2020-09-21: Cont1-Auditor's Opinion

FAREASTFIN(cont1): According to the company's request, Bangladesh Bank has given 5 (five) years time i.e. 2019, 2020, 2021, 2022 and 2023 for maintaining equally the required provision/provision shortfall of Tk. 94.57 crore as on 31 December 2019 for loans, advances and leases, other assets and balance with other banks and financial institutions as per the letter # DFIM(C) 1054/09/2020-1420 dated 25 August 2020. Total shortfall of provision of Tk. 756,534,714 as on 31 December 2019. 2. We draw attention to note- 2.40 in the financial statements, which indicates that the Company incurred a net loss of Tk. 717,997,592 during the year ended December 31,2019 and,(cont2)