Corporate DisclosureIFIC

IFIC Corporate Disclosure — 20 June 2021

Published
Last verified by BullBD

Announcement summary

What happened
IFIC published a corporate disclosure on 20 June 2021. Read the full announcement for details.
Company
IFIC Bank PLC
Announcement published

Original announcement

The Company has informed that the Board of Directors of the Company has decided to raise BDT 10,000.00 million through issuance of Perpetual Bond as Additional Tier-1 Capital to support the Bank under BASEL - III norms complying with Bangladesh Bank Guidelines on Risk Based Capital Adequacy, on Private Placement basis for BDT 9,000.00 million and on Public Offer basis for BDT 1,000.00 million in line with the Directives (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b0000400532fd
Original publication
Last verified by BullBD
Translation
BullBD
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