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The Bangladesh Bank Order, 1972 (President's Order)

( PRESIDENT'S ORDER NO. 127 OF 1972 )

Chapter IV

COLLECTION AND FURNISHING OF CREDIT INFORMATION

46. (1) Any credit information contained in any statement submitted by a banking company under Article 44 or furnished by the Bank to any banking company under Article 45 shall be treated as confidential and shall not, except for the purposes of this Chapter, be published or otherwise disclosed.
 
 
(2) Nothing in this Article shall apply to-
 
 
(a) the disclosure by any banking company, with the previous permission of the Bank, of any information furnished to the Bank under Article 44;
 
 
(b) the publication by the Bank, if it considers necessary in the public interest so to do, of any information collected by it under Article 44, in such consolidated form as it may deem fit without disclosing the name of any banking company or its borrowers.
 
 
(3) Notwithstanding anything contained in any law for the time being in force, no Court, tribunal or 1[other authority except Parliament] shall compel the Bank or any banking company to produce or to give inspection of any statement submitted by that banking company under Article 44 or to disclose any credit information furnished by the Bank to that banking company under Article 45.

  • 1
    The words “other authority except Parliament” were substituted for the words “other authority” by section 19 of the Bangladesh Bank (Amendment) Act, 2003 (Act No. IX of 2003)
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