Corporate DisclosureALARABANK
ALARABANK Corporate Disclosure — 8 July 2020
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): (Appendix B) of IFRS 16 provide some qualitative guidance on low value asset, but these guidance is focused towards moveable asset. Immovable asset like rental of premises (i.e. real estate) is not covered on those guidance, nor any benchmark on quantification guidance on low value items have been agreed locally in Bangladesh. Nevertheless, as a first step the Bank has (cont.7)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056bd1
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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