Circulars/Notifications - Banking Policy Department  
 BPD Circular Letter No. 01
January 17, 2003  

The Chief Executives,
All Banks / DFIs. 

Dear Sirs / Madam,
IMPLEMENTATION STATUS OF SBP GUIDELINES ON WRITE-OFF
OF IRRECOVERABLE LOANS AND ADVANCES

 

 

Please refer to BPD Circular No. 29 dated October 15, 2002 regarding guidelines on write-off of irrecoverable loans and advances.

2.         All the Banks/DFIs are advised to submit status of cases being settled under captioned guidelines on monthly basis to Banking Policy Department as per performa enclosed at Annexure-I. The first status report for the month ended on December 31, 2002 should be furnished by January 25, 2003 positively and thereafter within 7 days from the end of reporting month till the expiry of scheme.

 

3.         Please acknowledge receipt.

Encl: as above Annexure-1

Yours faithfully,
(Muhammad Ashraf Khan)
Senior Joint Director

BPD Circulars/ Circular Letters issued in 2002
       
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