United Bank Limited Lists Perpetual Tier-I Debt Instrument

Karachi: United Bank Limited has listed its perpetual Tier-I debt instrument, UBLTFC5, with a 3M KIBOR+1.55% profit rate. The total issue size and outstanding principal are both at 10 billion Rs. The instrument’s coupon is set to be paid next on 29-01-2024, signifying the bank’s ongoing financing activities.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...