Regulatory Alerts2024-07-14
Added · Updated
DOS Circular Letter No 19: Intermission of Banking Operations of IFIC Bank PLC due to CBS Up gradation
The Department of Offsite Supervision grants consent for IFIC Bank PLC to temporarily suspend all banking operations on Thursday, 18 July 2024 to complete Core Banking Solution (CBS) upgrade work. This approval is issued under the powers conferred by Section 45 of the Bank Company Act, 1991, upon the bank's application.
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