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): recognizing a right-of-use (ROU) asset (i.e. the right to use the office building, branches, service center, call center, warehouse, etc.) and a corresponding lease liability. The asset and the liability are initially measured at the present value of unavoidable lease payments. The depreciation of the lease asset (ROU) and the interest on the lease liability is recognized in the (cont.4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056bd4
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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