The Chief Executive Officers/Managing Directors
All Development Finance Institutions (DFIs)


Dear Sirs / Madams,

FIT AND PROPER TEST (FPT) CRITERIA

Please refer to BPRD Circular No.05 of 2015 dated March 12, 2015 on the subject.

2. In this connection, requirement of rotation of the Key Executives for DFIs, is hereby waived until further instructions.

3. All other instructions on the subject shall remain unchanged.

4. Please acknowledge receipt.