Corporate DisclosureILFSL

ILFSL Corporate Disclosure — 27 December 2020

Published
Last verified by BullBD

Announcement summary

What happened
ILFSL published a corporate disclosure on 27 December 2020. Read the full announcement for details.
Company
International Leasing & Financial Services Limited
Announcement published

Original announcement

(Continuation news of ILFSL): provision against Lease, Loans and Advances due to charging excess interest suspense during the year by the ILFSL. 05. Reference Note # 04, IFRS 09 requires that the company measures loss allowances for financial assets at an amount equal to Lifetime Expected Credit Loss (ECL) when the credit risk of a financial asset has increased signi?cantly. However, no provision for loss allowance has been maintained in the financial (cont.15)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054c9d
Original publication
Last verified by BullBD
Translation
BullBD
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