Corporate DisclosureCITYBANK

CITYBANK Corporate Disclosure — 18 April 2019

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Last verified by BullBD

Announcement summary

What happened
CITYBANK published a corporate disclosure on 18 April 2019. Read the full announcement for details.
Company
City Bank PLC.
Announcement published

Original announcement

The Company has further informed that the main reasons for significant improvement NOCFPS are as follows i) Increase in Net Cash flows from interest receipts and payments and ii) Increase in Net Cash Flows from Loan Disbursement and Deposit/Borrowing Collection during 2018 compare to 2017. The Company also noted that During January 1, 2019 to March 31, 2019, growth in deposits and borrowings was lower than growth in advance, which ultimately affected operating cash flows negatively.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005a1e4
Original publication
Last verified by BullBD
Translation
BullBD
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