Pubali Bank to raise Tk 500 crore through subordinated bond
Pubali Bank has received regulatory approval to raise Tk 500 crore through the issuance of its fifth subordinated bond.
In a disclosure on the Dhaka Stock Exchange (DSE) website today, the bank said the Bangladesh Securities and Exchange Commission granted consent in a letter dated September 28 to issue the bond through private placement.
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Pubali Bank said the proceeds will be used to strengthen its capital base.
The bank had earlier announced on May 5 this year that its board had decided to raise capital through a subordinated bond.
Pubali Bank's profit surged in the April-June quarter, buoyed by its higher investment income.
The bank posted a profit of Tk 393 crore in the second quarter of 2025, marking a 38 percent year-on-year growth.
As of August 31, 2025, the shareholding structure of the bank was: sponsors and directors 28.20 percent, institutional investors 28.09 percent, foreign investors 0.12 percent, and the general public 43.59 percent, as per DSE data.