DOS Circular Letter No. 27: Intermission of Core Banking Services and Agent Banking Services of Dutch-Bangla Bank PLC due to Migration to New Core Banking Software

The Department of Offsite Supervision grants consent for Dutch-Bangla Bank PLC to temporarily suspend its core banking services from January 1, 2025, to January 5, 2025, and its agent banking services from December 30, 2024, to January 5, 2025. This approval is issued under the powers conferred by Section 45 of the Bank Company Act, 1991, to facilitate the bank's migration to new core banking software.

Get BB alerts — same-day email on every new publication.

50 119
Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Bangladesh
Department of Offsite Supervision
DOS Circular Letter No.-27 Date:
19 Agrahayan 1431
04 December 2024
Managing Director/Chief Executive Officer
All Scheduled Banks operating in Bangladesh.
Context: Temporary suspension of Core Banking Services and Agent Banking Services of Dutch-Bangla Bank PLC for the purpose of migration to new Core Banking Software. Dear Sir, With reference to the application of Dutch-Bangla Bank PLC, consent is hereby given to temporarily suspend Core Banking Services from 01 January 2025 to 05 January 2025 and Agent Banking Services from 30 December 2024 to 05 January 2025, for the purpose of smoothly executing the migration to new Core Banking Software. This consent is granted under the powers conferred by Section 45 of the Bank Company Act, 1991. Yours faithfully,

(Mizanur Rahman Akon)
Director (DOS)
Phone: 9530093

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works