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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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CM Punjab Inaugurates Provincial Intelligence Fusion and Threat Assessment Center in Lahore

Lahore: Punjab Chief Minister Maryam Nawaz inaugurated the Provincial Intelligence Fusion and Threat Assessment Center and AI Hub in Lahore today. Speaking on the occasion, she highlighted the significant role the Centre will play in enhancing the pro...