UCB Investment arranges Tk 4,000 million subordinated bond for ONE Bank

UCB Investment Limited has successfully arranged the issuance of the "ONE Bank Subordinated Bond V", amounting to Tk 4,000 million, for ONE Bank PLC.

The closing ceremony was recently held at ONE Bank PLC’s headquarters in Dhaka, according to a press release. 

The funds raised through this bond will enhance ONE Bank PLC’s Tier II capital, fortifying its financial resilience and enabling the bank to drive business growth.

This strategic initiative will support the institution in expanding its customer reach and making a more substantial contribution to Bangladesh's economic progress.

The occasion was honoured by Mr. Shabbir Ahmed, Managing Director (Current Charge) of ONE Bank PLC, Mr. Tanzim Alamgir, Founding Managing Director and CEO of UCB Investment Limited, alongside other senior executives from both entities.