ONE Bank Gets Approval for Tk 400cr Subordinated Bond

ONE Bank PLC has received approval from the Bangladesh Securities and Exchange Commission (BSEC) for the issuance of BDT 400 crore Subordinated with a tenure of seven years.

The unsecured, non-convertible, fully redeemable and floating-rate bond has received all the regulatory approvals. The proceeds from the issuance will strengthen the Bank’s capital base and support its continued business growth and strategic priorities.

As ONE Bank moves forward, it remains focused on building a more agile, resilient and future-ready financial institution, with greater emphasis on digital transformation, financial inclusion and responsible banking. The Bank continues to enhance the way customers access and experience financial services while expanding its capacity to support businesses and communities across the country.

Commenting on the bond issuance, Mr. Muhit Rahman, Managing Director, ONE Bank PLC, said, “This is an important milestone for ONE Bank as we continue to build a stronger foundation for our next phase of growth. Strengthening our capital base will enhance our capacity to support our customers, grow our business and respond to emerging opportunities. We remain committed to building a stronger, more customer-centric Bank that delivers innovative financial solutions and contributes meaningfully to the growth of Bangladesh’s economy.”

The bond issuance marks an important step in ONE Bank’s ongoing transformation and reinforce its commitment to sustainable growth and long-term value creation for its customers and stakeholders.