Corporate DisclosureDUTCHBANGL
DUTCHBANGL Corporate Disclosure — 24 February 2020
Announcement summary
- What happened
- DUTCHBANGL published a corporate disclosure on 24 February 2020. Read the full announcement for details.
- Company
- Dutch-Bangla Bank PLC.
- Announcement published
Original announcement
The Company has informed that the Board of Directors of the Company, among others, has approved the issuance of 3rd Subordinated Bond, subject to the approval of the BSEC and Bangladesh Bank. Some features of the Bond are: Issuer: Dutch-Bangla Bank Limited (DBBL), Issue Size: Tk. 5,000.00 million. Objective: Increasing the Tier 2 Capital to meet the capital requirement under Basel III and to strengthen the regulatory capital base of the Bank, (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b0000400575d9
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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