Summit Bank Limited Announces Seven-Year TFC with Competitive Interest Rate

Karachi, (PPI Bot): Summit Bank Limited has brought to market a Term Finance Certificate, SMBLTFC, with a seven-year tenor. The issue size is PKR 1.5 billion, nearly matching the outstanding principal of PKR 1.4955 billion. The profit rate is attractive at 6M KIBOR+3.25%. The details of the next coupon payment are not specified.

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Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

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