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U Microfinance Bank Limited Issues Rs. 3.5 Billion TFC

Karachi, U Microfinance Bank Limited has issued Term Finance Certificates (UMB LTFC 1) valued at Rs. 3,500,000,000. These certificates have a tenure of 4 years and a market lot size of one, with a face value of Rs. 100,000. The TFCs carry a profit rate of “6M KIBOR + 1.35%”, and the next coupon date is slated for “23-Dec-2023”.

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Norwegian Foreign Minister Engages in Talks with Pakistani Deputy Prime Minister

Islamabad: Norwegian Foreign Minister Espen Barth Eide has arrived at the foreign office in Islamabad for discussions with Deputy Prime Minister Ishaq Dar. Upon his arrival, he was warmly received by the Deputy Prime Minister. According to Radio Pak...