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): (65.83%) and (62.54%) respectively. Leases, loans and advances to Deposit is 1.02:1. The Cost of fund increase as 12.29% comparing with previous year as 12.03%. The main source of cash inflows are the interest on lease, loan and advance. However, Total 90.31% of leases, loans and advances are classified. So, the company is under liquidity crisis to meet up their depositor's demand. As well as, dependency increase on the short term borrowing. (cont.7)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040054ca5
Original publication
Last verified by BullBD
Translation
BullBD
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