Corporate DisclosureMERCANBANK
MERCANBANK Corporate Disclosure — 15 October 2020
Announcement summary
- What happened
- MERCANBANK published a corporate disclosure on 15 October 2020. Read the full announcement for details.
- Company
- Mercantile Bank PLC.
- Announcement published
Original announcement
The Company has informed that the Board of Directors has decided to issue Perpetual Bond up to BDT 700.00 Crore as Additional Tier- 1(AT-1) capital to support Bank's Basel III compliance in line with Bangladesh Bank Guidelines on Risk Based Capital Adequacy dated December 2014 subject to approval from concerned regulatory authorities and complying with regular requirements.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055df5
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from MERCANBANK
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.