UCB Investment raises BDT 4,000 million capital for Pubali Bank PLC
UCB Investment Limited successfully closed Pubali Bank's 4th Subordinated Bond worth BDT 4,000 million issued by Pubali Bank PLC.
The closing ceremony for this milestone event was held at Pubali Bank PLC's headquarters in Dhaka.
UCB Investment Limited, Bangladesh's leading investment bank, acted as the sole Arranger for the bond. The bond proceeds will strengthen Pubali Bank PLC's Tier-II capital, enabling it to extend services to a greater customer base and contribute to the country's economic progress.
The ceremony was graced by Mr Mohammad Ali, Managing Director and CEO of Pubali Bank PLC, Mr Tanzim Alamgir, Founding Managing Director and CEO of UCB Investment Limited, and High Officials of both organisations.