No loan to buy AB Bank stocks


FE Team | Published: May 05, 2018 21:17:18


No loan to buy AB Bank stocks


The stock brokers and merchant bankers are requested to abstain from providing loan facilities to purchase securities of AB Bank Limited with effect from today (Sunday) as per a BSEC directive. The bank will be placed in "Z" category from existing "A" category with effect from today (Sunday) as the company has recommended no dividend for the year ended on 31 December 2017.

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