Corporate DisclosureDUTCHBANGL
DUTCHBANGL Corporate Disclosure — 24 September 2020
Announcement summary
- What happened
- DUTCHBANGL published a corporate disclosure on 24 September 2020. Read the full announcement for details.
- Company
- Dutch-Bangla Bank PLC.
- Announcement published
Original announcement
The Company has informed the BSEC has accorded its consent for issuance of Floating Rate Non-Convertible Subordinate Bond of Tk. 5,000 (five thousand) million only under private placement as per provisions of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012.The purpose of this proposed issue (Bond) is to increase the Tier 2 capital to meet capital requirement under Basel III and to strengthen the regulatory capital base of the Bank
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056101
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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