BSEC has given consent under the provisions of the Securities and Exchange Commission (Private Placement of Debt Securities) Rules, 2012, for raising of capital by The City Bank Limited amounting to Tk. 300.00 crore only through issuance of Non-Convertible Coupon Bearing Subordinated Bond. The consent has been accorded subject to the condition that the Company shall comply with the relevant laws and Regulatory Requirements, and also shall adhere to the conditions imposed by BSEC under Section-2CC of the Securities and Exchange Ordinance, 1969.