EarningsBIFC
BIFC Earnings Update
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): having a shortfall of Tk. 271,952,110.00 and a consequent effect in the EPS and NAV. 3. Loans and Advances: (A) The company has allowed loans and advances to various concerns of Sunman group during the year without following the rules and regulations of loan granting policy of the company and Bangladesh Bank Guidelines. As on 31 December 2016 a total outstanding amount against various concerns of Sunman Group was Taka 6,232,952,513.00 which (cont. 3)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616acf0d5a6b00004005f01c
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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