UCB Investment raises BDT 2,500 million for EXIM Bank
UCB Investment Limited has successfully raised BDT 2,500 million in capital for EXIM Bank PLC by issuing the "EXIM Bank 6th Subordinated Bond."
This achievement marks another milestone for the company in terms of capital raising. A formal closing ceremony was recently held at the EXIM Bank PLC headquarters to commemorate this occasion.
The proceeds from the bond issuance will strengthen the bank's Tier-2 capital, enhancing its financial stability, accelerating business expansion, and driving overall growth. This strategic initiative will enable EXIM Bank PLC to broaden its range of customer services while significantly contributing to Bangladesh's economic development.
Mr Akhtar Hossain, Acting Managing Director of EXIM Bank PLC, Mr Tanzim Alamgir, Managing Director and CEO of UCB Investment Limited, and other senior officials from both institutions attended the closing ceremony.
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