Corporate DisclosureLANKABAFIN

LANKABAFIN Corporate Disclosure — 17 June 2020

Published
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): Company?s incremental business has been affected. ? Loan/lease/advance classification?s holiday/moratorium until 30 June 2020 proclaimed by Bangladesh Bank through DFIM circular no. 01, dated 24 March 2020 has affected favorably on the LBFL?s earnings as there is no need to keep additional provision for any defaulted loans until June 30, 2020. However, this has (cont. 7)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056faf
Original publication
Last verified by BullBD
Translation
BullBD
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