Pubali Bank PLC has announced plans to raise Tk 1,500 crore through the issuance of its fifth subordinated bond as part of efforts to reinforce its Tier-II capital base.
The private commercial bank disclosed the move in a filing with the Dhaka Stock Exchange (DSE) today, stating that the fund will help it meet Basel-III capital adequacy requirements, as outlined by Bangladesh Bank’s risk-based capital adequacy guidelines introduced in December 2014.
The bond issuance is pending approval from the relevant regulatory authorities and must comply with all applicable laws and guidelines.
Following the announcement, Pubali Bank’s shares edged up by 0.35 percent to Tk 28.4 on the DSE as of 1:00 pm.
According to the latest data as of March 31, 2025, general investors own 39.70 percent of the bank’s shares, with sponsors and directors holding 31.49 percent. Institutional investors account for 28.67 percent, while foreign investors hold less than one percent.
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