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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Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

Karachi: Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a fisheries and aquaculture research centre at the Korangi Fish Harbour Authority in Karachi. According to Radio Pakistan, the Minister stated ...