Corporate DisclosureONEBANKPLC

ONEBANKPLC Corporate Disclosure — 18 October 2020

Published
Last verified by BullBD

Announcement summary

What happened
ONEBANKPLC published a corporate disclosure on 18 October 2020. Read the full announcement for details.
Company
One Bank PLC
Announcement published

Original announcement

Refer to their earlier news disseminated by DSE on 06.07.2020 regarding Decision to issue Perpetual Bonds of Tk. 4000.00 million, the Company the Company has further informed that the Board of Directors has approved for conversion of Perpetual Bond (for BDT 4,000 million) into Common Equity if the Bank's consolidated CET-l falls below Bangladesh Bank's requirement of 4.50% and stays below that level for 3 (three) consecutive quarters, for the amount required to make up the shortfall. and (cont. 1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055d91
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.