13th EGM of Jamuna Bank held

The 13th Extra-Ordinary General Meeting (EGM) of Jamuna Bank Limited was held on Wednesday on a virtual platform.

The meeting approved the issuance of unsecured, contingent-convertible, BASEL III compliant, perpetual bonds of Tk400 crore as part of additional tier I regulatory capital with conversion features.

The meeting was presided over by the Chairman of the Board of Directors Fazlur Rahman.

Among others, Al-Haj Nur Mohammed, chairman of Jamuna Bank Foundation, Md Mahmudul Hoque, chairman of the Executive Committee, AKM Mosharraf Hussain, chairman of the Risk Management Committee, and other directors of the bank attended the virtual EGM.

Jamuna Bank Managing Director and CEO Mirza Elias Uddin Ahmed, Company Secretary MA Rouf and a large number of shareholders also attended the EGM.