Regulatory Alerts2022-03-29
Added
DOS Circular Letter No. 09: Intermission of Banking Services of Jamuna Bank Limited due to Migration to New Core Banking Software
The Department of Off-Site Supervision grants consent for Jamuna Bank Limited to temporarily suspend banking operations from 12:01 AM on April 1, 2022, to 11:59 PM on April 6, 2022, to facilitate migration to new core banking software. This approval is issued under the powers conferred by Section 45 of the Bank Company Act, 1991, and applies to all scheduled banks operating in Bangladesh.
50 119 Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh Department of Off-Site Supervision DOS Circular Letter No.-09 Date: 15 Chaitra 1428 29 March 2022 Managing Director/Chief Executive Officer All Scheduled Banks operating in Bangladesh. Regarding temporary suspension of banking transactions of Jamuna Bank Limited for the purpose of migration to new core banking software. Dear Sir, With reference to the application of the aforementioned bank, consent is hereby granted to temporarily suspend banking operations from 12:01 AM on April 1, 2022, to 11:59 PM on April 6, 2022, for the purpose of migration to new core banking software of Jamuna Bank Limited. This consent is granted under the powers conferred by Section 45 of the Bank Company Act, 1991. Yours faithfully, (Md. Anowarul Islam) General Manager Phone: 9530093