Karachi: Askari Bank Limited's Term Finance Certificates (TFCs), labeled as AKBLTFC7, are set to be delisted from the Pakistan Stock Exchange (PSX) starting November 25, 2025. This development follows the early redemption of the entire principal outstanding and the payment of accrued profit associated with the TFCs.

According to information available from the Pakistan Stock Exchange (PSX), the decision to delist these financial instruments comes after Askari Bank confirmed the completion of the redemption process. The bank's confirmation was supported by an auditor's certificate, as detailed in a letter dated October 6, 2025.

The delisting process is in alignment with the provisions outlined in Notice No. PSX/N-931, initially issued on August 29, 2025. This notice provided the framework for the delisting following the fulfillment of the necessary financial obligations by Askari Bank Limited. The market category designated for this transaction remains unchanged.

The early redemption marks a significant move in the financial strategy of Askari Bank Limited, reflecting a proactive approach in managing its financial instruments. The delisting will take place on Tuesday, November 25, 2025, effectively removing the TFCs from the trading platform.