Corporate DisclosureICBIBANK

ICBIBANK Corporate Disclosure — 26 May 2019

Published
Last verified by BullBD

Announcement summary

What happened
ICBIBANK published a corporate disclosure on 26 May 2019. Read the full announcement for details.
Company
ICB Islamic Bank Limited
Announcement published

Original announcement

(Continuation news of ICBIBANK): Overall 82% of investment of the bank is classified; recovery from certain non-performing investments as well as non-banking assets acquired in satisfaction of the investments (land and properties) are dependent on the outcome of the ongoing litigations in relation to such investments and properties and further injection of equity capital depends upon resolution of status-quo on transfer of forfeited shares by Bangladesh Bank against previous owners. (cont.5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b000040059b54
Original publication
Last verified by BullBD
Translation
BullBD
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