Regulatory Alerts2023-10-08
Added
BRPD Circular Letter No. 45: Name change of BRAC Bank Ltd to BRAC Bank PLC
The Bangladesh Bank officially changes the name of the scheduled bank 'BRAC Bank Limited' to 'BRAC Bank PLC' effective October 8, 2023 (23 Ashwin 1430). This action is taken under Section 11C(a) of the Companies Act, 1994 and Section 37(2)(p) of the Bangladesh Bank Order, 1972. The circular directs all scheduled banks operating in Bangladesh to take necessary action regarding this name change and includes a copy of the relevant notification.
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