Circulars/Notifications - Banking Surveillance Department  
 BSD Circular No. 01 of 2009
January 06, 2009

The Presidents/Chief Executives
All Banks/DFIs

Dear Sirs / Madam,

MINIMUM CAPITAL REQUIREMENT – IMPLEMENTATION OF BASEL-II

Please refer to BSD Circular No. 02 dated March 26, 2007 on the captioned subject.

2. In addition to the quarterly statements submitted under above referred Circular, all banks/DFIs are also advised to submit annual statement(s) on calculation of their Capital Adequacy Ratios under Basel II, on consolidated as well as standalone basis, duly certified by their external auditors

3. The statement, as per the formats prescribed vide above referred Circular, as amended from time to time, should reach Banking Surveillance Department within a period of three months from the close of the accounting year.

4. All other instructions on the subject remain same.


Yours faithfully,

Sd/-


(LUBNA FAROOQ MALIK)
DIRECTOR

       
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