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Summit Bank Limited Introduces Seven-Year TFC at 6M KIBOR+3.25% Profit Rate

Karachi: Summit Bank Limited has announced its new TFC, SMBLTFC, which has a face value of 5,000 and a tenor lasting seven years. The profit rate is fixed at 6M KIBOR+3.25%. The total issue size stands at Rs. 1,500,000,000, with an outstanding principal of Rs. 1,495,500,000.

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CM Punjab Inaugurates Provincial Intelligence Fusion and Threat Assessment Center in Lahore

Lahore: Punjab Chief Minister Maryam Nawaz inaugurated the Provincial Intelligence Fusion and Threat Assessment Center and AI Hub in Lahore today. Speaking on the occasion, she highlighted the significant role the Centre will play in enhancing the pro...