Regulatory Alerts2010-05-12
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.
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
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.