UCB Investment Limited has successfully raised Tk 4 billion through “One Bank Subordinated Bond” for One Bank PLC.

The formal closing of this bond issue was announced recently at a function organized at the head office of One Bank PLC.

The funds raised through this bond issue will help strengthen the bank’s Tier-2 capital, which will strengthen the bank’s financial base as well as accelerate business expansion and growth.

The bank said that such a strategic initiative will play a positive role in expanding the scope of customer service and the overall economic development of the country.

The following were present at the event:

One Bank PLC Managing Director (Current Charge) Mr. Shabbir Ahmed

UCB Investment Limited Managing Director and CEO Mr. Tanjim Alamgir

Other senior officials of both the organizations