Corporate DisclosureMERCANBANK
MERCANBANK Corporate Disclosure — 17 August 2017
Announcement summary
- What happened
- MERCANBANK published a corporate disclosure on 17 August 2017. 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 fully redeemable Non-Convertible 7 years Floating Rated Subordinated Bond (Mercantile Bank 2nd Subordinated Bond) of Tk. 300.00 crore to meet capital requirement under Basel-III subject to approval from the concerned Regulatory Authorities. (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004005ed93
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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