March 3, 2025 - TheStatement24

Mar32025 by TS ReportNo Comments

BRAC Bank raises BDT 700 crore through Subordinated Bond to enhance its capital base

BRAC Bank has successfully raised a Subordinated Bond worth BDT 700 crore to enhance its capital base as per Basel-III requirements. The bond will support the bank's capital adequacy requirements, as the bank has earned significant balance sheet growth in recent years. This incremental capital has set the platform to grow the bank’s balance sheet at a higher pace than before. This is also a step forward in developing the bond market in Bangladesh. BRAC Bank has seen deep interest from all customer segments in investing in this bond. A total of 663 unique investors, including 567 individuals, invested in this long-term subordinated bond. Given that the bond is issued by one of the strongest banks in the country, which holds the highest credit rating from both local and international r...

Brazilian Chief Justice Meets Environment Advisor Syeda Rizwana Hasan and proposed Judges’ Conference on Environmental Protection

Breaking News, National

Chief Justice of National High Court of Brazil (STJ) Antonio Herman Benjamin met with Syeda Rizwana Hasan, Advisor to the Ministry of Environment, Forest and Climate Change and the Ministry of Water Resources, at the Forest Department in Agargaon on Monday. The meeting was also attended by the Brazilian Ambassador to Bangladesh, Paulo Fernando Dias Feres. During the discussion, both sides emphasized the importance of strengthening environmental governance and judicial cooperation to address climate change, biodiversity conservation, and sustainable forest management. Justice Benjamin, a globally recognized expert in environmental law, highlighted Brazil’s experience in legal frameworks for forest protection and climate justice. In response, Advisor Rizwana Hasan shared Bangladesh’s init...

The tobacco epidemic is still one of the world’s deadliest threats

Breaking News, Opinion

Dr. Tedros Adhanom Ghebreyesus & Dr. Adriana Blanco Marquizo There remain about 1.3 billion tobacco users globally, prompted by a multibillion-dollar industry that peddles addictive and deadly products and profits from the suffering of those who use them [Daniel Acker/Bloomberg] In the past 20 years, tobacco use has dropped by one-third globally, and there are an estimated 118 million fewer tobacco users today compared with 2005. Why? In large part because 20 years ago this week, after years of negotiation, the WHO Framework Convention on Tobacco Control (WHO FCTC) entered into force – one of the most widely embraced United Nations treaties in history. The WHO FCTC was, and remains, a landmark in international law: the first treaty negotiated under the WHO Constitution, inc...