2025-07-21

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DFIM Circular Letter No. 16: On the occasion of 'July Mass Uprising Day' all finance companies will remain closed on August 5, 2025

Finance companies operating in Bangladesh must close all business centers, branches, and booths on Tuesday, August 5, 2025, as the government has declared 'July Mass Uprising Day' a general holiday. This directive is issued under the authority granted by Section 41(2)(d) of the Finance Company Act, 2023, referencing Government Notification No. 04.00.0000.000.416.23.0001.20.407 dated July 2, 2025.

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Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh. Ref No: DFIM Circular Letter No. 16 To: Managing Director / Chief Executive Officer All Finance Companies operating in Bangladesh.

Dear Sir,

Reference is made to Government Notification No. 04.00.0000.000.416.23.0001.20.407 dated July 2, 2025, of the Ministry of the Cabinet Division, Government of the People's Republic of Bangladesh, regarding the closure of finance companies on the occasion of the government declaring August 5 as 'July Mass Uprising Day' as a general holiday.

  1. In accordance with the aforementioned notification, the Government has declared August 5 as 'July Mass Uprising Day' as a general holiday. Therefore, all business centers, branches, and booths of finance companies will remain closed on Tuesday, August 5, 2025 (for 1 day).

  2. This directive is issued under the power conferred by Section 41(2)(d) of the Finance Company Act, 2023.

Yours faithfully,

Attachment: As above.

(Gautam Kumar Ghosh) Director (DFIM) Phone: 9530178. 06 Srabon 1432 Date: July 21, 2025 Official Institution and Market Division