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): We have taken foreign currency loan before and will take such loans in the future too. The loan amount of USD 15 million is only around 2% of the borrowing portfolio of LankaBangla Finance Limited and only 1.6% of the total assets. The foreign currency loan has reduced the overall cost of fund by a meager 0.04%. (cont.5)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040053422
Original publication
Last verified by BullBD
Translation
BullBD
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