trending Market Intelligence /marketintelligence/en/news-insights/trending/uaSXlFq0OJiEJnREaAUidA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Dutch-Bangla Bank to raise 3B taka in bond issue

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Dutch-Bangla Bank to raise 3B taka in bond issue

Dutch-BanglaBank Ltd. is seeking to raise 3 billion taka through an issuance ofnonconvertible and subordinated bonds in a private placement.

The unsecured bonds will have a tenure of seven years, accordingto a May 8 statement.

Proceeds from the issuance will be used to increase thebank's Tier 2 capital requirement under Basel III and to strengthen its capitalbase.

As of May 6, US$1 wasequivalent to 78.38 Bangladeshi taka.