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Saturday | October 31, 2026 | Dhaka

Meghna Bank gets Tk 4.0b regulatory approval

 Business Desk
 Published: 12:02 AM, 31 October 2026

Meghna Bank PLC has received approval from Bangladesh Bank and the Bangladesh Securities and Exchange Commission (BSEC) to issue its second subordinated bond worth Tk 4.0 billion to strengthen its capital base and support sustainable business growth.

The seven-year bond is aimed at strengthening the bank’s Tier-2 capital, helping it maintain capital adequacy, enhance financial capacity and expand its lending and investment activities.

The bond carries a variable coupon rate based on the average of the highest six-month fixed deposit rates offered by commercial banks in Bangladesh, excluding specialised banks, Islamic banks and foreign banks, with an additional margin of 3 per cent.