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U Microfinance Bank Limited Issues TFC to Expand Financial Base

Karachi, U Microfinance Bank Limited has announced a new four-year TFC, “UMBLTFC1,” with a total and outstanding issue size of Rs. 3.5 billion. With a market lot of 1 and a face value of Rs. 100,000, the bank sets the next coupon date for December 23, 2023. This issuance represents the bank’s initiative to broaden its capital resources through debt instruments.

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Dar Discusses Regional Developments with Foreign Ministers of Singapore and Indonesia

Islamabad: Deputy Prime Minister and Foreign Minister Ishaq Dar interacted with Foreign Minister of Singapore, Dr. Vivian Balakrishnan, and Foreign Minister of Indonesia, Sugiono, ahead of the plenary session of the ASEAN Regional Forum Ministerial Me...