NCC to issue Tk 700cr subordinated bond | The Daily Star
12:00 AM, March 06, 2019 / LAST MODIFIED: 12:01 AM, March 06, 2019

NCC to issue Tk 700cr subordinated bond

The Board of Directors of NCC Bank has decided, in principle, to issue Tk 700 crore con-convertible subordinated bond only to raise fund to meet regulatory capital support of the bank under Tier 2 category of BASEL III, subject to approval of the Bangladesh Bank and Bangladesh Securities and Exchange Commission.

 

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