Circulars/Notifications  

 BSD Circular Letter No. 03 of 2010
February 06, 2010

The Presidents/Chief Executives
All Banks/DFIs

Dear Sirs / Madam,

Minimum Capital Requirements- Implementation of Basel II


Please refer to the BSD Circular No. 1 dated January 1, 2008 on the captioned subject.

2. It has been decided to change the data submission date of un-audited capital adequacy returns w.e.f. March 31, 2010. Reporting Institutions will submit their quarterly unaudited capital adequacy returns within 18 working days (instead of 30 days) from the end of each calendar quarter.

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

Please acknowledge receipt.


Yours faithfully,


(LUBNA FAROOQ MALIK)
DIRECTOR

 


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