Regulatory Alerts2022-04-20
Added
DOS Circular Letter No. 13: Intermission of Banking Operations of EXIM Bank Ltd. due to Upgradation of existing Core Banking Software
The Department of Off-Site Supervision of the Bangladesh Bank grants consent for EXIM Bank Ltd. to temporarily suspend banking operations from 8:00 PM on April 28, 2022, until 10:00 AM on May 5, 2022, to facilitate the upgrade of its existing core banking software. This approval is issued under the authority of Section 45 of the Bank Company Act, 1991, and is directed to the Managing Directors or Chief Executive Officers of 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.-13 Date: 07 Baisakh 1428 20 April 2022 Managing Director/Chief Executive Officer All Scheduled Banks operating in Bangladesh. Regarding temporary suspension of banking transactions of EXIM Bank Ltd. for the purpose of performing the upgrade of existing Core Banking Software. Dear Sir, Consent is hereby given to the application of the aforementioned bank to temporarily suspend banking operations from 8:00 PM on April 28, 2022, until 10:00 AM on May 5, 2022, for the purpose of performing the upgrade of the existing core banking software of EXIM Bank Ltd. This consent is given under the powers vested in Section 45 of the Bank Company Act, 1991. Yours faithfully, (Md. Anowarul Islam) Deputy General Manager Phone: 9530093