Regulatory Alerts2019-05-23
Added · Updated
BRPD Circular Letter No. 08: Regarding Deposit of Government, Semi-Government, Autonomous and Semi-Autonomous Bodies' Own Fund or Fund Received under Annual Development Program (ADP)
The document advises all scheduled banks operating in Bangladesh to ensure strict compliance with the instructions contained in a memorandum dated May 20, 2019, issued by the Ministry of Finance and the Department of Financial Institutions. These instructions specifically concern the deposit of funds received under the Annual Development Program (ADP) as well as the own funds of government, semi-government, autonomous, and semi-autonomous bodies. The directive serves as a formal reminder to adhere to the regulatory requirements outlined in the referenced government communication.
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