BRPD Circular Letter No. 14: Single Borrower Exposure Limit

The directive exempts banks from the single borrower exposure limit instructions outlined in BRPD Circular No. 02 when providing bank guarantees for the Padma Multi-purpose Bridge Construction Project. This exemption applies to all government and private scheduled banks operating in Bangladesh. The instruction takes immediate effect.

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Ref: BRPD Circular Letter No. 14
Circular No. 14
Banking Regulation and Policy Department Bangladesh Bank Head Office Dhaka. June 09, 2014 BRPD Circular Letter No. 14 Date: ------------------ 26 Jyestha, 1421 Managing Director / Chief Executive All Government and Private Scheduled Banks operating in Bangladesh Dear Sir, Reference:
Attention of all banks is drawn to BRPD Circular No. 02 dated January 16, 2014 on the subject cited above. Considering the importance of the Padma Bridge in the national economy and the government's priority in this regard, it has been decided that the instructions of the said circular shall not apply to the provision/issuance of Bank Guarantees by banks for the Padma Multi-purpose Bridge Construction Project. This instruction will come into effect immediately. Please acknowledge receipt. Yours faithfully, (Md. Anowarul Islam) Deputy General Manager Phone: 9530094

Lineage: In force

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This document amends: BRPD Circular No. 02: Single Borrower Exposure Limit

Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works