BSEC allows Pubali Bank to issue Tk500cr perpetual bond | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
June 13, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JUNE 13, 2025
BSEC allows Pubali Bank to issue Tk500cr perpetual bond

Stocks

TBS Report
07 December, 2021, 08:30 pm
Last modified: 07 December, 2021, 08:30 pm

Related News

  • Tk2.52cr fines levied by BSEC for securities law breaches in May
  • Pubali Bank PLC signs agreement with ACI to enhance digital banking services
  • Berger Paints gets BSEC approval to issue rights shares
  • BSEC slashes BO account fee by Tk300
  • Pubali Bank director to gift Tk42cr shares to son

BSEC allows Pubali Bank to issue Tk500cr perpetual bond

This would be an unsecured, contingent-convertible, fully paid-up, non-cumulative and Basel three complaint

TBS Report
07 December, 2021, 08:30 pm
Last modified: 07 December, 2021, 08:30 pm
BSEC allows Pubali Bank to issue Tk500cr perpetual bond

The securities regulator has approved Pubali Bank Ltd to issue a perpetual bond worth Tk500 crore.

The listed commercial bank will strengthen its additional Tier-1 capital base with the money collected, according to the Bangladesh Securities and Exchange Commission (BSEC).

This would be an unsecured, contingent-convertible, fully paid-up, non-cumulative and Basel three complaint, the regulator said on Tuesday.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Local institutional investors and high-net-worth individuals can buy the bond units through a private placement. General investors can also buy units through a public offering.

Some Tk450 crore will be issued through private placement and the remaining Tk50 crore through a public offering.

The coupon rate will be 6% to 10% of the bond. The minimum subscription amount of the bond will be Tk5,000.

Local merchant bank Green Delta Capital Limited will act as the trustee of the bond while UCB Capital Limited and City Bank Capital Resources Limited will act as the arranger, issue manager and underwriter of the bond.

Pubali Bank was listed on the capital market in 1984.

From January to September 2021, the bank logged a consolidated profit of Tk465.21 crore, and earnings per share (EPS) stood at Tk4.52.

As of 31 October this year, sponsors and directors jointly held 31.50%, institutes 26.76%, foreign investors 0.24%, and general investors 41.50% of the company shares. 

BSEC / Pubali Bank / Perpetual Bond

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infographics: TBS
    Lengthy legal road ahead to repatriate Saifuzzaman's wealth from UK
  • From fact-checker to fact-checked: CA Press Wing’s turn in the hot seat
    From fact-checker to fact-checked: CA Press Wing’s turn in the hot seat
  • Wreckage of a Boeing 787 Dreamliner showing part of its registration "VT-ANB" in Ahmedabad, India, June 12, 2025. REUTERS/Amit Dave
    Air India Dreamliner crashes into Ahmedabad college hostel, kills over 290

MOST VIEWED

  • Keir Starmer declines to meet CA Yunus: FT report
    Keir Starmer declines to meet CA Yunus: FT report
  • Wreckage of a Boeing 787 Dreamliner showing part of its registration "VT-ANB" in Ahmedabad, India, June 12, 2025. REUTERS/Amit Dave
    Air India Dreamliner crashes into Ahmedabad college hostel, kills over 290
  • Saifuzzaman Chowdhury. Photo: Collected
    UK crime agency now freezes assets of ex-land minister Saifuzzaman: AJ
  • File Photo of Chief Adviser Muhammad Yunus: UNB
    Prof Yunus to receive Harmony Award from King Charles today
  • Infofgraphics: TBS
    DGHS issues 11-point directive to prevent spread of Covid-19 in Bangladesh
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Bangladesh mulls settlements with tycoons over offshore wealth: BB governor tells FT

Related News

  • Tk2.52cr fines levied by BSEC for securities law breaches in May
  • Pubali Bank PLC signs agreement with ACI to enhance digital banking services
  • Berger Paints gets BSEC approval to issue rights shares
  • BSEC slashes BO account fee by Tk300
  • Pubali Bank director to gift Tk42cr shares to son

Features

Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

1d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

2d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

3d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

5d | Bangladesh

More Videos from TBS

Banks' estimates were wrong: Bangladesh Bank spokesperson

Banks' estimates were wrong: Bangladesh Bank spokesperson

11h | Podcast
What exactly happened to the ill-fated Boeing aircraft?

What exactly happened to the ill-fated Boeing aircraft?

12h | TBS World
Govt to set up Debt Office as loan burden to hit Tk29 lakh cr by FY28

Govt to set up Debt Office as loan burden to hit Tk29 lakh cr by FY28

12h | TBS Insight
Curfew imposed for second night in Los Angeles

Curfew imposed for second night in Los Angeles

13h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net