Corporate DisclosureCITYBANK
CITYBANK Corporate Disclosure — 7 June 2016
Announcement summary
- What happened
- CITYBANK published a corporate disclosure on 7 June 2016. Read the full announcement for details.
- Company
- City Bank PLC.
- Announcement published
Original announcement
(continuation news of CITYBANK): out of total 35,716,831 shares of IDLC Finance Ltd. The Board further approved conversion of Tk. 100.00 crore loan, availed by the Bank's Subsidiary, City Brokerage Ltd. into its capital subject to obtaining approval of Bangladesh Bank, BSEC and Regulatory Authorities. In addition to the above, Board also approved investment in the Subsidiaries capital of Tk. 360.00 crore for enhancement of subsidiaries equity portfolio.(cont. 2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf2d5a6b000040061c3a
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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