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

Pakistan's Bank Alfalah raises 7B rupees in debt

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Banking Essentials Newsletter: October Edition


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.