Regulatory Alerts2018-11-01
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BRPD Circular Letter No. 22: Waiver from section 14Ka(1) of the Bank-Company Act, 1991
The Bangladesh Bank declares that section 14Ka(1) of the Bank-Company Act, 1991, does not apply to the Bangladesh Police Kalyan Trust regarding its shareholding in Community Bank Bangladesh Limited. This waiver is issued under the powers granted by section 121 of the Act. A copy of the official notification (BRPD(P-3)/745(71)/2018-8334) dated November 1, 2018, is attached for the information and necessary action of all scheduled banks operating in Bangladesh.
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