Premier Bank holds 10th EGM
Premier Bank Limited, a private commercial bank, held its 10th emergency general meeting (EGM) using a digital platform on Tuesday.
The shareholders of the bank approved the Unsecured Contingent-Conversion Floating Rate Perpetual Bond (Premier Bank Perpetual Bond) of Tk4,000 million (public offer basis for Tk400 million and private placement basis for Tk3,600 million) for raising Additional Tier-1 Capital, reads a press release.
Premier Bank Limited Chairman Dr HBM Iqbal, Vice Chairman Moin Iqbal, Members of the board of directors BH Haroon, Abdus Salam Murshedy, Mohammad Imran Iqbal, Jamal G Ahmed, Nahyan Haroon, Shaila Shelley Khan, Independent Director Naba Gopal Banik, Alternate Director AHM Ferdous, Advisor Muhammed Ali and Managing Director and CEO M Reazul Karim, Deputy Managing Director Sayed Abul Hashem were present at the meeting.
HBM Iqbal expressed his sincere gratitude towards Bangladesh Bank, Bangladesh Securities and Exchange Commission, Dhaka Stock Exchange, Chittagong Stock Exchange, respected shareholders, employees, and officers for their trust and cooperation.
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He said, "Premier Bank is moving forward following the directives of Bangladesh Bank. This continuity will remain unimpeded in the future."
