The Bank of Punjab Aims for December Coupon on Perpetual Tier-I TFC

Karachi: The Bank of Punjab’s perpetual Tier-I Term Finance Certificate (TFC), denoted by BOPTFC2, holds a profit rate of 6M KIBOR+2.00%. With a market lot value of PKR 100,000, the TFC has a total issue size of PKR 8,017,500,000, which remains fully outstanding. The bank is set to make its next coupon payment to investors on 20-Dec-2023.

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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 ...