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Soneri Bank Limited Secures Decade-Long Funding with Tier-II TFC

Karachi, (PPI Bot): Soneri Bank Limited has secured a decade-long funding source with a Tier-II TFC, SNBLTFC4. The certificate has a face value of PKR 100,000 and carries a profit rate of 6M KIBOR+1.7%. The issue size stands at PKR 4 billion, which is also the total outstanding principal. The bank is preparing for the next coupon date on 26-Dec-2023.

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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...