Corporate DisclosureALARABANK

ALARABANK Corporate Disclosure — 28 June 2021

Published
Last verified by BullBD

Announcement summary

What happened
ALARABANK published a corporate disclosure on 28 June 2021. Read the full announcement for details.
Company
Al-Arafah Islami Bank PLC.
Announcement published

Original announcement

Refer to their earlier news disseminated by DSE on 30.12.2020 regarding Decision to issue Mudaraba Perpetual Bond, the Company has further informed that Board of Directors has decided to raise BDT 500.00 crore through issuance of AIBL Mudaraba Perpetual Bond for inclusion in addition Tire- 1 Capital of the Bank under Basel- III norms complying with Bangladesh Bank Guidelines on Risk Based Capital Adequacy, on private placement basis for BDT 450.00 crore (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b00004005318d
Original publication
Last verified by BullBD
Translation
BullBD
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