RegulatoryEBL

Brokers Asked to Suspend Margin Loans for EBL Shares

Published
Last verified by BullBD

Announcement summary

What happened
Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of EBL shares.
Company
Eastern Bank PLC.
Announcement published

Original announcement

(Q1 Un-audited): The company has further informed the reasons for Negative Cash Flow in Operating Activities: Consolidated NOCFPS during the period from January to March 2022 was negative mainly due to buying of significant amount of govt. treasury securities and marginal growth of deposit amount. However, the negative cash flow from operating activities was partly compensated by positive Cash Flow from Financing Activities.

Bangla translation

A Bangla translation is under review because critical figures or dates did not match the English disclosure.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
62677cc9cf6229bc6aa87b4c
Original publication
Last verified by BullBD
Translation
BullBD
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