BPI Family raises
(PDEx) the market could expect more issuance from the bank. "You are going to see more of this.
At the bank, we want to continue very much to grow and conserve our business which we are in charge of in the
"Amongst the many we've seen, this transaction in my mind stands out," Consing, who is also president and CEO of BPI, said. The thrift bank attributed the success of the fund raising activity to the robust demand from both institutional investors as well as retail clients.
Proceeds from the issuance will support BFSB's drive to diversify its investor base and fund its asset expansion, particularly loan growth, digitalization initiatives, and general corporate purposes. BFSB president
"We were aiming to raise
There was not only sufficient liquidity in the market but also demand for two and a half year tenor instrument," Go said. The bonds were priced at 4.
3 percent per annum last
© Pakistan Press International, source