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United Bank Limited Introduces Tier-I TFC

Karachi, United Bank Limited has issued “TFC (Tier-I)” (UBLTFC5) with a face value of Rs. 5,000. The profit rate for this security is defined as “3M KIBOR +1.55%”. With both its total issue size and outstanding principal amount standing at Rs. 10,000,000,000, the next coupon date is set for 29-01-2024.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...