Circulars/Notifications - Banking Policy Department  
 BPD Circular No.8
March 12, 2003  

The Chief Executives
All Banks/DFIs

Dear Sirs/Madam,

Minimum Guidelines For Conducting Due Diligence Of Banks/DFIs
For The Purpose Of Merger/Amalgamation

 

As the financial sector in Pakistan consolidates and strengthens, it has become necessary that guidelines be issued which should be followed uniformly to structure and discipline the process of conducting due diligence of banks / DFIs for the purpose of merger / amalgamation or local incorporation of banks.

2.        The Minimum Guidelines, attached with this Circular should be followed in both letter and in spirit.

 

3.        Kindly acknowledge receipt.

Attachments:  (2)

Yours faithfully,
(Muhammad Kamran Shehzad)
Director

BPD Circulars/ Circular Letters issued in 2002
       
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