Dhaka, Bangladesh (BBN): The Board of Directors of First Security Islami Bank Limited has informed that they has approved the Revaluation of Land and Building of the Company from Book Value of BDT 48,82,40,203.00 to BDT  89,06,83,153.00 i.e. increased by BDT 40,24,42,950.00 only as conducted by a renowned surveyor.

The Board has also approved to consider the Revaluation Reserve amount of BDT 40,24,42,950.00 only to meet up the capital requirement of the company as per BASEL-II.

BBN/BB/AD/Dec26-12.15pm (BST).