Corporate DisclosureDUTCHBANGL
DUTCHBANGL Corporate Disclosure — 25 October 2020
Announcement summary
- What happened
- DUTCHBANGL published a corporate disclosure on 25 October 2020. Read the full announcement for details.
- Company
- Dutch-Bangla Bank PLC.
- Announcement published
Original announcement
(Continuation news of DUTCHBANGL): Objective: Increasing the Tier 2 Capital to meet the capital requirement under Basel III and to strengthen the regulatory capital base of the bank, Nature of the instrument: Unsecured, Non-Convertible, Subordinated Bond, Mode: Private Placement, Tenure: 7 years. The Board has also decided that any subsequent changes in the features of the Bond, if deemed necessary by the bank or required by regulatory authorities, shall be placed for approval of the BOD of Bank (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055b76
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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