Regulatory Alerts2024-12-19
Added
DOS Circular Letter No. 29: Intermission of Banking Services of National Bank Limited due to Migration to New Core Banking Software
The Department of Offsite Supervision grants consent for National Bank Limited to temporarily suspend all banking services for five days, including two weekends, from 31 December 2024 to 4 January 2025 to facilitate the migration to a new Core Banking System. This approval is issued under the powers conferred by Section 45 of the Bank Companies Act, 1991, and applies to all scheduled banks operating in Bangladesh.
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