Corporate DisclosureFAREASTFIN
FAREASTFIN Corporate Disclosure — 19 September 2022
Announcement summary
- What happened
- FAREASTFIN published a corporate disclosure on 19 September 2022. Read the full announcement for details.
- Company
- Fareast Finance & Investment Limited
- Announcement published
Original announcement
(Continuation news of FAREASTFIN): reserves shall not be less than the minimum capital required under the Risk Based Assets of the company, as criteria determined by the Bangladesh Bank. However, during the year ended December 31,2020 the eligible capital of the company is Tk. 224,491,787 and the shortfall of regulatory required capital of Tk. 775,508,213 compared to minimum requirement. 3. In the notes # 5.4 shown fixed deposit accounts with Bangladesh Industrial Finance Co. (cont.4)
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
- 63282c0db2c2584194a7b8de
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from FAREASTFIN
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.