Corporate DisclosureDUTCHBANGL

DUTCHBANGL Corporate Disclosure — 28 December 2017

Published
Last verified by BullBD

Announcement summary

What happened
DUTCHBANGL published a corporate disclosure on 28 December 2017. 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 2nd 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
616acef05a6b00004005db69
Original publication
Last verified by BullBD
Translation
BullBD
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