UCB INVESTMENT RAISES TK 4,000M CAPITAL FOR PUBALI BANK

January 12, 2025 00:00:00

UCB Investment Limited successfully closed Pubali Bank 4th Subordinated Bond worth Tk 4,000 million issued by Pubali Bank PLC. The closing ceremony was held at Pubali Bank's head office in Dhaka on Thursday. UCB Investment acted as the sole arranger for the bond. The bond proceeds will strengthen the Tier-II Capital of Pubali Bank. Mohammad Ali, Managing Director and CEO of Pubali Bank, Tanzim Alamgir, Founding Managing Director and CEO of UCB Investment, and other high officials attended the ceremony.