2013-08-19

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BRPD Circular Letter No. 15: Bank Company (Amendment) Act, 2013

The document transmits a copy of the Bank Company (Amendment) Act, 2013, published in the Bangladesh Gazette Extraordinary on July 22, 2013, to all scheduled banks in Bangladesh. It advises banks to ensure compliance with the provisions of the amended Act and recommends presenting the Act for information at their next Board of Directors meeting.

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Banking Regulation and Policy Department Bangladesh Bank Head Office, Dhaka. BRPD Circular Letter No. 15 19 August 2013 Date: --------------- 04 Bhadra 1420

To The Chief Executive Officers All Scheduled Banks in Bangladesh

Dear Sir,

Bank Company (Amendment) Act, 2013.

A copy of the Bank Company (Amendment) Act, 2013 (Act No. 27 of 2013), enacted to further amend the Bank Company Act, 1991 (Act No. 14 of 1991), which was published in the Bangladesh Gazette Extraordinary on July 22, 2013, is enclosed herewith. It is advised that you ensure compliance by informing all concerned about the provisions of the amended Act. Additionally, it is advised that you present the Bank Company (Amendment) Act, 2013 for information at your next Board of Directors meeting.

Please acknowledge receipt.

Yours faithfully,

(Saiful Islam) Deputy General Manager Phone: 9530155

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