AB Bank Limited announced that the Board has decided to issue through issuance of fully redeemable non-convertible 7 years variable rated subordinated bonds (AB Bank Subordinated Bond-IV of BDT 5,000 million where the interest will be payable semi-annually (7%-10.50% or as approved by the Regulators) through Private Placement, for enhancement of Tier-II capital, subject to approval from the concerned Regulatory Authorities.