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 2022 (20).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. (0.13) for July-September, 2022 as against Tk. (0.15) for July-September, 2021; EPS was Tk. (0.11) for January-September, 2022 as against Tk. (0.47) for January-September, 2021. NOCFPS was Tk. (0.60) for January-September, 2022 as against Tk. (0.15) for January-September, 2021. NAV per share was Tk. (18.25) as on September 30, 2022 and Tk. (18.01) as on September 30, 2021.
- Reschedule of Board Meeting schedule under LR 16(1)
The Company has further informed that due to unavoidable circumstances a meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on October 27, 2022 instead of October 20, 2022 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- 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 20, 2022 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2022.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.15 for April-June 2022 as against Tk. (0.17) for April-June 2021; EPS was Tk. 0.02 for January-June 2022 as against Tk. (0.32) for January-June 2021. NOCFPS was Tk. (0.39) for January-June 2022 as against Tk. 0.67 for January-June 2021. NAV per share was Tk. (18.12) as on June 30, 2022 and Tk. (17.86) as on June 30, 2021.
- 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 July 14, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2022.
- Resumption after record date
Trading of the shares of the Company will resume on 12.05.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 11.05.2022.
- 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 with cum benefit from 08.05.2022 to 10.05.2022. Trading of the shares of the Company will remain suspended on record date i.e., 11.05.2022.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. (0.13) for January-March 2022 as against Tk. (0.15) for January-March 2021. NOCFPS was Tk. (0.29) for January-March 2022 as against Tk. 0.13 for January-March 2021. NAV per share was Tk. (18.27) as on March 31, 2022 and Tk. (17.69) as on March 31, 2021.
- 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 20, 2022 at 2:10 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2022.
- (Continuation news of ICBIBANK): Negative equity of Tk. 12,054.07 million as at 31 December 2021 and capital adequacy ra
(Continuation news of ICBIBANK): Negative equity of Tk. 12,054.07 million as at 31 December 2021 and capital adequacy ratio of (137.41\%) as against minimum of 12.50\%; Profit paying deposits aggregates to BDT 8,762.74 million as against the profit earning investment of BDT 1,619.75 million as at 31 December 2021; Overall 80.80\% of investment of the bank is classified. Six legal cases have been initiated by the erstwhile promoters against (cont.4)
The first part of this announcement is missing from the archive. - (Continuation news of ICBIBANK): Bangladesh Bank in connection with forfeiture of their shares, the present majority sha
(Continuation news of ICBIBANK): Bangladesh Bank in connection with forfeiture of their shares, the present majority shareholders of ICBIBL 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. (cont.5)
The first part of this announcement is missing from the archive. - (Continuation news of ICBIBANK): The Bank had presented its financial statements for the year ended 31st December 2021 o
(Continuation news of ICBIBANK): The Bank had presented its financial statements for the year ended 31st December 2021 on a going concern basis. The initiatives taken by the Bank are cost optimisation, profit maximisation 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. Bangladesh Bank had allowed us to pay the frozen deposits within 4th November 2021. (cont.6)
The first part of this announcement is missing from the archive. - (Continuation news of ICBIBANK): We had applied to Bangladesh Bank on 1st November 2021 for next five years moratorium.
(Continuation news of ICBIBANK): We had applied to Bangladesh Bank on 1st November 2021 for next five years moratorium. We are waiting for the response of Bangladesh Bank for the moratorium of frozen deposits. (end)
The first part of this announcement is missing from the archive. - The auditor of the ICB Islamic Bank Limited has given the \"Material Uncertainty Related to Going Concern\" paragraphs o
The auditor of the ICB Islamic Bank Limited has given the \"Material Uncertainty Related to Going Concern\" paragraphs on the audited financial statements for the year ended December 31, 2021. 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. 19,236.25 million (2020; Tk. 18,841.43 million) for the year ended 31 December 2021; (cont.1)
- (Continuation news of ICBIBANK): Negative equity of Tk. 12,054.07 million (2020; Tk. 11,659.25 million) as at 31 Decembe
(Continuation news of ICBIBANK): Negative equity of Tk. 12,054.07 million (2020; Tk. 11,659.25 million) as at 31 December 2021 and capital adequacy ratio of (137.41\%) (2020; -133.16\%) as against minimum of 12.50\% (2020; 12.50\%); Profit paying deposits aggregates to BDT 8,762.74 million (2020; Tk. 7,447.01 million) as against the profit earning investment of BDT 1,619.75 (2020: Tk. 1,852.56 million) as at 31 December 2021; Overall 80.80\% (2020: 78.37\%) of investment of the bank is classified. (cont.2)
The first part of this announcement is missing from the archive. - Material Uncertainty Related to Going Concern
(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 Going concern assumption: The Bank has an accumulated loss of Tk. 19,236.25 million for the year ended 31 December 2021; (cont.3)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (27.03.2022) following its corporate declaration.
- Dividend Declaration
The Board of Directors has recommended No Dividend for the year ended December 31, 2021. Date of AGM: 14.07.2022, Time: 10:30 AM, Venue: Digital Platform. Record Date: 11.05.2022. The Company has also reported EPS of Tk. (0.59), NAV per share of Tk. (18.13) and NOCFPS of Tk. 0.44 for the year ended December 31, 2021 as against Tk. (0.28), Tk. (17.54) and Tk. (0.07) respectively for the same period of the previous year.
- Board Meeting schedule under LR 19(1)
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 24, 2022 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.