Corporate DisclosureBANKASIA

BANKASIA Corporate Disclosure — 18 October 2018

Published
Last verified by BullBD

Announcement summary

What happened
BANKASIA published a corporate disclosure on 18 October 2018. Read the full announcement for details.
Company
Bank Asia PLC.
Announcement published

Original announcement

The Board of Directors of the Company has approved to issue of the Company 7 years floating rate Non-Convertible Subordinated Bond with an issue price of Tk. 500.00 crore through Private Placement to raise regulatory capital (Tier 2) of the Company as per Basel III norms, subject to the approval of the Bangladesh Bank and BSEC.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005bae5
Original publication
Last verified by BullBD
Translation
BullBD
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