trending Market Intelligence /marketintelligence/en/news-insights/trending/qhs9pfsqordfki5h66qobw2 content esgSubNav
In This List

Pakistan's Bank Alfalah raises 7B rupees in debt

Blog

Banking Essentials Newsletter: January 11th Edition

Blog

Banking Essentials Newsletter December 21st Edition

Blog

The Road to Basel IV: Navigating the challenge facing European banks

Blog

Basel Framework- Utilizing data to analyze the capital position of European banks.


Pakistan's Bank Alfalah raises 7B rupees in debt

Pakistan-based Bank Alfalah Ltd. raised 7 billion rupees through the issuance of unsecured, subordinated and contingent convertible term finance certificates.

The bank said March 27 that the perpetual noncumulative certificates will be listed March 28.

Arif Habib Ltd. is the market maker for the issue.

As of March 27, US$1 was equivalent to 115.50 Pakistani rupees.