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): profit or loss account over the lease term replacing the previous heading 'lease rent expenses. While implementing IFRS 16, the Bank observed that IFRS 16 is expected to have impact on various regulatory capital and liquidity ratios as well as other statutory requirements issued by various regulators. In addition, there are no direction from National Board of Revenue (NBR) (cont.5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056bd3
Original publication
Last verified by BullBD
Translation
BullBD
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