Corporate DisclosureALARABANK
ALARABANK Corporate Disclosure — 10 April 2018
Announcement summary
- What happened
- ALARABANK published a corporate disclosure on 10 April 2018. Read the full announcement for details.
- Company
- Al-Arafah Islami Bank PLC.
- Announcement published
Original announcement
The Company has informed that the Board of Directors has decided to issue Mudaraba Subordinated Bond (7 Years Redeemable) for Tk. 500.00 crore to strengthen Tier II Capital of the Company as per requirement under Basel III in the name and style "AIBL 2nd Mudaraba Subordinated Bond" through Private Placement, subject to approval of the Regulatory Authorities.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acef05a6b00004005d114
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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