Bangladesh Bank gave special fund investment limits
Bank News 4 dots kamah Special Purpose and stock unlisted fund, the bank's investment ceiling has set Bangladesh Bank. From now on a bank of the fund 00 million invested more than not being able to. Tuesday, Bangladesh Bank in this regard, a guideline to create a notification has been issued.
Such investments in the stock market the bank's investment (Exposure) shall not be.
According to the guidelines, Special Purpose vehicle, the Alternative Investment phandasaha commitment to investing in the fund before the bank's board of directors will decide. Then, the Bangladesh Bank approval would ask. Bangladesh Bank offsite supervision in the application must be submitted.
The application associated with the fund or funds, all information should be submitted. The Bangladesh Bank to suit the needs of the bank's capital, liquidity, assets and liabilities of the quality and quantity of the latest information to give.
The rules of the Bangladesh Securities and Exchange Commission (SEC) registered in the Special Purpose Fund applies.
Guidelines accordance with the terms of the investment bank in connection with any party or investor Bank shares / debentures / bonds or other instruments investments can not be.
news:new 24 com./18-apr-2017Other Posts
- Grameen Bank is tax exemption until ২0২0
- IBBL cuts cash dividend to strengIBBL cuts cash dividend to strengthen its capital basethen its capital base
- Rupali Bank signs deal with Japan Remit Finance
- School banking is compulsory for all banks: the governor
- Banking directive setting targets for school
- ACC Bank will be in court documents collection
- NRBC Bank reaches milestone with its agent banking’
- Poor recovery of classified loans irks central bank
- Bengali Academy Meets Banking Fair
- There naughty banking sector cycle: NBR
Comments