Submission of Asset-Liability and Profit-Loss Statements on Quarterly Basis

Scheduled banks in Bangladesh must submit asset-liability and profit-loss statements to the Financial Stability Department on a quarterly basis, in addition to the existing requirement to submit them to the Department of Off-site Supervision. These statements are due within the last working day of the month following the relevant quarter. Additionally, one copy of the statements for the March, June, and September 2014 quarters must be submitted to the Financial Stability Department by October 30, 2014. This requirement takes immediate effect.

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Financial Stability Department
Bangladesh Bank
Head Office
Dhaka website: www.bb.org.bd
30 June 2014
FSD Circular No. 02 Date: ---------------------- 16 Ashar 1421 Managing Directors/Chief Executives All Scheduled Banks in Bangladesh Dear Sir, Submission of Asset-Liability and Profit-Loss Statements on Quarterly Basis Please refer to DOS Circular No. 05, dated November 06, 2013 on the captioned subject wherein scheduled banks were instructed to submit asset-liability and profit-loss statements as per the first schedule of Article 38 of the Bank Company Act, 1991 to the Department of Off-site Supervision on quarterly basis. Henceforth, asset-liability and profit-loss statements shall have to be submitted to the Financial Stability Department along with submitting those to the Department of Off-site Supervision on quarterly basis (within the last working day of the following month of the relevant quarter). Moreover, 01(one) copy of asset-liability and profit-loss statements of each of the March 2014, June 2014 and September 2014 quarter shall have to be submitted to this department within October 30, 2014. This circular shall come into force with immediate effect. Please acknowledge receipt. Yours sincerely, Sd/- (Debashish Chakrabortty) General Manager Phone: 9530279

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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