Corporate DisclosureBANKASIA
BANKASIA Corporate Disclosure — 16 May 2021
Announcement summary
- What happened
- BANKASIA published a corporate disclosure on 16 May 2021. Read the full announcement for details.
- Company
- Bank Asia PLC.
- Announcement published
Original announcement
The Company has informed that the Board of Directors has decided to raise BDT 500.00 crore through issuance of Perpetual Bond as Additional Tire-1 Capital through private placement, to support the bank's BASEL-III compliance in line with Bangladesh Bank Guidelines on Risk Based Capital Adequacy, subject to the approval of the approval from concern authorities and complying with regulatory requirements.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b0000400538b6
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from BANKASIA
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.