Karachi: Soneri Bank Limited has announced a scheduled closure of the Register of TFC Holders from June 12, 2026, to June 26, 2026, as part of its mandate to determine the seventh profit payment on its Term Finance Certificates (TFC-III). The board of directors resolved this action to facilitate the semiannual profit distribution on the outstanding principal amount of TFC-III, with payments set to be made exclusively through digital means.
According to information available from the Pakistan Stock Exchange (PSX), the bank’s decision aligns with the regulatory requirements, ensuring that profits are credited directly into the bank accounts of eligible TFC holders. Eligibility is determined by the names listed in the Register at the close of business on June 11, 2026. Transfers processed by THK Associates (Pvt.) Limited, located at Plot No. 32-C, Jami Commercial Street 2, DHA, Phase 7, Karachi, by June 11, 2026, will qualify for the profit entitlement.
As of now, there is no change in the instrument rating of Soneri Bank’s TFC-III, which retains an A+ rating with a stable outlook as confirmed by PACRA in its recent report. The bank has adhered to the regulations set forth by the PSX Rule Book, with a notice to TFC holders scheduled for publication in the Business Recorder and Nawa-e-Waqt on May 19, 2026.
The designated market category for these financial activities remains focused on the compliance and regulatory framework governing financial instruments and their market operations.