2024-06-03

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BRPD Circular Letter No. 25: Scheduling of Nagad Digital Bank PLC

Bangladesh Bank has scheduled Nagad Digital Bank PLC as a scheduled bank under Section 37(2)(d) of the Bangladesh Bank Order, 1972, effective June 3, 2024. This circular directs all scheduled banks operating in Bangladesh to take necessary action upon receipt of the attached notification, BRPD(D-1)/DBU/907(DB-01)/2024-4645.

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Bangladesh Bank Head Office Motijheel, Dhaka-1000 Bangladesh. Ref No.: BRPD/Regulatory Policy & Supervision June 20, 2024 BRPD Circular Letter No.-25 Date: ------------------ June 03, 2024 Managing Director/Chief Executive Officer All Scheduled Banks operating in Bangladesh. Dear Sir, In the context of scheduling 'Nagad Digital Bank PLC' as a scheduled bank, Bangladesh Bank has scheduled 'Nagad Digital Bank PLC' (in English: Nagad Digital Bank PLC) as a scheduled bank with effect from Monday, June 20, 1431 (Bangla calendar) corresponding to June 3, 2024, under the powers conferred by Section 37(2)(d) of the Bangladesh Bank Order, 1972 (Presidential Order No. 127 of 1972). A copy of the notification issued by Bangladesh Bank on June 3, 2024, bearing number BRPD(D-1)/DBU/907(DB-01)/2024-4645 is enclosed herewith for information and necessary action. Enclosure: 01 (One). Yours faithfully, (Mohammad Shahriar Siddique) Director (BRPD) Phone-9530252