Karachi: JS Bank Limited has issued a statement concerning the payment of profit and the repayment of the principal amount on its debt securities, specifically the JSBLTFC-IV series, with the symbol JSBLTFC3. These actions are in accordance with the Pakistan Stock Exchange (PSX) regulations, paragraph 5C.8(xii)(b), and pertain to the transactions as of December 28, 2024.

The statement reveals that as part of the compliance with PSX regulations, JS Bank Limited has successfully managed the financial aspects of its debt securities. As of the specified date, a principal redemption of 3.00 million rupees has been completed. This leaves a principal outstanding amount of 2.50 billion rupees, indicating substantial progress in the bank's financial obligations and showcasing its commitment to transparency and regulatory adherence.

According to information available from the Pakistan Stock Exchange (PSX), the profit paid up to December 28, 2024, amounts to 1.50 billion rupees. This significant payout highlights the bank's ability to generate and distribute profits effectively to its TFC holders. The regulated financial activities of JS Bank Limited demonstrate a robust framework within the designated market category, ensuring investor confidence and market stability.

The debt securities in question, issued on December 28, 2021, have adhered to the scheduled financial commitments, reinforcing the bank's reputation in managing its financial instruments efficiently. The announcement serves as a reassurance to investors and stakeholders of JS Bank's ongoing dedication to meeting its financial obligations in a timely manner.