Regulatory Alerts2024-08-20
Added · Updated
FEPD Circular Letter No. 13: Regarding fund transfer from Domestic Banking to Offshore Banking Operations
Offshore Banking Operations are permitted to borrow funds from their Domestic Banking Units up to 30% of regulatory capital, inclusive of existing outstanding amounts. Offshore Banking Operations that currently exceed this 30% threshold must adjust their borrowings to comply with the limit by 31 December 2024. These instructions are effective immediately and apply to all Scheduled Banks in Bangladesh.
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