Circulars

Amendment in Prudential Regulation No. 27 for submission of Quarterly Returns through Data Acquisition Gateway portal

October 20, 2009
5128

The Presidents/CEOs,

All Microfinance Banks

Dear Sirs,

Amendment in Prudential Regulation No. 27 for submission of
Quarterly Returns through Data Acquisition Gateway portal

Please refer to Prudential Regulation No. 27 for Microfinance Banks (MFBs).

In this regard, MFBs are advised that consequent upon successful implementation of automation of Quarterly Report of Condition (QRC) along with variables required for calculation of Capital Adequacy Ratio (CAR), and the new formats of e-QRC through Data Acquisition Gateway (DAG) portal, the instructions for submitting of QRC and e-QRC stand withdrawn with immediate effect. However, MFBs shall continue to submit their quarterly data online on prescribed Quarterly Data File Structure (DFS) under Reporting Chart of Accounts (RCOA) through Data Acquisition Gateway (DAG) portal maintained at State Bank of Pakistan as per laid down instructions.

Please acknowledge receipt.

Yours sincerely,

Dr. Saeed Ahmed
Director Microfinance Department