In accordance with the provisions of Section 11(a) of the Companies Act, 1994, Bangladesh Bank has named ‘Islami Bank Bangladesh Limited’ as ‘Islami Bank Bangladesh PLC.’ has been changed.
On Monday (July 31), the Banking Regulations and Policy Department of Bangladesh Bank issued a circular in this regard. The circular has been sent to the chief executives and managing directors of all banks.
By infosecbulletin
/ Thursday , October 17 2024
Cybersecurity threats have surged to extraordinary heights, as Microsoft’s latest Digital Defense Report reveals that its customers are confronted with...
Read More
By infosecbulletin
/ Thursday , October 17 2024
VMware has issued a warning about a remote code execution vulnerability, CVE-2024-38814, with a CVSS score of 8.8, in its...
Read More
By infosecbulletin
/ Thursday , October 17 2024
Mandiant researchers found that over 90 zero-day vulnerabilities and more than 40 known vulnerabilities were exploited in the wild. Vulnerabilities...
Read More
By infosecbulletin
/ Wednesday , October 16 2024
Oracle's October 2024 Critical Patch Update has fixed 334 security vulnerabilities in its products. The CPU affects 28 Oracle product...
Read More
By infosecbulletin
/ Wednesday , October 16 2024
Google has released Chrome 130, fixing 17 security vulnerabilities. The update (version 130.0.6723.58/.59 for Windows and Mac, and 130.0.6723.58 for...
Read More
By infosecbulletin
/ Wednesday , October 16 2024
Chinese researchers, led by Wang Chao from Shanghai University, have cracked RSA encryption using quantum computers. This achievement raises serious...
Read More
By infosecbulletin
/ Tuesday , October 15 2024
On Sunday, the Shadowserver Foundation revealed that over 87,000 internet-facing Fortinet devices may still be at risk due to (CVE-2024-23113)...
Read More
By infosecbulletin
/ Monday , October 14 2024
A new sophisticated scam is targeting Gmail users, using artificial intelligence to manipulate them into giving away account access. This...
Read More
By infosecbulletin
/ Monday , October 14 2024
RansomHub targets Bangladeshi Confidence group of companies limited. The rapidly growing RansomHub ransomware group set time to release the data....
Read More
By infosecbulletin
/ Sunday , October 13 2024
OpenAI has neutralized over 20 malicious cyber operations using its AI chatbot, ChatGPT, for creating malware, spreading misinformation, avoiding detection,...
Read More
ALSO READ:
“Digital Bank” application time extended
It is reported that in the amended Companies Act 2020, Section 11 (a) regarding identification of limited liability companies has been newly added. In the new section, it is mandatory to write Public Limited Company or PLC at the end of the name in case of public limited company.
Bank companies need to change company names and abbreviations to add PLC at the end of their names. For this, the name of Islami Bank Bangladesh Limited has been changed to Islami Bank Bangladesh PLC. Earlier on Tuesday, February 28, the name of the state-owned Sonali Bank Limited was changed to ‘Sonali Bank Plc’.