2023-11-27

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BRPD Circular Letter No. 62: Name change of AB Bank Ltd to AB Bank PLC

The Bangladesh Bank officially changes the name of AB Bank Ltd to AB Bank PLC in the list of scheduled banks, effective Monday, 27 November 2023. This change is implemented in accordance with Section 11C(a) of the Companies Act, 1994. The notification, bearing reference number BRPD(LS-1)/745(12)/2023-10188, is issued under the authority granted by Section 37(2)(p) of the Bangladesh Bank Order, 1972.

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Bangladesh Bank Central Office Motijheel, Dhaka-1000 Bangladesh Ref No: BRPD.BPD.PD Banking Regulation and Policy Department 12 Agrahayan 1430 BRPD Circular Letter No. 62 Date: ------------------ 27 November 2023 Managing Director/Chief Executive Officer All Scheduled Banks Operating in Bangladesh Dear Sir,

Context of the name change of 'AB Bank Ltd' to 'AB Bank PLC'

In accordance with Section 11C(a) of the Companies Act, 1994, the Bangladesh Bank has changed the name of 'AB Bank Ltd' to 'AB Bank PLC' (in English: AB Bank PLC) in the list of scheduled banks, effective Monday, 27 November 2023, corresponding to 12 Agrahayan 1430. A copy of the notification No. BRPD(LS-1)/745(12)/2023-10188 issued on 27 November 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: 12 Agrahayan 1430 corresponding to 27 November 2023 Source No: BRPD(LS-1)/745(12)/2023-10188

Under 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 'AB Bank Ltd', included in the scheduled banks, to 'AB Bank PLC' (in English: AB Bank PLC), effective Monday, 27 November 2023, corresponding to 12 Agrahayan 1430.

(Abu Farah Md. Naser) Deputy Governor