DOS Circular No. 01: Submission of Statement regarding Large Loan download Form L

Website: www.bb.org.bd

Bangladesh Bank
Department of Off-Site Supervision
Dhaka.

DOS Circular No. 01
Date:
Falgun 28, 1419 Bangabda
March 12, 2013 AD

Chief Executive Officers
All Scheduled Banks operating in Bangladesh

Dear Sir,

Regarding the submission of Statement regarding Large Loan (Form 'L').

Reference is drawn to your attention to OS Circular No. 03/2003 dated 23-04-2003 of the Department of Off-Site Supervision and BRPD Circular No. 16/2005 dated 16-11-2005 of the Banking Regulation and Policy Department on the subject matter.

2. The aforementioned circulars advised scheduled banks to submit the Statement regarding Large Loan (Form 'L'). As part of the ongoing automation process at Bangladesh Bank, the existing 'L' form has been newly formulated with the addition of several pieces of information. This must be correctly filled and submitted to this Department via the DOTS system by the 10th of the following month for the previous month's statement, starting from March 2013. Unless otherwise instructed, the Director’s Report and CIB report (not older than 60 days) must also be submitted along with it.

3. In the case of submitting zero statements, the following 5 (five) sections of the aforementioned Form 'L' must be compulsorily filled: Section 1, Section 2, Section 3, Section 4, and Section 5.

4. Loan-related information for all existing large loan borrowers (as of 28-02-2013) must be submitted to the Bangladesh Bank DOTS system in the new format by 15-04-2013.

5. If the statement is not submitted within the prescribed time, or if incomplete or incorrect information is provided in the statement, penalties will be imposed on the bank in accordance with the relevant provisions of the Companies Act, 1991.

6. All other instructions of Bangladesh Bank regarding this matter will remain unchanged.

Please acknowledge receipt.

Yours faithfully,

Enclosure: Form 'L'

(Asoim Kumar Majumdar)
Deputy General Manager
Phone: 9530261