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LANKABAFIN

All Eps Dividend Board Agm Q1 Q2 Q3

LANKABAFIN 10-Jun-2021

(Continuation news of LANKABAFIN): Moreover, the benefit of this reduced cost of fund will be transferred to some extent to the end-clients as we are having to reduce the lending rate gradually considering the excess liquidity in the banking sector and low credit demand in the private sector. So, the impact of this fund in terms of profitability per se is very negligible." (end)

LANKABAFIN 10-Jun-2021

(Continuation news of LANKABAFIN): We have taken foreign currency loan before and will take such loans in the future too. The loan amount of USD 15 million is only around 2% of the borrowing portfolio of LankaBangla Finance Limited and only 1.6% of the total assets. The foreign currency loan has reduced the overall cost of fund by a meager 0.04%. (cont.5)

LANKABAFIN 10-Jun-2021

(Continuation news of LANKABAFIN): The news also mentioned that we took the first foreign currency loan in 2020, which we, in fact, took in 2019. However, recently some of the mainstream newspapers have covered the news upon officially communicating with us. As a financial intermediary, borrowing is a regular part of our business. We take deposits, frequently borrow from local and multinational banks, borrow from the money market, issue bonds to raise fund. (cont. 4)

LANKABAFIN 10-Jun-2021

(Continuation news of LANKABAFIN): foreign funding support will help revitalizing the COVID affected business sectors of the country and contribute towards sustainable economic growth. While publishing the news on the online newspaper "banijjoprotidin.com" regarding the foreign currency loan, no one from the newspaper has either contacted us or has been contracted by us. The newspaper has mistaken the name of the lender in the report. (cont. 3)

LANKABAFIN 10-Jun-2021

(Continuation news of LANKABAFIN): upon receiving approval from Bangladesh Bank through a letter bearing reference number FEPD(UDG)7002/2021-1827 dated March 29, 2021. The loan facility from BlueOrchard is for five years and will be repaid semiannually. This fund thus raised will be utilized to cater to the financing needs of the small and medium enterprises (SMEs), emerging corporations, and green and sustainable projects. LankaBangla's such endeavor to obtain this kind of loan-term (cont. 2)

LANKABAFIN 10-Jun-2021

In response to a DSE query dated June 09, 2021, regarding clarification on recent news published in the newspaper, the Company has informed that "We would like to confirm you that LankaBangla Finance Limited has received a foreign currency loan of USD 15 million from BlueOrchard Microfinance Fund managed by Switzerland based impact fund manager blueOrchard Finance Limited on May 27, 2021 (cont. 1)

LANKABAFIN 08-Jun-2021

The Company has informed that it has disbursed the cash dividend for the year ended on December 31, 2020 to the respective shareholders.

LANKABAFIN 01-Jun-2021

(cont. of LANKAFIN): b. Due to high turnover, stock brokerage income increased by BDT 363 million. c. Operating expenses of the Group decreased by BDT 39 million due to taken few strategic measures. (end)

LANKABAFIN 01-Jun-2021

Reason for deviation in EPS of the Company: EPS increased to 0.41 by 217% in YTD March 2021 from 0.13 of YTD March 2020. Significant reasons for variance are: a. By utilizing bullish capital market, income from capital market investment increased by BDT 216 million while provision charge for diminution in value of investments reduced by BDT 54 million. (cont.1)

LANKABAFIN 01-Jun-2021

(Q1 Un-audited): Consolidated EPS was Tk. 0.41 for January-March 2021 as against Tk. 0.13 for January-March 2020. Consolidated NOCFPS was Tk. 1.54 for January-March 2021 as against Tk. 5.63 for January-March 2020. Consolidated NAV per share was Tk. 19.15 as on March 31, 2021 and Tk. 18.73 as on March 31, 2020.

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