2023-11-29

Added

BRPD Circular Letter No. 66: Name change of Union Bank Ltd to Union Bank PLC

The Bangladesh Bank officially changed the name of 'Union Bank Limited' to 'Union Bank PLC' in the list of scheduled banks, effective Wednesday, 29 November 2023. This change was made in accordance with Rule 11C(a) of the Companies Act, 1994, and is formalized through Notification No. BRPD(LS-1)/745(63)/2023-10263 issued under Section 37(2)(p) of the Bangladesh Bank Order, 1972. The notification is attached to the circular for the information and necessary action of the Managing Directors or Chief Executive Officers of all scheduled banks operating in Bangladesh.

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Bangladesh Bank Chief Executive Office Motijheel, Dhaka-1000 Bangladesh Ref No.: BRPD(BPD)/Policy/66/2023/14 Banking Regulation and Policy Department 14 Agrahayan 1430 BRPD Circular Letter No. 66 Date: ------------------ 29 November 2023 Managing Director/Chief Executive Officer All Scheduled Banks Operating in Bangladesh Dear Sir, Regarding the name change of 'Union Bank Limited' to 'Union Bank PLC.' In accordance with Rule 11C(a) of the Companies Act, 1994, the Bangladesh Bank has changed the name of 'Union Bank Limited' to 'Union Bank PLC.' (in English: Union Bank PLC.) in the list of scheduled banks, effective Wednesday, 29 November 2023, corresponding to 14 Agrahayan 1430. A copy of the notification No. BRPD(LS-1)/745(63)/2023-10263 issued on 29 November 2023 is attached herewith for your information and necessary action. Enclosure: 01 (One) Yours faithfully, (Mohammad Shahriar Siddique) Director (BRPD) Phone-9530252

Bangladesh Bank Notification Date: 14 Agrahayan 1430 corresponding to 29 November 2023 Source No.: BRPD(LS-1)/745(63)/2023-10263 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 has changed the name of 'Union Bank Limited', included in the scheduled banks, to 'Union Bank PLC.' (in English: Union Bank PLC.), effective Wednesday, 29 November 2023, corresponding to 14 Agrahayan 1430. (Abu Farah Md. Naser) Deputy Governor