Jamuna Bank to issue bond to raise Tk 800 crore

Business Report :

Jamuna Bank has received regulatory approval to raise Tk 800 crore through the issuance of bonds under private placement.

The Bangladesh Securities and Exchange Commission, in a letter dated September 28, approved the bond, according to a disclosure posted on the Dhaka Stock Exchange (DSE) website on Monday.

The move follows an earlier announcement on April 21, 2025, when Jamuna Bank’s board decided to raise capital through bond issuance to strengthen its balance sheet and support future growth.
Jamuna Bank reported a decline in net profit for the April-June quarter despite an increase in investment income.

The private commercial lender’s consolidated net profit for the second quarter of 2025 fell by 8 percent year-on-year, reaching Tk 131.54 crore.

As per DSE data, as of August 31, 2025, sponsors and directors held 40.98 percent of the company’s shares. The public held the largest portion with 55.43 percent, while the remaining 3.59 percent was owned by institutional and foreign investors.

Meanwhile, Pubali Bank has received regulatory approval to raise Tk 500 crore through the issuance of its fifth subordinated bond.

In a disclosure on the Dhaka Stock Exchange (DSE) websiteyesterday, the bank said the Bangladesh Securities and Exchange Commission granted consent in a letter dated September 28 to issue the bond through private placement.

The approval is subject to compliance with all relevant laws and regulatory requirements.
Pubali Bank said the proceeds will be used to strengthen its capital base.
The bank had earlier announced on May 5 this year that its board had decided to raise capital through a subordinated bond.

Pubali Bank’s profit surged in the April-June quarter, buoyed by its higher investment income.
The bank posted a profit of Tk 393 crore in the second quarter of 2025, marking a 38 percent year-on-year growth.