Regulatory Alerts2018-08-08
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BRPD Circular No. 08: Regarding National Integrity Award Guideline
BRPD Circular No. 08 mandates that all scheduled banks in Bangladesh implement the 'Guideline on Providing Integrity Award' starting in 2018. The guideline requires banks to annually award one employee from specified categories based on a 100-point evaluation across 20 integrity indicators, with a minimum qualifying score of 80. Eligible employees must have at least three years of service, and recipients are barred from re-qualification for three subsequent years. The award consists of a certificate and an amount equivalent to one month's basic salary, subject to approval by the bank's Board of Directors.
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