Bangladesh, Sept. 30 -- ONE Bank PLC has received approval from the Bangladesh Securities and Exchange Commission (BSEC) for the issuance of Tk 4 billion subordinated bond 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 fi...