UCB Investment facilitates Tk 500cr capital raise for Trust Bank

 
UCB Investment Ltd (UCBIL) has successfully completed the fundraising of BDT 500 crore for Trust Bank PLC through its Subordinated Bond VIII, acting as the Lead Arranger for the transaction.

The funds raised will strengthen Trust Bank PLC’s Tier-II capital base in line with Bangladesh Bank’s Revised Regulatory Capital Framework under Basel III, supporting the bank’s regulatory capital requirements, says a press release.  A closing ceremony was held at Trust Bank PLC’s head office in Dhaka to mark the successful completion of the transaction. Ahsan  Zaman Chowdhury, Managing Director and CEO of Trust Bank PLC, and Tanzim Alamgir, Founding Managing Director and CEO of UCB Investment Limited, attended the ceremony alongside senior officials from both organisations. The transaction further demonstrates UCBIL’s capabilities in structuring and executing debt capital market transactions. Over the past six years, UCBIL has successfully completed 66 investment banking transactions, raising more than BDT 21,600 crore for its clients. Through its investment banking expertise and client-focused approach, the company continues to facilitate access to capital and provide financing solutions tailored to the needs of financial institutions and corporate clients across Bangladesh.