PAID-UP CAPITAL OF BANGLADESH DEVELOPMENT BANK RAISED

The paid-up capital of the state-owned Bangladesh Development Bank PLC has been raised from Tk 4.0 billion to Tk 6.0 billion. Paper shares worth Tk 2.0 billion, equivalent to 20 million shares, were handed over to Dr. Md Khairuzzaman Mozumder, Secretary of the Finance Division, Ministry of Finance, during a ceremony at the Bangladesh Secretariat on Wednesday. Chairman of the bank's board Ahmed Ismet, Managing Director & CEO Md. Jashim Uddin and Company Secretary Kamal Uddin Ahmed Mollah were present on the occasion.