Premier Bank holds 10th EGM

The 10th EGM of Premier Bank Limited was held virtually for approval of the shareholders to issue Unsecured Contingent-Conversion Floating Rate Perpetual Bond of Tk 400 crore for raising Additional Tier-1 Capital.

Chairman of the bank and freedom fighter, Dr. HBM Iqbal, Vice Chairman Moin Iqbal, along with members of the board of directors and shareholders were present, said a press release.

HBM Iqbal on behalf of the board of directors 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, cooperation and for providing proper directions. He said, “Presently, Premier Bank is moving forward following the correct and timely decisions of Bangladesh Bank.”