Corporate DisclosureLANKABAFIN

LANKABAFIN Corporate Disclosure — 10 June 2021

Published
Last verified by BullBD

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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