Dhaka, Nov. 2 -- BRAC Bank has signed a BDT 400 crore (Tk 4.0 billion) arrangement deal with DBL Group, one of Bangladesh's largest and most diversified conglomerates, through the issuance of non-convertible, cumulative, fully redeemable Preference Shares. BRAC Bank will act as the Lead Arranger for the transaction.

The financing initiative forms part of DBL Group's broader strategy to optimise its capital structure, reduce refinancing risks, and secure long-term financial sustainability. This innovative structure will help DBL Group mitigate interest-rate volatility and access a more stable, long-tenor source of capital.

Tareq Refat Ullah Khan, Managing Director and CEO of BRAC Bank, said, "This partnership exemplifies our commitment t...