Corporate DisclosureBDFINANCE
BDFINANCE Corporate Disclosure — 8 September 2020
Announcement summary
- What happened
- BDFINANCE published a corporate disclosure on 8 September 2020. Read the full announcement for details.
- Company
- Bangladesh Finance PLC.
- Announcement published
Original announcement
(Continuation news of BDFINANCE): the appointment of Administrator by Bangladesh Bank and involvement of Bangladesh Bank in taking care of the affairs of ILFSL for the interest of the investors, the management of Bangladesh Finance And Investment Company Limited reasonably believes that there is still no significant risk in realization of the investment made with ILFSL. However, as accounting prudent measure, 10% provision has been made on the total value of the investment in this year. (cont. 6)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056322
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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