Corporate DisclosureSTANDBANKL
STANDBANKL Corporate Disclosure — 19 November 2019
Announcement summary
- What happened
- STANDBANKL published a corporate disclosure on 19 November 2019. Read the full announcement for details.
- Company
- Standard Islami Bank PLC.
- Announcement published
Original announcement
The Board of Directors of the Company has decided to raise Tk. 500.00 crore through issuance of Perpetual Bond as Additional Tier- 1 capital to comply with the Guidelines on Risk Based Capital Adequacy (Revised Regulatory Capital Framework for banks in line with Basel-III) dated December 2014 and to strengthen the capital base of the Bank as well as to support the business growth, subject to approval from concerned regulatory authorities and complying with regular requirements.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b000040058338
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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