Regulatory Alerts2024-06-06
Added · Updated
DFIM Circular Letter No. 21: Keeping finance company branches closed in the election areas on 09th June, 2024 for the General Election of 21 Upazila Parishads
Finance companies operating in Bangladesh are directed to close all business centers, branches, and booths in the specified election areas on June 9, 2024, in accordance with a gazette notification from the Ministry of Public Administration. This directive is issued under the authority granted by Section 41(2)(d) of the Finance Company Act, 2023, to ensure compliance with the general election schedule for 21 Upazila Parishads.
Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh.
DFIM Circular Letter No. 21
Managing Director / Chief Executive Officer All Finance Companies operating in Bangladesh.
Dear Sir,
Regarding the declaration of general holidays in the respective election areas on June 09, 2024, on the occasion of the General Election of 21 Upazila Parishads.
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In accordance with Gazette Notification Number-05.00.0000.173.08.020.24-71 dated June 05, 2024, issued by the Ministry of Public Administration, all business centers, branches, and booths of finance companies located in the respective election areas will remain closed on June 09, 2024, on the occasion of the General Election of 21 Upazila Parishads (list attached).
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This directive is issued under the powers conferred by Section 41(2)(d) of the Finance Company Act, 2023.
Yours faithfully,
Attachment: As per list.
(Md. Asaduzzaman Khan) Director (DFIM) Phone: 9530178.
Date: 06 June 2024
Department of Financial Institutions and Markets