Regulatory Alerts2025-09-24
Added
DOS Circular Letter No. 17: Temporary Intermission of Banking Operations of Midland Bank PLC for Core Banking System Upgradation
The Department of Offsite Supervision grants consent for Midland Bank PLC to temporarily suspend all banking operations for three days, from 08:00 AM on October 1, 2025, to 08:00 AM on October 4, 2025, to facilitate Core Banking System upgradation. This suspension covers branches, sub-branches, agent banking, debit cards, ATMs, BSPS, BEFTN, RTGS, and NPSB. The approval is issued under the powers conferred by Section 45 of the Bank Company Act, 1991.
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