Jamuna-Pubali Bank Get BSEC Nod for Subordinated Bond Issues

Jamuna Bank and Pubali Bank have received consent from the Bangladesh Securities and Exchange Commission (BSEC) to raise capital through the issuance of subordinated bonds, the banks informed on Monday.Jamuna Bank will issue Non-Convertible, Unsecured, Fully Redeemable, Floating Rate Subordinated Bond-V worth BDT 8,000 million under private placement.The total issue will comprise 16,000 bonds with a face value of BDT 500,000 each. The coupon rate will be determined as the reference rate plus a coupon margin.Earlier, the bank had informed the Dhaka Stock Exchange (DSE) on April 21 about its board decision to raise capital through bond issuance. BSEC’s consent was granted via letter dated September 28.Similarly, Pubali Bank has secured BSEC approval to issue its 5th Subordinated Bond through private placement to strengthen the bank’s capital base.The bond is Unsecured, Non-Convertible, Redeemable and carries a Floating Rate. The total issue will comprise 50,000 bonds with a face value of ...

• 29 Sep 2025