The Bank of Punjab (BOP) has successfully raised PKR 3,000 million under a Syndicated Medium-Term Finance Facility for Orient Petroleum Inc. (OPI). A signing ceremony was held in Islamabad to mark the financial close of this transaction which was attended by OPI’s CEO, Mr. Kamran Ahmed and Mr. Umer Khan, Head of Investment Banking, BOP.
Faysal Bank collaborates with PICG for Environment Social Governance
BOP acted as the Mandated Lead Arranger, Agent Bank, Security Agent and Shariah Structuring Bank for the transaction. OPI, one of the leading oil and gas exploration companies in Pakistan, will be using this facility to undertake capital expenditure for the development of its oil and gas fields in Sindh, Punjab and Khyber Pakhtunkhwa.
- Bank Alfalah partners with KMC, IET for urban forestry project in Karachi
- ABHI Microfinance Bank Partners with Saif Group to Introduce Earned Wage Access for Employees
- Mastercard and The Bank of Punjab Expand Strategic Collaboration to Support Pakistan’s Cashless Economy and Digital Transformation
- Standard Chartered Pakistan Appoints Adil Salahuddin as CEO
- Meezan Bank Partners with LUMS to Advance Islamic Finance Education in Pakistan
- Meezan Bank and Iqra University Launch Centre of Excellence for Islamic FinTech in Karachi
