Corporate DisclosureILFSL

ILFSL Corporate Disclosure — 18 July 2019

Published
Last verified by BullBD

Announcement summary

What happened
ILFSL published a corporate disclosure on 18 July 2019. Read the full announcement for details.
Company
International Leasing & Financial Services Limited
Announcement published

Original announcement

(Continuation news of ILFSL): Hence the shortfall in regulatory capital is BDT 846,571,074 which is 21% lower than the minimum regulatory capital requirement (3) Reference Note No.- 6.1.2.4: Other Loan: As per sec. 14(1) Ga of Financial Institution Act 1993 (as amended), the outstanding amount of exposer to a single person/counterparty or a group shall not exceed 30% of the capital at any point of time without the prior approval of the Bangladesh Bank. However, ILFSL has (cont. 8)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b0000400596b4
Original publication
Last verified by BullBD
Translation
BullBD
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