JS Bank successfully lists Rs 2.5 Billion Term Finance Certificate

MG News | July 15, 2019 at 06:02 PM GMT+05:00

0:00

July 15, 2019: JS Bank’s first Perpetual Term Finance Certificate (TFC), which was fully subscribed in less than 4 weeks with a volume of Rs. 2.5 Billion, has been successfully listed on the Pakistan Stock Exchange (PSX).

“The successful listing of our first TFC in a very short period of time is indicative of the industry’s confidence in JS Bank’s potential and future outlook.” said Basir Shamsie, President and CEO, JS Bank.

“By issuing this instrument, we will be able to continue our successful journey as one of the fastest growing banks in Pakistan.”

Recognizing its role as a catalyst for the economy and the prosperity of the people of Pakistan, JS Bank aspires to continue this journey of impact by providing a variety of conventional and digital financial solutions in the years to come.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	161,631.73 408.94M	3.13% 4898.86
ALLSHR	98,254.73 951.34M	2.71% 2590.07
KSE30	49,377.29 213.50M	3.40% 1624.91
KMI30	232,700.28 121.13M	2.88% 6525.03
KMIALLSHR	64,179.60 399.93M	2.39% 1496.52
BKTi	46,334.17 105.09M	5.56% 2441.42
OGTi	31,362.73 10.58M	1.56% 482.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,225.00	111,290.00 109,915.00	-95.00 -0.09%
BRENT CRUDE	65.07	65.26 64.94	0.30 0.46%
RICHARDS BAY COAL MONTHLY	86.00	86.00 86.00	-1.90 -2.16%
ROTTERDAM COAL MONTHLY	96.50	99.00 96.50	-2.70 -2.72%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	61.26	61.48 61.13	0.28 0.46%
SUGAR #11 WORLD	14.42	14.49 14.20	0.14 0.98%