Corporate DisclosureALARABANK

ALARABANK Corporate Disclosure — 30 December 2020

Published
Last verified by BullBD

Announcement summary

What happened
ALARABANK published a corporate disclosure on 30 December 2020. Read the full announcement for details.
Company
Al-Arafah Islami Bank PLC.
Announcement published

Original announcement

The Company has informed that Board of Directors of AL -Arafah Islami Bank Limited has taken decision to issue Mudaraba Perpetual Bond for BDT. 500.00 Crore to strengthen Bank's Capital as requirement under Basel III in the name and style "AIBL Mudaraba Perpetual Bond" through private placement subject to approval of regulatory bodies.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054c17
Original publication
Last verified by BullBD
Translation
BullBD
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