Corporate DisclosureBIFC
BIFC Corporate Disclosure — 16 May 2018
Announcement summary
- What happened
- BIFC published a corporate disclosure on 16 May 2018. Read the full announcement for details.
- Company
- Bangladesh Industrial Fin. Co. Ltd.
- Announcement published
Original announcement
In response to a DSE query dated May 13, 2018 regarding a news published in the newspaper citing "95% loan of Major Mannan is in default", the Company has given the following response: "As per Bangladesh Bank Special Inspection Report dated June 24, 2015, about Tk. 518.00 crores was sanctioned and disbursed in favor of different borrowers in highly irregular and fraudulent ways. (cont. 1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acef05a6b00004005cae7
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.