Corporate DisclosureLANKABAFIN

LANKABAFIN Corporate Disclosure — 17 June 2020

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Last verified by BullBD

Announcement summary

What happened
LANKABAFIN published a corporate disclosure on 17 June 2020. Read the full announcement for details.
Company
LankaBangla Finance PLC.
Announcement published

Original announcement

(Continuation news of LANKABAFIN): consequence business, is exposed to COVID-19 for a longer period of time, this may result in prolonged negative results and pressure on our liquidity and profitability. However, LBFL has taken various measures to keep the Company?s going concern status. Also, management assessment on current loan portfolio depicts that 10% of the borrowers are in low risk, 63% borrowers in (cont. 11)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056fab
Original publication
Last verified by BullBD
Translation
BullBD
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