Corporate DisclosureJAMUNABANK

JAMUNABANK Corporate Disclosure — 11 May 2021

Published
Last verified by BullBD

Announcement summary

What happened
JAMUNABANK published a corporate disclosure on 11 May 2021. Read the full announcement for details.
Company
Jamuna Bank PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors has decided to raise capital through issuance of Non-Convertible Coupon Bearing Subordinated Redeemable Bond (4th phase) amounting to BDT 5,000.00 million as part of the Tier-II of Revised Regulatory Capital Framework for banks in line with Basel-III through Private Placement subject to approval from the concerned Regulatory Authorities. The purpose of the proposed bond is to strengthen the capital base of the Bank.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040053933
Original publication
Last verified by BullBD
Translation
BullBD
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