Regulatory Alerts2023-06-15
Added
BRPD Circular Letter No. 18: Paid-up Capital of branch-based bank-companies and branchless digital bank-companies
The document establishes a minimum paid-up capital requirement of BDT 50 billion for branch-based bank companies and any new bank companies to be established, and sets the minimum paid-up capital at BDT 12.5 billion for branchless digital bank companies. These requirements are issued under Section 13 of the Bank Companies Act, 1991, and apply to all scheduled banks operating in Bangladesh.
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