RegulatoryABBANK
Brokers Asked to Suspend Margin Loans for ABBANK Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of ABBANK shares.
- Company
- AB Bank PLC.
- Announcement published
Original announcement
(ABBANK Cont.): Interest rate of the said bonds is 20-years Treasury-Bond rate plus 2.0% margin p.a. with a coupon floor rate of 6% p.a. and coupon ceiling rate of 10.0% p.a. The consent has been accorded subject to the compliance of relevant laws and regulatory requirements. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 619db41403147376ea3ca5a0
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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