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BSEC permits SIBL to raise capital

Tuesday, 26 August 2014


Social Islami Bank Limited (SIBL) has got authorities’ consent to raise its capital up to Tk 3.0 billion only through  Mudaraba Subordinated Bond. It received the permission from Bangladesh Securities and Exchange Commission (BSEC), according to DSE website on Tuesday. The company is required to meet the relevant laws and regulatory requirements, said the DSE post, according to a news agency.