Regulatory Alerts2020-10-13
Added · Updated
BRPD Circular No. 18: To Allocate a Particular Number for Banking Diploma Examination, Part-1 and Part-2 in the Promotion Policy of Bank Officers
The circular instructs all scheduled banks operating in Bangladesh to incorporate specific marks for the Banking Diploma Examination (Part-1 and Part-2) into their existing officer promotion policies. Banks must allocate a defined number of marks for these examinations at each promotion step from Officer to Managing Director, ensuring that the marks allocated for Part-2 are not less than those for Part-1. These requirements apply to all staff except technical roles (such as IT, doctors, engineers, and legal staff) and cash-handling employees, and the revised policy must be approved by the bank's Board of Directors. The directive is effective immediately under the authority of Section 45 of the Bank Company Act, 1991.
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