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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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...