Corporate DisclosureBIFC
BIFC Corporate Disclosure — 25 July 2017
Announcement summary
- What happened
- BIFC published a corporate disclosure on 25 July 2017. Read the full announcement for details.
- Company
- Bangladesh Industrial Fin. Co. Ltd.
- Announcement published
Original announcement
(Continuation news of BIFC): represents 71.04% of total outstanding balance. All of these loans/leases are classified as Bad loss. (B) The company disbursed Loans and Advances Tk. 163,446,424.00 to various concerns of Biswas Group which stood at Taka 208,419,131.00 as on 31 December 2016. This amount represents 2.38% of total outstanding. All of these loans and leases are classified as Bad Loss. The management of BIFC could not provide us original documents i.e. Sanction Letter, Agreement, (cont. 4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004005f01b
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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