RegAlert2020-03-23
Added · Updated
MPD Circular No. 01: Maintenance of Cash Reserve Requirement (CRR) with Bangladesh Bank
The document refixes the Cash Reserve Requirement (CRR) for all scheduled banks in Bangladesh, including Shariah based banks, at 5.0 percent on a bi-weekly average basis. It also establishes a provision requiring a minimum CRR of 4.5 percent on a daily basis. These changes are effective from April 01, 2020.
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Bangladesh Bank
Head Office
Motijheel, Dhaka-1000
Bangladesh
Monetary Policy Department
Managing Directors/Chief Executives
All scheduled banks in Bangladesh
Maintenance of Cash Reserve Requirement (CRR) with Bangladesh Bank Dear Sir, Please refer to MPD circular No 01, dated April 03, 2018 in terms of which all scheduled banks in Bangladesh (including Shariah based banks) are required to maintain 5.5 percent CRR with Bangladesh Bank on bi-weekly average basis with a provision of minimum 5.0 percent on daily basis of their average total demand and time liabilities (ATDTL). Now it has been decided to refix this CRR at 5.0 percent on bi-weekly average basis with a provision of minimum 4.5 percent on daily basis effective from April 01, 2020. Please acknowledge receipt. MPD Circular No.-01 Date: March 23, 2020 Choitro 09, 1426 Sincerely yours, (Md. Julhas Uddin) General Manager Phone: 9530059
Lineage: Amended
Timeline
Amended 1 time · last 2020-04-09
- 2020-04-09
BBMPD Circular No. 03: Change of Cash Reserve Ratio (CRR)amends
This document amends: MPD Circular No. 01: Regarding Cash Reserve Requirement (CRR)
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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
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