Corporate DisclosureLANKABAFIN
LANKABAFIN Corporate Disclosure — 10 June 2021
Announcement summary
- What happened
- LANKABAFIN published a corporate disclosure on 10 June 2021. Read the full announcement for details.
- Company
- LankaBangla Finance PLC.
- Announcement published
Original announcement
(Continuation news of LANKABAFIN): Moreover, the benefit of this reduced cost of fund will be transferred to some extent to the end-clients as we are having to reduce the lending rate gradually considering the excess liquidity in the banking sector and low credit demand in the private sector. So, the impact of this fund in terms of profitability per se is very negligible." (end)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b000040053421
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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