Corporate DisclosureMTB

MTB Corporate Disclosure — 29 October 2020

Published
Last verified by BullBD

Announcement summary

What happened
MTB published a corporate disclosure on 29 October 2020. Read the full announcement for details.
Company
Mutual Trust Bank PLC
Announcement published

Original announcement

Continuation of MTB): i.e., if the bank's consolidated CET-I ratio falls and remain below 4.50% for consecutive 03 (Three) quarters, then at the end date of the 3rd quarter would be treated as the "Trigger point" or "Trigger date". If the "Trigger point" or Trigger date" occurs, then the shortfall amount to maintain the required consolidated CET-I capital of 4.5%, would be subject to conversion into common equity shares. (cont. 2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b00004005598a
Original publication
Last verified by BullBD
Translation
BullBD
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