2014-06-02

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BRPD Circular Letter No. 12: Modification of Policy regarding establishments of business center by Banks

The circular amends paragraph 1(g)(3) of BRPD Circular No. 18 dated 29/11/2012 to redefine branch classifications. Branches established in metropolitan areas, city corporations, and 'A' and 'B' class municipalities are now designated as 'City Branches', while branches in 'C' class municipalities and union areas are designated as 'Rural Branches'. This modification takes effect immediately for all scheduled banks operating in Bangladesh.

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