Circulars/Notifications - Banking Policy Department  
 BPD Circular No. 36
December 3, 2002 

The Chief Executives,

All Scheduled Banks  

Dear Sirs,

BRANCH LICENSING POLICY


Please refer to BSD Circular No.11 dated 17th March 2001 enclosing therewith revised Branch Licensing Policy effective from Ist April 2001 and BSD Circular letters No. 22 & 23 dated 29th August and 28th  September 2001 respectively  on the captioned subject .

 

2.         In order to consolidate all the instructions relating to Branch Licensing Policy and Automated Teller Machines (ATMs), clarifying some of the issues which cropped up after issuance of branch licensing policy, slight amendment to further liberalize opening of booths, ATMs etc., the BSD Circular No.11 dated 17th March 2001 has been substituted. The updated Branch Licensing Policy is attached herewith for information and further necessary action. In this context, BSD aforesaid circular/circular letters issued on the subject and BSD Circular No.08 dated 13th February 2001 regarding ATM shall stand cancelled.  

 

3.         Please acknowledge receipt.

Encls: As above

Yours faithfully,
(Muhammad Kamran Shehzad)
Director

BPD Circulars/ Circular Letters issued in 2003
       
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