BRPD Circular Letter No. 37: Refraining from anti-disciplinary activities in the bank-company — BB — BD

Bangladesh Bank
Chief Executive
Motijheel, Dhaka-1000
Bangladesh
Ref No.: BRPD/Regulations & Policy/37 Banking Regulation and Policy Department BRPD Circular Letter No.-37 11 August 2024 Date: -------------------- 27 Srabon 1431 Managing Director/Chief Executive Officer All Scheduled Banks operating in Bangladesh Dear Sir,

Regarding refraining from anti-disciplinary activities in the bank-company

Recently, the Bangladesh Bank has been informed about certain anti-disciplinary activities occurring in the offices or workplaces of some banks. Such activities are causing disruption to the normal operations and transactions of the banks, which may lead to a crisis of confidence among depositors. It is noted that such activities are punishable offenses under Section 57(2) of the Bank Companies Act, 1991. In this regard, all concerned are requested to cooperate in refraining from any activities at the bank's office or workplace that undermine depositor confidence, in accordance with Section 57(1) of the Bank Companies Act, 1991.

You are hereby directed to make all concerned aware of this matter.

Yours faithfully,
(Mohammad Shahriar Siddique)
Director (BRPD)
Phone: 9530252

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it

The links and the sentences they come from (1)

Issued under

Bank Companies Act, 1991Not in RegAlert
“Such activities are punishable offenses under Section 57(2) of the Bank Companies Act, 1991.”