ICB Islamic Bank Limited announcements
266 Dhaka Stock Exchange announcements for ICB Islamic Bank Limited (ICBIBANK) since 2008: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (21).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.15) for July-September, 2021 as against Tk. 0.17 for July-September, 2020; EPS was Tk. (0.47) for January-September, 2021 as against Tk. (0.15) for January-September, 2020. NOCFPS was Tk. (0.15) for January-September, 2021 as against Tk. 0.39 for January-September, 2020. NAV per share was Tk. (18.01) as on September 30, 2021 and Tk. (17.41) as on September 30, 2020.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 21, 2021 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. (0.17) for April-June 2021 as against Tk. (0.23) for April-June 2020; EPS was Tk. (0.32) for January-June 2021 as against Tk. (0.32) for January-June 2020. NOCFPS was Tk. 0.67 for January-June 2021 as against Tk. (0.44) for January-June 2020. NAV per share was Tk. (17.86) as on June 30, 2021 and Tk. (17.43) as on June 30, 2020.
- As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 13, 2021 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.
- Resumption after record date
Trading of the shares of the Company will resume on 16.05.2021 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 12.05.2021.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle from 06.05.2021 to 11.05.2021. Trading of the shares of the Company will remain suspended on record date i.e., 12.05.2021.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.15) for January-March 2021 as against Tk. (0.09) for January-March 2020. NOCFPS was Tk. 0.13 for January-March 2021 as against Tk. (0.15) for January-March 2020. NAV per share was Tk. (17.69) as on March 31, 2021 and Tk. (17.20) as on March 31, 2020.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 28, 2021 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.
- The auditor of the ICB Islamic Bank Limited has given the "Emphasis of Matter" paragraph in the Auditor's Report for the
The auditor of the ICB Islamic Bank Limited has given the "Emphasis of Matter" paragraph in the Auditor's Report for the year ended on 31 December 2020. Emphasis of Matter: "Material Uncertainty Related to Going Concern: We draw attention to Note 3.3 in the financial statements, which shows that the Bank has an accumulated loss of Tk. 18,841 million (2019: Tk. 18,654 million) for the year ended 31 December 2020); Negative equity of Tk. 11,659.25 million(cont.1)
- (Continuation news of ICBIBANK): (2019: Negative equity Tk. 11,374 million) as at 31 December 2020 and capital adequacy
(Continuation news of ICBIBANK): (2019: Negative equity Tk. 11,374 million) as at 31 December 2020 and capital adequacy ratio of (133.16%) (2019: -133.11%) as against minimum of 12.50% (2019: 12.50%); Profit paying deposits aggregates to BDT 7,447.01 million (2019: Tk 7,683 million) as against the profit earning investment of BDT 1,852.56 million (2019: Tk 1,350 million) as at 31 December 2020; Overall 78.37% (2019: 84.04%) of investment of the bank is classified. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ICBIBANK): As stated in Note 3.3, these events or conditions, along with other matters as set fort
(Continuation news of ICBIBANK): As stated in Note 3.3, these events or conditions, along with other matters as set forth in Note 3.3, indicate that a material uncertainty exists that may cast significant doubt on the Bank's ability to continue as a going concern. Our opinion is not modified in respect of this matter. "NOTE: 3.3- The Bank has an accumulated loss of Tk. 18,841.43 million for the year ended 31 December 2020; Negative equity of Tk. 1 ,659.25 million as at 31 December 2020(cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of ICBIBANK): and capital adequacy ratio of (133.16%) as against minimum of 12.50%; Profit paying dep
(Continuation news of ICBIBANK): and capital adequacy ratio of (133.16%) as against minimum of 12.50%; Profit paying deposits aggregates to BDT 7,447.01 million as against the profit earning investment of BDT 1,852.56 million as at 31 December 2020; Overall 78.37% of investment of the bank is classified. Six legal cases have been initiated by the erstwhile promoters against Bangladesh Bank in connection with forfeiture of their shares, the present majority shareholders of ICBIBL (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of ICBIBANK): are awaiting the outcome of these cases which are still pending in the Appellate Divisi
(Continuation news of ICBIBANK): are awaiting the outcome of these cases which are still pending in the Appellate Division of the Supreme Court for hearing. The management is optimistic about the cases that the final ruling of the court will be in favour of Bangladesh Bank which will pave the path for injecting fresh capital. The Bank had presented its financial statements for the year ended 31st December 2020 on a going concern basis. The Bank is trying to sell the two properties acquired (cont.5)
The first part of this announcement is missing from the archive. - (Continuation news of ICBIBANK): against settlement of Investments, namely, Kushal Centre and Bishal center which will f
(Continuation news of ICBIBANK): against settlement of Investments, namely, Kushal Centre and Bishal center which will fetch approximately BDT 180 crores. This amount will be absorbed in the Banks retained earnings as well as help in upgrading the Bank's present capital base. (cont.6)
The first part of this announcement is missing from the archive. - (Continuation news of ICBIBANK): The initiatives taken by the Bank are cost optimization, profit maximization through in
(Continuation news of ICBIBANK): The initiatives taken by the Bank are cost optimization, profit maximization through increasing loans and advances, launching new products, etc. The Bank is considering various options and plans to address the issue of working capital deficiency. The net loss of the Bank has decreased in the year 2020 by 55.81% compared to last financial year (2019). (end)
The first part of this announcement is missing from the archive. - The auditor of the ICB Islamic Bank Limited has given the "Emphasis of Matter" paragraph in the Auditor's Report for the
The auditor of the ICB Islamic Bank Limited has given the "Emphasis of Matter" paragraph in the Auditor's Report for the year ended on 31 December 2020. Emphasis of Matter: We draw attention to Note 3.1(xv) of the financial statements, which describes matters related to implementation of IFRS 16 Leases including preliminary assessment of its impact as assessed by management. Our opinion is not modified in respect of this matter.
- The auditor of the ICB Islamic Bank Limited has given the "Emphasis of Matter" paragraph in the Auditor's Report for the
The auditor of the ICB Islamic Bank Limited has given the "Emphasis of Matter" paragraph in the Auditor's Report for the year ended on 31 December 2020. Emphasis of Matter: We draw attention to Note 3.1(xv) of the financial statements, which describes matters related to implementation of 'IFRS 16 Leases' including preliminary assessment of its impact as assessed by management. Our opinion is not modified in respect of this matter.
- Dividend Declaration
The Board of Directors has recommended No Dividend for the year ended on December 31, 2020. Date of AGM: 13.07.2021, Time: 10:30 AM, Venue: Digital Platform. Record Date: 12.05.2021. The Company has also reported EPS of Tk. (0.28), NAV per share of Tk. (17.54) and NOCFPS of Tk. (0.07) for the year ended on December 31, 2020 as against Tk. (0.64), Tk. (17.11) and Tk. 0.02 respectively for the same period of the previous year.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (01.04.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
- As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on March 31, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.