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NCC Bank to issue Tk500 crore bond

Wed Aug 10, 2022 02:50 PM
Last update on: Wed Aug 10, 2022 02:57 PM

Star Business Report

Wed Aug 10, 2022 02:50 PM Last update on: Wed Aug 10, 2022 02:57 PM

NCC Bank Limited's board has approved a decision to issue a Tk 500 crore non-convertible subordinated bond.

The move is aimed at having capital support under Tier 2 of Basel III, said the private commercial bank in a post on the Dhaka Stock Exchange today.

Wed Aug 10, 2022 02:50 PM
Last update on: Wed Aug 10, 2022 02:57 PM

Star Business Report

Wed Aug 10, 2022 02:50 PM Last update on: Wed Aug 10, 2022 02:57 PM

NCC Bank Limited's board has approved a decision to issue a Tk 500 crore non-convertible subordinated bond.

The move is aimed at having capital support under Tier 2 of Basel III, said the private commercial bank in a post on the Dhaka Stock Exchange today.

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