Summit Bank Limited’s TFC Offers High Profit Rate

Karachi, Summit Bank Limited’s TFC, symbolized as SMBLTFC, offers a high profit rate of 6M KIBOR + 3.25%. Each TFC has a face value of PKR 5,000, and the total issue size is PKR 1,500,000,000. Currently, PKR 1,495,500,000 of this amount is outstanding.

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Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...