Corporate DisclosureFIRSTFIN
FIRSTFIN Corporate Disclosure — 24 November 2021
Announcement summary
- What happened
- FIRSTFIN published a corporate disclosure on 24 November 2021. Read the full announcement for details.
- Company
- First Finance Limited
- Announcement published
Original announcement
(Continuation news of FIRSTFIN): provision shortfall against leases, loans and advances. The provision recorded by the Company as at 31 December 2020 has a shortfall of BDT 984,100,000 which the Company has obtained permission from Bangladesh Bank (through letter no DFIM(c) 1054/142/2021-2396 dated 02 November 2021) to adjustment over a period of 7 years from 2020-2026. After making the necessary adjustments for the current year, the current provision against (cont.10)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 619dd19803147376ea41e410
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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