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050119
STATE BANK OF
PAKISTAN - BANKING POLICY DEPARTMENT
BPD Circular Letter No. 04 of 2005
January 19, 2005
The Presidents/ Chief Executives
All Banks/DFIs
Dear Sirs/ Madam,
CORRESPONDENCE WITH SBP
Please refer to the instructions issued vide BPD Circular No.32 dated November
16, 2002 wherein it was advised that all references seeking clarification on SBP
instructions should be forwarded by at-least Departmental/Business/Group Head.
2. It has now been decided that all references, clarifications, correspondence
addressed to SBP, except routine and prescribed statements/returns/information,
shall be signed at least at the level of Departmental/Business/Group Head.
Please notify the above instructions to the all concerned down the line in your
bank for meticulous compliance for expeditious processing and disposal of
issues/matters.
3. This supersedes BPD Circular No.32 dated November 16, 2002.
Please acknowledge receipt.
Yours faithfully,
Sd/-
(Muhammad Kamran Shehzad)
Director
