Board Meeting29 Sept 2026, 05:20 pm
Punjab & Sind Bank Board approves $1B MTN Programme
AI Summary
Punjab & Sind Bank announced that its Board of Directors, in a meeting held on September 29, 2026, approved the establishment of a Medium-Term Note (MTN) Programme. This programme will allow the bank to raise foreign currency funds up to USD 1 billion through the issuance of bonds. The board meeting commenced at 2:30 p.m. and concluded at 4:30 p.m.
Key Highlights
- Board approved a Medium-Term Note (MTN) Programme.
- Programme allows raising foreign currency funds.
- Total fundraising limit is up to USD 1 billion.
- Approval was granted on September 29, 2026.
Price Impact
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