Eastern Bank takes PLC suffix

Eastern Bank Limited (EBL) has been renamed as Eastern Bank PLC with effect from September 3.

In this regard, the Banking Regulation and Policy Department (BRPD) of the Bangladesh Bank issued a circular to all scheduled commercial banks' managing directors and chief executive officers to take necessary steps to transact as per newly changed name.

A gazette was published on Sunday signed by Abu Farah Md Naser, deputy governor of the central bank, incorporating the change, said a press release.