Corporate DisclosureICBIBANK

ICBIBANK Corporate Disclosure — 4 December 2018

Published
Last verified by BullBD

Announcement summary

What happened
ICBIBANK published a corporate disclosure on 4 December 2018. Read the full announcement for details.
Company
ICB Islamic Bank Limited
Announcement published

Original announcement

(Continuation news of ICBIBANK): ii) As referred in note 26.1.1 to the financial statements, total penalty realized from different customers amounting to Tk. 11,952,518.00 had been considered as other operating income of the Bank during the year 2017. Had the bank accounted for this penalty as per Shariah guideline under section 2(2) of BRPD Circular no. 15/2009 dated 09/11/2009, the net loss of the bank would have been increased by Taka 11,952,518.00 for the year 2017. (end)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005b02a
Original publication
Last verified by BullBD
Translation
BullBD
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