Regulatory Alerts2025-01-16
Added
BRPD Circular No. 02: Regarding Banking Professional Exam
The document mandates that banks allocate 10% of promotion points for passing the Banking Professional Exam (5% for Level 1 and 5% for Level 2), with specific exemptions for staff promoted prior to February 8, 2023, and senior officers with over 15 years of experience. It requires all staff joining or promoted to Senior Officer or equivalent positions on or after February 1, 2025, to pass the relevant exam levels for subsequent promotions, while non-core banking staff must pass the exam before permanent transfer to core banking. Banks are required to provide financial incentives of at least 35,000 BDT for Level 1 and 50,000 BDT for Level 2, effective from the 99th exam, and this circular revokes previous related directives.
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