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    The Bangladesh Bank has reduced the Cash Reserve Requirement that all scheduled banks in Bangladesh must maintain from 6.5% to 5.5% of their average total demand and time liabilities, calculated on a bi-weekly average basis, with a minimum of 5.0% on a daily basis. This reduction in the CRR from 6.5% to 5.5% will take effect from April 15, 2018 according to the circular from the Monetary Policy Department of Bangladesh Bank.

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    The Bangladesh Bank has reduced the Cash Reserve Requirement that all scheduled banks in Bangladesh must maintain from 6.5% to 5.5% of their average total demand and time liabilities, calculated on a bi-weekly average basis, with a minimum of 5.0% on a daily basis. This reduction in the CRR from 6.5% to 5.5% will take effect from April 15, 2018 according to the circular from the Monetary Policy Department of Bangladesh Bank.

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    7 views1 page

    Bangladesh Bank: Head Office

    Uploaded by

    RAHMAN
    The Bangladesh Bank has reduced the Cash Reserve Requirement that all scheduled banks in Bangladesh must maintain from 6.5% to 5.5% of their average total demand and time liabilities, calculated on a bi-weekly average basis, with a minimum of 5.0% on a daily basis. This reduction in the CRR from 6.5% to 5.5% will take effect from April 15, 2018 according to the circular from the Monetary Policy Department of Bangladesh Bank.

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    Bangladesh Bank

    Head Office Monetary Policy Department


    Motijheel, Dhaka-1000
    Bangladesh

    April 03, 2018


    MPD Circular No.-01 Date:
    Choitro 20, 1424

    Managing Directors/Chief Executives


    All scheduled banks in Bangladesh

    Maintenance of Cash Reserve Requirement (CRR) with Bangladesh Bank

    Dear Sir,

    Please refer to MPD circular No 01, dated June 23, 2014 in terms of which all scheduled
    banks in Bangladesh (including Shariah based banks) are required to maintain 6.5 percent
    CRR with Bangladesh Bank on bi-weekly average basis with a provision of minimum 6.0
    percent on daily basis of their average total demand and time liabilities (ATDTL).

    Now it has been decided to refix this CRR at 5.5 percent on bi-weekly average basis with a
    provision of minimum 5.0 percent on daily basis effective from 15 April, 2018.

    Please acknowledge receipt.

    Sincerely yours,

    (Md. Julhas Uddin)


    General Manager
    Phone: 9530059

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