Corporate DisclosureBANKASIA

BANKASIA Corporate Disclosure — 25 February 2016

Published
Last verified by BullBD

Announcement summary

What happened
BANKASIA published a corporate disclosure on 25 February 2016. Read the full announcement for details.
Company
Bank Asia PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors has approved the issuance of Bank Asia 7 Year Floating Rate Non-Convertible Subordinated Bond with an issue price of Tk. 500.00 crore to raise regulatory capital (Tier 2) of the Company as per BASEL III norms, subject to approval from the Bangladesh Bank and the BSEC.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b000040062877
Original publication
Last verified by BullBD
Translation
BullBD
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