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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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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...