Corporate DisclosureBIFC

BIFC Corporate Disclosure — 27 June 2022

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Last verified by BullBD

Announcement summary

What happened
BIFC published a corporate disclosure on 27 June 2022. Read the full announcement for details.
Company
Bangladesh Industrial Fin. Co. Ltd.
Announcement published

Original announcement

(Continuation news of BIFC): implemented in a very limited manner. Note 2.2 Going Concern Assumption: The Company has an accumulated loss of BDT 11,049,071,330 as on 31 December 2019; Negative equity of BDT 9,491,367,450 as at 31 December 2019; Capital adequacy ratio of (105.71%) as against minimum of 10%; 95% of investment of the Company is classified, CRR and SLR requirements could not be met throughout the year and investment disbursement is very poor. (cont.8)

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

(BIFC-এর ধারাবাহিক খবর): খুবই সীমিতভাবে বাস্তবায়িত। দ্রষ্টব্য 2.2 উদ্বেগ অনুমান: কোম্পানির 31 ডিসেম্বর 2019 তারিখে 11,049,071,330 টাকার পুঞ্জীভূত ক্ষতি হয়েছে; 31 ডিসেম্বর 2019 তারিখে 9,491,367,450 টাকার ঋণাত্মক ইকুইটি; ন্যূনতম 10% এর বিপরীতে মূলধন পর্যাপ্ততা অনুপাত (105.71%); কোম্পানির 95% বিনিয়োগ শ্রেণীবদ্ধ, CRR এবং SLR প্রয়োজনীয়তা সারা বছর পূরণ করা যায় না এবং বিনিয়োগ বিতরণ খুবই দুর্বল। (চলমান 8)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
62b96bf1cf6229bc6aaf77af
Original publication
Last verified by BullBD
Translation
BullBD
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