Please refer to OSED Circular Letter No. 02 dated August 26, 2010.
2. Keeping in view the implementation of information technology based banking solutions and improved data processes at MFBs, it has been decided to rationalize the quarterly data submission timelines w.e.f. December 31, 2014. The MFBs will upload their quarterly data through DAP4 within 14 working days from the end of each calendar quarter instead of 18 working days.
3. All MFBs are advised to take measures for continuous improvement of their database management system to further reduce the data processing and submission timelines in future.
4. The late/non-submission of the data within revised timelines will attract punitive action under the relevant provisions of the Microfinance Institutions Ordinance 2001.
5. All other instructions shall, however, remain unchanged.
Please
acknowledge receipt.