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): Therefore, timely recovery of a number of loans might be at risk. As a result, non-earning assets (SMA and NPL) may rise at the end of 2020 (if the existing waiver of classification is not further extended) resulting significant provision and interest suspense. Response to address the COVID-19 Effects: However, the COVID-19 virus can evolve in various directions. If society, and as a (cont. 10)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056fac
Original publication
Last verified by BullBD
Translation
BullBD
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