Karachi: Soneri Bank Limited has announced that the Register of Term Finance Certificate (TFC) Holders will be closed from May 23, 2025, to June 6, 2025, to determine the thirteenth profit payment on its Additional Tier-I Capital certificates. The payment, which is made semiannually, is scheduled for June 6, 2025, and will be credited digitally into the bank accounts of TFC holders listed on the Register as of the close of business on May 22, 2025.

Transfers received by THK Associates (Pvt.) Limited, the Registrar and Share Transfer Agent, located at Plot No. 32-C, Jami Commercial Street 2, DHA, Phase 7, Karachi, by the closing of business on May 22, 2025, will be considered timely for profit entitlement. The bank's instrument rating remains unchanged at A ("Single A"), as confirmed by PACRA in December 2024.

According to information available from the Pakistan Stock Exchange (PSX), the notice for the thirteenth profit payment will be published in the Business Recorder and Nawa-e-Waqt on May 6, 2025, in compliance with PSX regulation No. 5.6.9. This notification comes as part of Soneri Bank's adherence to regulatory requirements for profit distribution.

TFC holders are required to provide valid International Bank Account Numbers (IBAN) for digital payments, in accordance with regulatory instructions. Holders using Central Depository Company (CDC) investor account services must submit their IBAN details to their brokers, while those holding physical certificates must provide their bank mandate details to the Bank's Share Registrar. The necessary form for updating bank mandate details can be downloaded from the bank's website.

The market category designated for this transaction reflects the bank's commitment to efficient and transparent financial operations. TFC holders are also encouraged to update their IBAN details and notify any address changes promptly to ensure the smooth processing of payments.