Corporate DisclosureONEBANKPLC

ONEBANKPLC Corporate Disclosure — 29 July 2021

Published
Last verified by BullBD

Announcement summary

What happened
ONEBANKPLC published a corporate disclosure on 29 July 2021. Read the full announcement for details.
Company
One Bank PLC
Announcement published

Original announcement

The Company has informed that the Board of Directors has decided to issue of Subordinated Bond (at floating rate) for Tire-II Capital subject to the approval of the concerned Regulatory Authorities. The details of the Bond are as follows: Issue Size: BDT 600.00 crore, Tenor: 7 years, Use of Proceeds: The proceeds will be treated as Capital and it will help the Company grow its investment and loan portfolio.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040052def
Original publication
Last verified by BullBD
Translation
BullBD
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