Corporate DisclosureSIBL

SIBL Corporate Disclosure — 29 December 2019

Published
Last verified by BullBD

Announcement summary

What happened
SIBL published a corporate disclosure on 29 December 2019. Read the full announcement for details.
Company
Social Islami Bank PLC.
Announcement published

Original announcement

The Company has informed that the Board of Directors has decided to raise Tk. 500.00 crore through Issuance of Mudaraba Perpetual Bonds as Additional Tier- 1 (AT - 1) Capital to support the bank 's Basel ? III compliance in line with Bangladesh Bank Guidelines on Risk Bases Capital Adequacy dated December 2014, subject to approval from concerned authorities and complying with regulatory requirements.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b000040057d7f
Original publication
Last verified by BullBD
Translation
BullBD
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