Corporate DisclosureISLAMIINS

ISLAMIINS Corporate Disclosure — 12 August 2020

Published
Last verified by BullBD

Announcement summary

What happened
ISLAMIINS published a corporate disclosure on 12 August 2020. Read the full announcement for details.
Company
Islami Insurance Bangladesh Limited
Announcement published

Original announcement

(Continuation news of ISLAMIINS): IFRS 16: Leases effective from annual periods beginning on or after January 1, 2019 has changed how the lessee accounts for its operating lease contracts. The company leases a number of office space in addition to service sites. IFRS 16 requires all contracts that contain a lease to be recognized on the balance sheet as a right-of-use asset and lease liability (cont. 3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b00004005670b
Original publication
Last verified by BullBD
Translation
BullBD
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