Regulatory Alerts2023-10-08
Added
DOS Circular Letter No. 23: Intermission of Banking Operations of Prime Bank Limited due to Data Centre Relocation
The Department of Offsite Supervision grants approval for Prime Bank Limited to temporarily suspend its banking operations from 02:00 on October 24, 2023, until 17:00 on October 28, 2023, to facilitate the relocation of its data center. This consent is issued under the powers conferred by Section 45 of the Bank Company Act, 1991, in response to the bank's application.
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