Dutch-Bangla Bank Limited announced issuance of third subordinated bond. The Company has informed that the Board of Directors of the Company, among others, has approved the issuance of 3rd Subordinated Bond, subject to the approval of the BSEC and Bangladesh Bank. Some features of the Bond are: Issuer: Dutch-Bangla Bank Limited (DBBL), Issue Size: BDT 5,000.00 million. Objective is Increasing the Tier 2 Capital to meet the capital requirement under Basel III and to strengthen the regulatory capital base of the Bank. Nature of the instrument is Unsecured, Non-Convertible, Subordinated Bond, Mode of Placement: Private Placement, Tenure: 7 years. The Board has also decided that any subsequent changes in the features of the Bond, if deemed necessary by the bank or required by regulatory authorities, shall be placed for approval of the Board of Directors of the Bank.