Corporate DisclosureUCB
UCB Corporate Disclosure — 16 October 2019
Announcement summary
- What happened
- UCB published a corporate disclosure on 16 October 2019. Read the full announcement for details.
- Company
- United Commercial Bank PLC
- Announcement published
Original announcement
The Company has informed that the Board of Directors has decided to raise Tk. 400.00 crore through issuance of Perpetual Bond as Additional Tire- 1 capital to support the Company Basel III compliance in line with Bangladesh Bank Guidelines on Risk Based Capital Adequacy dated December 2014 and to support the business growth of the Company, subject to approval of all concerned regulatory authorities.
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aceb25a6b000040058cb3
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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