Karachi: JS Bank Limited has officially announced the payment of profit on its debt securities, specifically targeting the TFC holders of JSBLTFC-III, with the issue date of December 31, 2018, and bearing the symbol JSBLTFC2. This announcement comes as a compliance measure with the requirements outlined in paragraph 5C.8(xii)(b) of the Pakistan Stock Exchange (PSX) Regulations. The bank has provided a detailed statement regarding these payments, as of December 31, 2024.

As per the statement, the principal outstanding on the debt securities of JSBLTFC-III is recorded at 2.50 billion rupees. The profit paid up to December 31, 2024, amounts to 2.73 billion rupees. These figures highlight the bank’s commitment to maintaining transparency and meeting its financial obligations towards its debt security holders.

According to information available from the Pakistan Stock Exchange (PSX), JS Bank Limited has adhered to the stipulated guidelines, ensuring that the profit payments align with regulatory requirements. The compliance with PSX regulations underscores the bank’s dedication to operating within the legal frameworks governing financial transactions and securities.

The announcement reflects JS Bank Limited’s ongoing efforts to sustain investor confidence and uphold its reputation in the designated market category. By fulfilling its financial commitments, the bank continues to demonstrate its robust financial management and strategic foresight in handling its debt obligations.