Corporate DisclosureALARABANK

ALARABANK Corporate Disclosure — 8 July 2020

Published
Last verified by BullBD

Announcement summary

What happened
ALARABANK published a corporate disclosure on 8 July 2020. Read the full announcement for details.
Company
Al-Arafah Islami Bank PLC.
Announcement published

Original announcement

(Continuation news of ALARABANK): impact of these lease items in the Balance Sheet and Profit and Loss Account of the Bank for the year 2019 is not considered to be material. Therefore, considering the above implementation issues the Bank has not taken IFRS 16 adjustments on the basis of overall materiality as specified in the materiality guidance in the 'Conceptual Framework for Financial Reporting' (cont.9)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056bcf
Original publication
Last verified by BullBD
Translation
BullBD
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