Corporate DisclosureSTANDBANKL

STANDBANKL Corporate Disclosure — 9 June 2020

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Announcement summary

What happened
STANDBANKL published a corporate disclosure on 9 June 2020. Read the full announcement for details.
Company
Standard Islami Bank PLC.
Announcement published

Original announcement

Emphasis of Matter: We draw attention to Note 2.1 (xviii) of the notes to the financial statements where the management has described the possible effects of IFRS 16 "Leases". Our report is not qualified in this regard. Note 2.1 (xviii) Implication of 16 "Leases": The Bank currently has lease agreements at 131 (One hundred thirty-one) of its branch offices and has incurred Tk. 37,76,83,552.00 as expenses on the lease payments. (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aceb25a6b0000400570de
Original publication
Last verified by BullBD
Translation
BullBD
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