RegulatoryBDFINANCE

Brokers Asked to Suspend Margin Loans for BDFINANCE Shares

Published
Last verified by BullBD

Announcement summary

What happened
Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of BDFINANCE shares.
Company
Bangladesh Finance PLC.
Announcement published

Original announcement

(Continuation news of BDFINANCE): This loss resulted mainly from substantial provisions made for stressed loans, leases, and advances, as per Bangladesh Bank's regulatory guidance. Further provisions were also made against negative equity exposures from margin loans, investments in shares, and private placements. (cont.3)

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

(বিডিফাইন্যান্সের ধারাবাহিক সংবাদ): বাংলাদেশ ব্যাংকের নিয়ন্ত্রক নির্দেশিকা অনুসারে, চাপযুক্ত ঋণ, লিজ এবং অগ্রিমের জন্য প্রণীত উল্লেখযোগ্য বিধানের কারণেই এই ক্ষতি হয়েছে। মার্জিন ঋণ, শেয়ারে বিনিয়োগ এবং ব্যক্তিগত প্লেসমেন্ট থেকে নেতিবাচক ইক্যুইটি এক্সপোজারের বিরুদ্ধেও আরও বিধান করা হয়েছিল। (অবিলম্বে ৩)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
68046e707463ac9d443baa0a
Original publication
Last verified by BullBD
Translation
BullBD
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