UCB Investment arranges Tk 4,000m subordinated bond for ONE Bank

April 20, 2025 00:00:00

UCB Investment Limited has successfully arranged the issuance of the 'ONE Bank Subordinated Bond V', amounting to Tk 4,000 million, for ONE Bank PLC. The closure ceremony for the bond was held at ONE Bank's headquarters in Dhaka, recently. The funds raised through this bond will enhance ONE Bank's Tier II capital, fortifying its financial resilience and enabling the bank to drive business growth. This strategic initiative will support the institution in expanding its customer reach and making a more substantial contribution to Bangladesh's economic progress. Shabbir Ahmed, Managing Director (Current Charge) of ONE Bank, Tanzim Alamgir, Founding Managing Director and CEO of UCB Investment Limited, and other senior executives from both entities were present at the event.