Bangladesh Bank on Wednesday asked the scheduled banks to submit their statements of asset-liability and profit-loss on a quarterly basis.
The BB issued a circular to managing directors and chief executive officers of all banks asking them to submit the statements to the central bank’s Department of Off-Site Supervision within the last working day of the fol
lowing month after the end of each quarter.
The BB circular said that the banks’ statements of asset-liability and profit-loss would help the BB’s scrutinising system.
The banks are instructed to submit the statements in a specific format on a quarterly basis as per the section 38 of the Bank Company Act 1991, the circular said.
-With New Age input