RegulatoryFASFIN
Brokers Asked to Suspend Margin Loans for FASFIN Shares
Announcement summary
- What happened
- Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of FASFIN shares.
- Company
- FAS Finance & Investment Limited
- Announcement published
Original announcement
(Continuation news of FASFIN): 3. As per Bangladesh Bank letter reference no. DFIM (C) 1054/10/2022-2808 dated: 29 September 2022, the shortfall of loan loss provision for classified loan stood at BDT 8,728,177,464, among which FAS Finance had kept BDT 728,177,464 as loan loss provision for the year ended 31 December 2021 and the rest BDT 8,000,000,000 will be deferred from 2022 to 2029. 4. According to BSEC directive dated, (cont.5)
বাংলা অনুবাদ — BullBD
This is a BullBD translation of the published corporate disclosure.
(ফাসফিনের ধারাবাহিক সংবাদ): 3. বাংলাদেশ ব্যাংকের চিঠির রেফারেন্স নং অনুযায়ী। DFIM (C) 1054/10/2022-2808 তারিখ: 29 সেপ্টেম্বর 2022, শ্রেণীবদ্ধ ঋণের জন্য ঋণ ক্ষতির বিধানের ঘাটতি ছিল 8,728,177,464 টাকা, যার মধ্যে FAS ফাইন্যান্স 728,177,464 টাকা ডিসেম্বরের শেষের ঋণ ক্ষতির বিধান হিসাবে রেখেছিল321 এবং বাকি 8,000,000,000 টাকা 2022 থেকে 2029 পর্যন্ত পিছিয়ে দেওয়া হবে।
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 636380b9b2c25841949ba207
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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