Corporate DisclosureBIFC
BIFC Corporate Disclosure — 2 July 2018
Announcement summary
- What happened
- BIFC published a corporate disclosure on 2 July 2018. Read the full announcement for details.
- Company
- Bangladesh Industrial Fin. Co. Ltd.
- Announcement published
Original announcement
(Continuation news of BIFC): But Bangladesh Bank instructed the Company to charge 100% provision for the entire classified loans and lease amount of Tk. 608,85,72,250.00 and revise the books of accounts and get them certified by their external Auditors. Accordingly, the Board of Directors has decided to create 100% provision of all the investment classified as B/L. (cont. 2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acef05a6b00004005c704
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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