Regulatory Alerts2020-12-15
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BRPD Circular Letter No. 58: Scheduling of CITIZENS BANK PLC
Bangladesh Bank officially schedules Citizens Bank PLC as a scheduled bank effective December 15, 2020, pursuant to Order No. BRPD(P-3)/744(93)/2020-10957 issued under Section 37(2)(a) of the Bangladesh Bank Order, 1972. This circular letter directs all scheduled banks operating in Bangladesh to take note of the scheduling and the associated government order for necessary action.
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Banking Regulation and Policy Department Bangladesh Bank Head Office Dhaka.
BRPD Circular Letter No. 58 Date: 30 Agrahayan 1427 15 December 2020
Managing Director/Chief Executive All Scheduled Banks operating in Bangladesh.
Dear Sir,
Regarding the scheduling of "CITIZENS BANK PLC" as a Scheduled Bank
With reference to the subject cited above, you are hereby informed that "CITIZENS BANK PLC" has been scheduled as a Scheduled Bank effective from Tuesday, 30 Agrahayan 1427 corresponding to 15 December 2020. A copy of the Order No. BRPD(P-3)/744(93)/2020-10957 issued by Bangladesh Bank on 15 December 2020 is enclosed herewith for your information and necessary action.
Yours faithfully,
(Signature) (Md. Nazrul Islam) Manager Phone: 9530252.
Enclosure: 1 (one) page.
Bangladesh Bank Order
Date: 30 Agrahayan 1427 corresponding to 15 December 2020
No. BRPD(P-3)/744(93)/2020-10957— Under the powers conferred by Section 37(2)(a) of the Bangladesh Bank Order, 1972 (President’s Order No. 127 of 1972), Bangladesh Bank hereby schedules "CITIZENS BANK PLC" (in English "CITIZENS BANK PLC") as a Scheduled Bank effective from Tuesday, 30 Agrahayan 1427 corresponding to 15 December 2020.
(Signature) (Kazi Saibur Rahman) Deputy Governor
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