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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Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...