Corporate DisclosureISLAMIBANK
ISLAMIBANK Corporate Disclosure — 28 April 2021
Announcement summary
- What happened
- ISLAMIBANK published a corporate disclosure on 28 April 2021. Read the full announcement for details.
- Company
- Islami Bank Bangladesh PLC.
- Announcement published
Original announcement
The Company has informed that the Board of Directors has decided to issue of Floating rate Unsecured, Contingent Convertible on pre-specified trigger point, Coupon/profit Discretion, Subordinated, Non-Cumulative, IBBL 2nd Perpetual Mudaraba Bond BDT 8000.00 million, for inclusion in Tier 1 capital as regulatory Additional Tier 1 (AT1) Capital under Basel-III norms, through private placement subject to approval of the Regulatory Authorities as well as the approval of the Shareholders of the Company.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b000040053bcf
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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