Corporate DisclosureNCCBANK
NCCBANK Corporate Disclosure — 1 December 2020
Announcement summary
- What happened
- NCCBANK published a corporate disclosure on 1 December 2020. Read the full announcement for details.
- Company
- National Credit and Commerce Bank PLC.
- Announcement published
Original announcement
(Continuation news of NCCBANK): determined rate 4.50% and stays for three consecutive quarter then the shortfall amount to maintain the required consolidated CET-1 capital of 4.50%, will have to be converted into the Common Equity Capital of the Bank. Set of Trigger Point loss absorption: If the Bank's consolidated CET-1 below Bangladesh Bank requirement (currently 4.50%) and (cont. 2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055001
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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