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

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