: Soneri Bank Limited’s Tier-I debt security, SNBLTFC3, carries a perpetual tenure with a profit rate of 6M KIBOR+2.00%. The total issue size stands at 4 billion Rs., matching the outstanding principal, with the next coupon payment due on 06-12-2023, underscoring the bank’s perpetual debt 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 ...