Reply to thread

Message

[QUOTE="Munyaradzi Mafaro, post: 67428, member: 636"]
BRAC Bank finalized a 400 crore taka financing arrangement for DBL Group on October 5, 2025, acting as lead organizer for the transaction. The deal involves issuing non-convertible preference shares to help the conglomerate strengthen its capital framework and reduce refinancing vulnerabilities. DBL Group aims to secure stable long-term funding while minimizing exposure to interest rate fluctuations.

BRAC Bank Managing Director Tareq Refat Ullah Khan stated the agreement demonstrates a commitment to providing innovative financial solutions for major corporations. He emphasized such structured financing supports industrial expansion and national economic development. The signing occurred at DBL Group's Dhaka headquarters with Chairman Abdul Wahed and other senior executives present alongside BRAC Bank leadership.

This transaction highlights BRAC Bank's focus on alternative financing models for corporate clients. Officials from both institutions attended the ceremony, including DBL Group Vice Chairman Mohammed Abdur Rahim and BRAC Bank Deputy Managing Director Md Shaheen Iqbal. The arrangement supports DBL Group's strategy for sustained operational resilience while contributing to broader market stability.
[/QUOTE]

Name