Corporate DisclosureFAREASTFIN
FAREASTFIN Corporate Disclosure — 23 September 2020
Announcement summary
- What happened
- FAREASTFIN published a corporate disclosure on 23 September 2020. Read the full announcement for details.
- Company
- Fareast Finance & Investment Limited
- Announcement published
Original announcement
(Continuation news of FAREASTFIN): cast doubt and may arise additional expected credit losses of the company. Note - 8.9.1 Shortfall of provision for loans, advances and leases, other assets and balance with other banks and financial institutions: According to the company's request, Bangladesh Bank has given 5 (five) years time i.e. 2019, 2020, 2021, 2022 and 2023 for maintaining equally the required provision/provision shortfall of Tk. 94.57 crore as on 31 December 2019 (cont. 5)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b00004005611c
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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