Regulatory Alerts2008-04-28
Added · Updated
BRPD Circular Letter No. 05: Resumption of the banking business of The Oriental Bank Limited
The moratorium order for The Oriental Bank Limited is withdrawn effective 5 May 2008, allowing the resumption of its banking business. This action follows a notification dated 22 April 2008 issued by the Ministry of Finance. All scheduled banking companies functioning in Bangladesh are required to acknowledge receipt and take necessary actions regarding this withdrawal.
Banking Regulation & Policy Department Bangladesh Bank Head Office Dhaka BRPD Circular Letter No. 05 28 April 2008 Date: ------------------------ 15 Baishakh 1415 The Chief Executives All Scheduled Banking-Companies functioning in Bangladesh Dear Sirs, Resumption of the banking business of The Oriental Bank Limited. The Moratorium Order issued under section 77(2) of the Banking Companies Act, 1991 has been withdrawn from 5 May 2008 by the Government for resumption of banking business of The Oriental Bank Limited. A notification no. OM/OBI/BA: NI: SHA-1/11(21)/97(ANGSHA-1)/93 dated 22 April 2008 issued by the Ministry of Finance on the above subject is forwarded herewith for your information and necessary actions. Please acknowledge receipt. Yours Sincerely, Sd/- (Md. Jahangir Alam) General Manager Phone- 7117825
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.