2012-10-17
Added · Updated
Bangladesh Bank instructs all scheduled banks in Bangladesh to display a notice board regarding the deposit insurance system at their head offices and all branch offices in a noticeable location. This requirement applies to notifying depositors about the protection of their deposits, risk reduction, market discipline, and financial sector stability as per the attached sample. The instruction references BRPD Circular No. 11 dated October 27, 1996, and requires acknowledgment of receipt.
Bangladesh Bank Head Office Post Box No.‐325 Deposit Insurance Department Dhaka www.bb.org.bd Circular No.‐ DID‐03/2012 Managing Director/Chief Executive All Scheduled Banks in Bangladesh Dear Sir, Regarding the Public Awareness about Deposit Insurance Systems. Please refer to BRPD Circular No. 11, dated on October 27, 1996 of Banking Regulation & Policy Department (BRPD) on the captioned subject. It is essential to increase public awareness regarding the protection of bank depositor’s deposit, reducing risk, market discipline & stability of financial sector through Deposit Insurance System. Therefore, it has been instructed to make a display board & place it in your Head Office along with all branch offices in a noticeable place to notify depositors about the aforesaid systems as per the attached sample. Please acknowledge receipt. Yours faithfully, Enclosure: 01 (One) (Khagesh Chandra Debnath) General Manager Phone‐ 9530179 E‐mail: gm.did@bb.org.bd 02 Kartik, 1419 17 October, 2012 Date:
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