Summit Bank Limited’s TFC: Profit Rate of 6M KIBOR + 3.25%

Karachi: Summit Bank Limited’s TFC, with a face value of Rs. 5,000 per Mkt. Lot and a tenor of 7 years, offers a profit rate of “6M KIBOR + 3.25%”. The total issue size for this security is Rs. 1,500,000,000, with an outstanding principal of Rs. 1,495,500,000. Additional information about the next coupon date is not available.

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President Zardari Extends Felicitations to South Korea on National Liberation Day

Islamabad: President Asif Ali Zardari has extended felicitations to the President of the Republic of Korea, Lee Jae Myung, the Government and its people on their National Liberation Day. In his letter, the President highlighted that Pakistan attaches ...