ONE Bank gets regulatory approval for Tk400cr subordinated bond
ONE Bank PLC has received approval from the Bangladesh Securities and Exchange Commission (BSEC) for the issuance of Tk400 crore subordinated bond with a tenure of seven years. The unsecured, non-convertible, fully redeemable and floating-rate bond has received all the regulatory approvals. The proceeds from the issuance will strengthen the bank’s capital base and support its... Details
We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.
