DOS Circular No 04: Submission of Management Report (Confidential Part)

DEPARTMENT OF OFF-SITE SUPERVISION
BANGLADESH BANK
CHIEF EXECUTIVE

Ref No: 16.00.0000.004.04.001.13-102

DOS Circular No. 04
Date:
10 October, 2013
25 Ashwin, 1420

To,
The Chief Executive/Managing Director All Banks Operating in Bangladesh.

Dear Sir,

Regarding the submission of the Management Report to Bangladesh Bank.

Under Section 40 of the Bank Company Act, 1991 (amended up to 2013), there is an instruction for scheduled banks to submit the approved audited financial statements to Bangladesh Bank within two months of the end of the accounting year. In this regard, Bangladesh Bank has decided that henceforth, banks must mandatorily submit the Management Report prepared by the external auditor to the Department of Off-Site Supervision within 75 (seventy-five) days of the end of the financial year, in order to examine the audited financial statements of banks and determine the true financial position.

In this regard, DOS Circular Letter No. 13 issued on October 12, 2006, shall be considered void.

Please acknowledge receipt.

Yours faithfully,

(Signature)
(S. M. Rabiul Hasan)
General Manager
Phone: 9530093