Corporate DisclosureSIBL
SIBL Corporate Disclosure — 1 November 2020
Announcement summary
- What happened
- SIBL published a corporate disclosure on 1 November 2020. Read the full announcement for details.
- Company
- Social Islami Bank PLC.
- Announcement published
Original announcement
Refer to their earlier news disseminated by DSE on 29.12.2019 regarding Decision to Issuance of Mudaraba Perpetual Bond of BDT 500.00 crore, the Company has further informed that conversion of Perpetual Bond for BDT 500.00 crore into Common Equity if the bank's consolidated CET-1 falls below Bangladesh Bank requirement of 4.50% and stays below the level for three successive quarters. In this connection, the following decision has taken: The Board unanimously approved the conditional feature of (cont. 1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040055874
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from SIBL
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.