Bangladesh Finance Capital Holdings Managing Director and CEO Kyser Hamid and First Security Islami Bank Managing Director Syed Waseque Md Ali exchange documents after signing an agreement at FSIBL head office in the capital on Monday.

First Security Islami Bank Limited and BD Finance Capital Holdings Limited (a subsidiary of Bangladesh Finance Limited) signed a Memorandum of Understanding (MoU) at FSIBL head office in the capital on Monday.

First Securities Islami Bank has informed that the Board of the Directors has recommended to raise paid-up capital of the company through issuance of rights share at a ratio of 1R:2 i.e. 1 for every 2 ordinary shares of Tk 10.00 each for entitlement rights share at an issue price of Tk 10.00 per share subject to the approval of the regulatory authority.