JS Bank secures Rs4bn through TFC issue

MG News | July 13, 2026 at 04:25 PM GMT+05:00

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July 13, 2026 (MLN): JS Bank Limited (PSX: JSBL) has successfully issued Rated, Privately Placed, Unsecured and Subordinated debt instruments in the nature of Tier-2 capital as Term Finance Certificates (TFCs) to institutional investors for an aggregate amount of Rs4bn.

The bank, in a notice to the Pakistan Stock Exchange (PSX), said the issuance was completed pursuant to the approval received from the State Bank of Pakistan and the execution of the related transaction documents.

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