Corporate DisclosureUCB

UCB Corporate Disclosure — 22 February 2022

Published
Last verified by BullBD

Announcement summary

What happened
UCB published a corporate disclosure on 22 February 2022. 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 issue of unsecured, contingent-convertible, non-cumulative, 'UCB 2nd Perpetual Bond' of amount up to Tk. 500 crore to be included in the Additional Tier I Capital subject to approval of regulatory authorities.

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

কোম্পানি জানিয়েছে যে পরিচালনা পর্ষদ অসুরক্ষিত, কন্টিনজেন্ট-কনভার্টেবল, নন-কম্যুলেটিভ, 'UCB 2nd Perpetual Bond' ইস্যু করার সিদ্ধান্ত নিয়েছে। নিয়ন্ত্রক কর্তৃপক্ষের অনুমোদন সাপেক্ষে অতিরিক্ত টায়ার I মূলধনে 500 কোটি টাকা অন্তর্ভুক্ত করা হবে।

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
62145f0ccf6229bc6a8b0702
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

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.