2023-10-08
Added
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.
Bangladesh Bank Chief Executive Office Motijheel, Dhaka-1000 Bangladesh Ref No.: BRPD/Regulations & Policy Dept/08 Banking Regulation and Policy Department 23 Ashwin 1430 BRPD Circular Letter No.-45 Date: ------------------ 08 October 2023 Managing Director/Chief Executive Officer All Scheduled Banks operating in Bangladesh Dear Sir, Regarding the name change of 'BRAC Bank Limited' to 'BRAC Bank PLC'. In accordance with the provision of Section 11C(a) of the Companies Act, 1994, the Bangladesh Bank has changed the name of 'BRAC Bank Limited' to 'BRAC Bank PLC' (in English: BRAC Bank PLC) in the list of Scheduled Banks with effect from 23 Ashwin 1430 corresponding to 08 October 2023, which was a Tuesday. A copy of the Notification No.-BRPD(LS-1)/745(50)/2023-8417 issued on 08 October 2023 is enclosed herewith for your information and necessary action. Enclosure: 01 (One). Yours faithfully, (Mohammad Shahriar Siddique) Director (BRPD) Phone-9530252
Bangladesh Bank Notification Date: 08 October 2023 corresponding to 23 Ashwin 1430 Source No.- BRPD(LS-1)/745(50)/2023-8417 In exercise of the powers conferred by Section 37(2)(p) of the Bangladesh Bank Order, 1972 (Presidential Order No. 127 of 1972), the Bangladesh Bank hereby changes the name of the scheduled bank 'BRAC Bank Limited' to 'BRAC Bank PLC' (in English: BRAC Bank PLC) with effect from 23 Ashwin 1430 corresponding to 08 October 2023, which was a Tuesday. (Abu Farah Md. Naser) Deputy Governor