The Bank of Punjab Strengthens Capital Structure with Perpetual TFC

Karachi, The Bank of Punjab has issued a perpetual Tier-I TFC, “BOPTFC2,” as a part of its capital enhancement strategy. The TFC carries a total issue size of Rs. 8.0175 billion, fully outstanding, and is due for its next coupon on December 20, 2023. The TFC is issued with a market lot of 1 and a face value of Rs. 100,000, signifying the bank’s commitment to perpetual financing.

Check Also

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 ...