2010-05-04
Added · Updated
Banking Companies in Bangladesh must maintain a Statutory Liquidity Ratio (SLR) of not less than 18.50 percent of their average total demand and time liabilities. This requirement, which includes cash balances with Bangladesh Bank, takes effect on 15 May 2010.
Bangladesh Bank Head Office Motijheel, Dhaka-1000 Bangladesh Monetary Policy Department MPD Circular No- 02 Date: 4 May 2010 21 Baishakh1417 Chief Executives All Scheduled Banks in Bangladesh Dear Sir, Maintenance of Statutory Liquidity Ratio (SLR) in Compliance with Section 33 of Bank Company Act, 1991. Please refer to BRPD Circular No-11 dated 25 August 2005 on the captioned subject. 02. In this regard, it has been decided that the amount of Statutory Liquidity Ratio (SLR) including cash balances with Bangladesh Bank required to be maintained by the Banking Companies in Bangladesh shall not be less than 18.50 (eighteen and half) percent of their average total demand and time liabilities with effect from 15th May, 2010. In this regard, Notification No-MPD-116/2010-499 dated May 04, 2010 is enclosed herewith for information and necessary actions at your end. Please acknowledge receipt. Enclosure: As stated above. Sincerely yours, Sd/- (Begum Sultana Razia) General Manager Phone: 9564119
Bangladesh Bank Head Office Motijheel, Dhaka-1000 Bangladesh Monetary Policy Department No.- MPD-116/2010-499 Date: Notification In exercise of the power conferred by Section 33(1) of Bank Company Act, 1991 (Act No14 of 1991) Bangladesh Bank does hereby order that the amount of Statutory Liquidity Ratio (SLR) including cash balances with Bangladesh Bank required to be maintained by the Banking Companies in Bangladesh should not be less than 18.50 (eighteen and half) percent of their total demand and time liabilities. 02. This order shall come into force from 15th May 2010. 04 May 2010 21 Baishakh 1417 SD/- (Ziaul Hassan Siddiqui) Deputy Governor
More like this from BB
BB published 33 documents in the last 30 days. We email you each new one the day it's published.