Corporate DisclosureNCCBANK

NCCBANK Corporate Disclosure — 12 May 2016

Published
Last verified by BullBD

Announcement summary

What happened
NCCBANK published a corporate disclosure on 12 May 2016. Read the full announcement for details.
Company
National Credit And Commerce Bank PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors has decided to issue NCC Bank 7 years Non-convertible, Redeemable Subordinated Bond for Tk. 400.00 crore only for raising fund to have regulatory capital support under Tier-2 category of Basel III, subject to approval of the Bangladesh Bank and Bangladesh Securities and Exchange Commission (BSEC).

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acf2d5a6b000040061efc
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

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.