RegulatorySBACBANK

Brokers Asked to Suspend Margin Loans for SBACBANK Shares

Published
Last verified by BullBD

Announcement summary

What happened
Brokers and merchant bankers were asked to stop providing margin-loan facilities for purchases of SBACBANK shares.
Company
SBAC Bank PLC.
Announcement published

Original announcement

DSE NEWS: The Stock Brokers, Merchant Bankers and Portfolio Managers are requested to abstain from providing loan facilities to purchase securities of South Bangla Agriculture & Commerce Bank Limited in between 1st to 30th trading day starting from today i.e. August 11, 2021 as per BSEC Directive No. SEC/CMRRCD/2009-193/177 and BSEC Order No. SEC/CMRRCD/2009-193/178 dated October 27, 2015.

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace4e5a6b000040052cb7
Original publication
Last verified by BullBD
Translation
BullBD
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