Corporate DisclosureUTTARABANK

UTTARABANK Corporate Disclosure — 18 June 2020

Published
Last verified by BullBD

Announcement summary

What happened
UTTARABANK published a corporate disclosure on 18 June 2020. Read the full announcement for details.
Company
Uttara Bank PLC.
Announcement published

Original announcement

(Continuation news of UTTARABANK): to the financial statements for the adoption of this new accounting standard. As a result, the Bank has prepared their financial statements using IAS 17 which is the accounting standard for leases preceding IFRS 16. This is a departure from International Financial Reporting Standards (IFRS). Adopting IFRS 16 will lead to changes in the presentation and disclosure (cont. 3)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040056f7c
Original publication
Last verified by BullBD
Translation
BullBD
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