Issuance of subordinated Bond of Maximum BDT 500 Crore

This is for information of all concerned that the Board of Directors of NRB Commercial Bank Limited in its 122nd meeting held on Thursday the 10th June 2021 at 3.45 pm on virtual platform decided to issue Non-convertible unsecured coupon bearing Subordinated Bond as Tier II Capital amounting to BDT 500.00 Crore subject to the approval of concerned regulatory authorities and compliances of all applicable laws and regulations. The decision has been taken unanimously to continue subsequent growth of NRBC Bank and present microcredit program and credit programs all over the country under taken by the bank.