BSEC declines NCC Bank’s Tk 500 crore bond issue
NCC Bank plans to appeal the decision and seek a review
Photo: NCC Bank PLC
The Bangladesh Securities and Exchange Commission (BSEC) has rejected NCC Bank's proposal to issue a Non-Convertible Subordinated Bond-2 worth Tk 500 crore.
This decision, made on October 9, 2024, follows a notice issued in August 2022, according to a disclosure on the website of Dhaka Stock Exchange.
For all latest news, follow The Daily Star's Google News channel. Meanwhile, NCC Bank has stated its intention to appeal against the BSEC's decision and request a review.
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