Corporate DisclosureMERCANBANK
MERCANBANK Corporate Disclosure — 17 June 2021
Announcement summary
- What happened
- MERCANBANK published a corporate disclosure on 17 June 2021. Read the full announcement for details.
- Company
- Mercantile Bank PLC.
- Announcement published
Original announcement
(Continuation news of MERCANBANK): Tk. 630.00 crore (90%) through Private Placement and Tk. 70.00 crore (10%) through Public Offer instead of previously decided 100% private placement of Tk. 700.00 crore, Contingent-Convertible BASEL III compliant Mercantile Bank Perpetual Bond as part of Additional Tier- I Capital subject to the approval from Regulatory Authorities as well as approval of the Shareholders of the Company. (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b000040053333
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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