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Search date: 06-03-2019 Return to current date: Click here

NCC Bank to issue Tk 7.0b bond

FE Report | March 06, 2019 00:00:00


The board of directors of NCC Bank has decided, in principle, to issue non-convertible subordinated bond of Tk 7.0 billion, said an official disclosure on Tuesday.

The bank will issue bond for raising fund to have regulatory capital support of the bank under Tier 2 category of BASEL III, according to the disclosure.

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