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): defined 'low value asset ' which are to be excluded from IFRS 16 requirement and considered lease of 'ATM Booths and other installations' as low value asset. Thereafter, the Bank has reviewed lease arrangements for 'office premises' for consideration under IFRS 16. As per the preliminary assessment of leases for 'office premises', the Bank has concluded that the potential (cont.8)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056bd0
Original publication
Last verified by BullBD
Translation
BullBD
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