DID Circular No. 01: Submission of statement/information regarding preparation of deposit insurance premium

Bangladesh Bank Head Office Post Box No.‐325 Deposit Insurance Department Dhaka www.bb.org.bd Circular No.‐ DID‐01/2011 Managing Director/Chief Executive All Scheduled Banks in Bangladesh Dear Sir, Submission of Statement/information   Regarding the Determination of Deposit Insurance Premium.   Please refer to DOS Circular Letter No. 01, dated on January 10, 2007 of Department of Off‐site Supervision (DOS) on the captioned subject. 01. All the scheduled banks in Bangladesh has been instructed to submit necessary information regarding deposit insurance to Department of Off‐site Supervision (DOS) in prescribed format for the calculation of deposit insurance premium. Recently, a new department named Deposit Insurance Department (DID) has been formed and functioned in Bangladesh Bank through conjoining two sections (Deposit Insurance Section & Liquidated Bank Section) of Department of Off‐site Supervision. Hence, banks are devised to submit necessary information regarding deposit insurance as per attached format to this department instead of Department of Off‐site Supervision in the same procedure. 02. This circular will be effective from the half yearly period ended on June 30, 2011. Please acknowledge receipt.        Yours faithfully, Enclosure: As described              Signed/‐             (Md. Abdul Huque)           General Manager Phone‐ 7126101‐14/2750 E‐mail: gm.did@bb.org.bd    Date:     22 Ashar, 1418 06 July, 2011