2023-08-27
Added
The Bangladesh Bank has officially changed the name of Mercantile Bank Limited to Mercantile Bank PLC in the list of scheduled banks, effective August 27, 2023, in accordance with Section 11C(a) of the Companies Act, 1994. This circular directs all scheduled banks operating in Bangladesh to take necessary action regarding this name change and includes a copy of the relevant notification for their information.
Bangladesh Bank Chief Executive Office Motijheel, Dhaka-1000 Bangladesh Ref No.: BRPD.BPD.Policy Banking Regulation and Policy Department 12 Bhadra 1430 BRPD Circular Letter No. 34 Date: ------------------ 27 August 2023 Managing Director / Chief Executive Officer All Scheduled Banks operating in Bangladesh Dear Sir, Regarding the name change of 'Mercantile Bank Limited' to 'Mercantile Bank PLC'. In accordance with the provision of Section 11C(a) of the Companies Act, 1994, the Bangladesh Bank has changed the name of 'Mercantile Bank Limited' to 'Mercantile Bank PLC' (in English: Mercantile Bank PLC) in the list of scheduled banks, effective from 12 Bhadra 1430 corresponding to 27 August 2023, which was a Tuesday. A copy of the notification No. BRPD (LS-1)/745(44)/2023-6969 issued on 27 August 2023 regarding this matter is enclosed herewith for your information and necessary action. Enclosure: 01 (One). Yours faithfully, (Mohammad Shahriar Siddique) Director (BRPD) Phone-9530252