JS Bank successfully lists Rs 2.5 Billion Term Finance Certificate

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

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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.

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