The board of the private commercial lender has approved the tier-II equivalent subordinated bonds named “AB Bank Subordinated Bonds-V”.
AB Bank disburses Tk 1 lakh each as loan to 1,500 farmers in Madhupur, Dhanbari
The deadline for the public offer subscription portion of AB Bank Ltd’s perpetual bond has been extended up to August 22.
The burden of a dead mobile operator, widespread loan fraudulence, mismanagement and influence of a sponsor director were what dragged the once sound AB Bank into the reds.
The Anti-Corruption Commission (ACC) files a case accusing three people including an official of AB Bank for misappropriating Tk 133 crore.
A three-judge High Court bench yesterday delivered a dissenting verdict on the legality of bail of two former AB Bank officials in a money laundering case.
The Anti-Corruption Commission (ACC) has quizzed three high officials of the AB Bank yesterday over allegations of embezzling Tk 165 crore and smuggling it to United Arab Emirates (UAE).