2025-11-20

Added

BRPD Circular Letter No. 25: Name change of BASIC Bank Limited to BASIC Bank PLC

The Bangladesh Bank has officially changed the name of 'BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Ltd.)' to 'BASIC Bank PLC (Bangladesh Small Industries and Commerce Bank PLC)' in the list of scheduled banks, effective Thursday, 05 Agrahayan 1432 (20 November 2025). This action is taken in accordance with Rule 11C(a) of the Companies Act, 1994. A copy of the notification number BRPD(LS-1)/745(09)/2025-15094 dated 20 November 2025 is attached for the information and necessary action of all scheduled banks operating in Bangladesh.

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Bangladesh Bank Chief Executive Motijheel, Dhaka-1000 Bangladesh Ref No.: BRPD Circular Letter No. 25 Banking Regulation and Policy Department 05 Agrahayan, 1432 Date: ------------------- 20 November, 2025

Managing Director / Chief Executive Officer All Scheduled Banks operating in Bangladesh

Dear Sir,

'Rename of "BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Ltd.)" to "BASIC Bank PLC (Bangladesh Small Industries and Commerce Bank PLC)"'

In this context.

In accordance with Rule 11C(a) of the Companies Act, 1994, the Bangladesh Bank has changed the name of 'BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Ltd.)' to 'BASIC Bank PLC (Bangladesh Small Industries and Commerce Bank PLC)' (in English: 'BASIC Bank PLC (Bangladesh Small Industries and Commerce Bank PLC)') in the list of scheduled banks, effective Thursday, 05 Agrahayan 1432 corresponding to 20 November, 2025. A copy of the notification number BRPD(LS-1)/745(09)/2025-15094 dated 20 November, 2025 is attached herewith for your information and necessary action.

Enclosure: 01 (One).

Yours faithfully,

(Md. Bazlur Rahman Sarkar) Director (BRPD) Phone-9530252