Corporate DisclosureRUPALIBANK

RUPALIBANK Corporate Disclosure — 30 December 2019

Published
Last verified by BullBD

Announcement summary

What happened
RUPALIBANK published a corporate disclosure on 30 December 2019. Read the full announcement for details.
Company
Rupali Bank PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors has decided to raise fund against issuance of coupon bearing Non-Convertible Perpetual Bond of Tk. 1,000.00 crore through private placement as part of the Additional Tier-I revised Regulatory Capital Framework for bank in line with Basel-III subject to the approval from concerned Regulatory Authorities. The purpose of the proposed bond is to strengthen the capital base of the Company.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040057d49
Original publication
Last verified by BullBD
Translation
BullBD
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