MPD Circular No. 01: Maintenance of Cash Reserve Requirement (CRR) with Bangladesh Bank

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