BRPD Circular Letter No. 24: Special Incentives for Bankers Working at Bank Premises During General Holidays for COVID-19 Pandemic — BB — BD

BRPD Circular Letter No. 24
Managing Director / Chief Executive Officer
All Scheduled Banks operating in Bangladesh.

Dear Sir,

Reference is drawn to BRPD Circular Letter No. 17 issued on April 12, 2020, regarding the provision of special incentive allowances to employees/staff of banks working at bank premises during the general holidays declared by the government to prevent the spread of Coronavirus (COVID-19).

It is mentioned in paragraph 3(2) of the said circular letter that employees/staff who work at bank premises for at least 10 working days during the general holidays shall be entitled to receive the said allowance on a pro-rata basis. However, employees/staff who work at bank premises for less than 10 working days shall not be entitled to receive the said allowance.
It is clarified here with the intention of clarifying the instructions mentioned in paragraph 3(2) of the said circular letter that even if an employee/staff works at bank premises for more than 10 working days during the general holidays, he/she will not be entitled to receive the special incentive allowance.
However, if an employee/staff is assigned roster duty or is required by the bank to work at bank premises for more than 10 working days, he/she will be entitled to receive additional transport allowance (Dhaka) for the working days after 10 (ten) days under the bank's own policy/regulation.
It is further clarified that other instructions mentioned in BRPD Circular Letter No. 17 issued on April 12, 2020, will remain unchanged.

Yours faithfully,

(Md. Shahriar Siddique)
Deputy General Manager
Banking Regulation and Policy Department
Bangladesh Bank
Head Office
Dhaka.

Date: 22 Baisakh 1427
05 May 2020

Copy to:
All Scheduled Banks.

Yours faithfully,

(Md. Shahriar Siddique)
Deputy General Manager
Phone: 9530727