RegAlert2010-05-12
Added · Updated
Statutory Liquidity Ratio (SLR) for Islami Banks
The Statutory Liquidity Ratio (SLR) for Shariah-based Islami banks and the Islami Banking branches or windows of conventional banks operating in Bangladesh is raised from 10.0 percent to 10.5 percent of their average total time and demand liabilities. This instruction comes into force from May 15, 2010.
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Bangladesh Bank
Head Office
Motijheel, Dhaka-1000
Bangladesh
Monetary Policy Department
Ref: No MPD 116/2010‐628 Date: 12 May 2010 Chief Executives/ Managing Directors All Islami banks/ Islami Banking branches/windows of conventional banks operating in Bangladesh Dear Sir, Maintenance of Statutory Liquidity Ratio (SLR) With reference to the above subject it has been informed that the amount of SLR of the Shariah-based Islami banks and the Islami Banking branches /windows of conventional banks has been raised to 10.5 percent of their average total time and demand liabilities from prevailing 10.0 percent. This instruction shall come into force from May 15, 2010. Sincerely yours, Sd/- (Begum Sultana Razia) General Manager Phone: 9564119
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Lineage: In force
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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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