Karachi, Bank Alfalah Limited (BAFLTFC8) has successfully raised Rs. 7 billion by issuing Tier-I Term Finance Certificates (TFCs). Each certificate, with a face value of Rs. 5,000, is perpetual and is expected to have a significant impact on the bank's capital structure. The next coupon payment for these securities is scheduled for 21-Dec-2023, marking an essential milestone for the bank's financial outlook.