BRPD Circular Letter No. 07: Name change of South Bangla Agriculture and Commerce Bank Ltd to SBAC Bank PLC

Bangladesh Bank has officially changed the name of South Bangla Agriculture and Commerce Bank Ltd to SBAC Bank PLC in the list of scheduled banks, effective Wednesday, January 31, 2024, pursuant to Section 11C(a) of the Companies Act, 1994. This notice serves to inform all scheduled banks operating in Bangladesh of the name change and includes a copy of the relevant notification (BRPD(LS-1)/745(68)/2024-986) for their information and necessary action.

Get BB alerts — same-day email on every new publication.

Bangladesh Bank
Head Office
Motijheel, Dhaka-1000
Bangladesh
Ref No.: BRPD
Banking Regulation and Policy Department 17 Magh 1430 BRPD Circular Letter No.-07 Date: ------------------ 31 January 2024 Managing Director / Chief Executive Officer All Scheduled Banks operating in Bangladesh Dear Sir, Regarding the name change of 'South Bangla Agriculture and Commerce Bank Ltd' to 'SBAC Bank PLC.' Pursuant to Section 11C(a) of the Companies Act, 1994, Bangladesh Bank has changed the name of 'South Bangla Agriculture and Commerce Bank Ltd' to 'SBAC Bank PLC.' (in English: SBAC Bank PLC.) in the list of scheduled banks, effective Wednesday, 31 January 2024, corresponding to 17 Magh 1430. A copy of the notification No.- BRPD(LS-1)/745(68)/2024-986 issued on 31 January 2024 regarding this matter is attached herewith for your information and necessary action. Attachment: 01 (One) Yours faithfully, (Mohammad Shahriar Siddique) Director (BRPD) Phone-9530252

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works