Regulatory Alerts2023-05-14
Added
BRPD Circular Letter No. 14: Name change of Sonali Bank Limited to Sonali Bank PLC
The Bangladesh Bank has officially changed the name of 'Sonali Bank Limited' to 'Sonali Bank PLC' in the list of scheduled banks, effective from 14 May 2023 (31 Baisakh 1430), in accordance with Rule 11C(1) of the Companies Act, 1994. This circular serves to notify all scheduled banks operating in Bangladesh of the name change and includes a copy of the relevant notification for their information and necessary action.
Bangladesh Bank Chief Executive Office Motijheel, Dhaka-1000 Bangladesh. Ref No.: BRPD Circular Letter No. 14 Banking Regulation and Policy Department 31 Baisakh 1430 BRPD Circular Letter No. 14 Date: ------------------ 14 May 2023 Managing Director / Chief Executive Officer All Scheduled Banks operating in Bangladesh. Dear Sir, Regarding the name change of 'Sonali Bank Limited' to 'Sonali Bank PLC'. In accordance with Rule 11C(1) of the Companies Act, 1994, the Bangladesh Bank has changed the name of 'Sonali Bank Limited' to 'Sonali Bank PLC' (Sonali Bank PLC) in the list of scheduled banks, effective from 14 May 2023 (31 Baisakh 1430, Tuesday). A copy of the notification No. BRPD(LS-1)/745(01)/2023-3559 issued on 14 May 2023 is enclosed herewith for your information and necessary action. Enclosure: 01 (One). Yours faithfully, (Md. Ali Akbar Farazi) Director (BRPD) Phone-9530252