UCB Investment closes BDT 5,000 million subordinated bond for Shahjalal Islami Bank PLC
UCB Investment Limited has successfully closed the SJIBL 3rd Mudaraba Subordinated Bond of BDT 5,000 million issued by Shahjalal Islami Bank PLC.
The closing ceremony for this significant achievement took place recently (15 January 2025) at the headquarters of Shahjalal Islami Bank PLC in Dhaka.
UCB Investment Limited, Bangladesh's best investment bank, proudly acted as the sole Placement Agent for the recently concluded bond. The funds raised through this bond will enhance Shahjalal Islami Bank PLC's Tier-II capital, enabling the bank to broaden its business.
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The ceremony was honoured by the presence of Mr Mohammed Younus, Vice Chairman; Mr Akkas Uddin Mollah, EC Chairman; Mr Nasir Uddin Ahmed, FCA, FCS, Independent Director and AC Chairman, and Mr Mosleh Uddin Ahmed, Managing Director and CEO of Shahjalal Islami Bank PLC. Mr Tanzim Alamgir, Founding Managing Director and CEO of UCB Investment Limited, Mr Abdul Aziz, Additional Managing Director and Chief Business Officer, and Mr Jafar Sadeq, FCA, Chief Financial Officer of Shahjalal Islami Bank PLC, and other senior officials from both organisations also attended the event.
