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NTB Rs. 15 b debenture issue gets CSE nod, opens Friday

Daily FT

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June 17, 2026

NATIONS Trust Bank PLC (NTB) will open subscriptions on 19 June for a Basel IIIcompliant Tier 2 debenture issue aimed at raising up to Rs. 15 billion to strengthen its capital base and support future growth.

According to a Colombo Stock Exchange (CSE) circular issued yesterday, the CSE has granted in-principle approval for the listing of the bank's Basel III-compliant, Tier 2, listed, rated, unsecured, subordinated, redeemable debentures with a non-viability conversion feature.

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