Corporate DisclosureFIRSTSBANK

FIRSTSBANK Corporate Disclosure — 28 September 2020

Published
Last verified by BullBD

Announcement summary

What happened
FIRSTSBANK published a corporate disclosure on 28 September 2020. Read the full announcement for details.
Company
First Security Islami Bank PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors of the Company has decided to raise BDT 600.00 crore only through issuance of Mudaraba Perpetual Bond as additional Tier-1 (AT-1) capital to support the bank's Basel-III compliance in line with Bangladesh Bank Guidelines on Risk Based Capital Adequacy dated December 2014 subject to approval of concerned authorities and complying with regulatory authorities.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056088
Original publication
Last verified by BullBD
Translation
BullBD
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