Corporate DisclosureMERCANBANK
MERCANBANK Corporate Disclosure — 22 May 2018
Announcement summary
- What happened
- MERCANBANK published a corporate disclosure on 22 May 2018. Read the full announcement for details.
- Company
- Mercantile Bank PLC.
- Announcement published
Original announcement
Referring to their earlier news disseminated on 17.08.2017 the Company has further informed that BSEC has accorded consent under the provision of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012 for issuance of 7 years Floating Rate, Non-Convertible, Unsecured and Fully Redeemable Subordinated Bond (Mercantile Bank 2nd Subordinated Bond) of total amount of Tk. 300.00 crore through Private Placement to increase Capital Requirement under Tier-II category of Basel-III.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acef05a6b00004005ca26
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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