Several international banks, including Deutsche Bank, Standard Chartered, and Citibank, were appointed to handle Pakistan's bond and Sukuk issuances.
3 reports, 2 independent
Updated Sep 3
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What happened
Several international banks, including Deutsche Bank, Standard Chartered, and Citibank, were appointed to handle Pakistan's bond and Sukuk issuances.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Pakistan
sovereign state in South Asia
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Deutsche Bank
German global banking and financial services company
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Standard Chartered
British financial company
Related events
- The finance ministry of Pakistan has initiated a managed international bond issuance program.
- JS Bank operates in Pakistan through various initiatives, including a flagship initiative located in Sehwan.
- Increased financial exposure is needed to support Pakistan's IMF program, which requires assurances from various international partners, including Saudi Arabia and the UAE.
- Pakistan is seeking to diversify its financing options by purchasing a stake in the New Development Bank and seeking BRICS membership to reduce dependence on the IMF.
- Pakistan faces bond release restrictions from Australia, Japan, and Canada, while also mediating a truce between Iran and the US.