Corporate DisclosureUCB
UCB Corporate Disclosure — 19 November 2018
Announcement summary
- What happened
- UCB published a corporate disclosure on 19 November 2018. 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 form a Subsidiary Company of UCB, aiming to provide Mobile Financial Services (MFS) subject to completion of all regulatory formalities. Initial Authorized and Paid-up Capital of this subsidiary company will be Tk. 500.00 crore and Tk. 50.00 crore respectively which shall be increased from time to time as per investment requirement of the regulatory authority. (cont.)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005b2c5
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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