Corporate DisclosureSBACBANK
SBACBANK Corporate Disclosure — 6 October 2021
Announcement summary
- What happened
- SBACBANK published a corporate disclosure on 6 October 2021. Read the full announcement for details.
- Company
- SBAC Bank PLC.
- Announcement published
Original announcement
(Continuation news of SBACBANK): Due to severe impact of Covid 19, Government has taken various measures to facilitate the affected NBFI to regenerate its regular operation. The Bank assess the recoverability of the balance of the NBFI and conclude that no additional impairment provision is required. However, using prudence, the Bank has not accrued interest for the period if not realized. (cont.3)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace4e5a6b00004005238f
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from SBACBANK
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.