...Guidelines to fill in the banking statistics returns SBS-1, SBS-2 & SBS-3 (Fifth edition) STATISTICS DEPARTMENT BANGLADESH BANK July 2013 Members of the Editorial Committee Any suggestion/recommendation for improvement in the contents of this guideline would be highly appreciated. Users may kindly contact with the following persons for their suggestions/ recommendations and queries (if any): 1. Md. Nur-un-Nabi General Manager nurun.nabi@bb.org.bd 2. Md. Lutful Kabir Deputy General Manager lutful.kabir@bb.org.bd 3. Mohammad Nurul Islam Joint Director mnurul.islam@bb.org.bd i Preface to the Fifth Edition In the light of current economic activities and experiences thereof, the fifth edition of the revised directory on compilation of Banking Statistics Returns is in the process of being published. Information/data on banking sector of the country play an important role in formulating monetary policy and determining the trend of economic activities. In order to meet that end, the SBS forms which were used earlier for collection of all types of information/data from the banking sector in Bangladesh have been revised and enlarged. The Statistics Department of the Bangladesh Bank published Banking Statistics Guidelines 8 (Eight) years ago in the form of a booklet for enabling the scheduled banks to fill in the above forms properly and submitting the same to the Bangladesh Bank. In the current edition of the booklet, detailed explanatory notes of the terms have been given in addition...
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...Bangladesh Bank Bangladesh Bank, the central bank of the country, was established as a body corporate vide the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) with effect from 16th December, 1971. The powers and functions of Bangladesh Bank are governed by various laws and acts including the Banker's Books Evidence Act 1891, Insolvency Act 1920, Banking Companies Ordinance 1962, Foreign Exchange (Regulation) Act 1986, Money Loan Court Act 1990, Banking Companies Act 1991, Financial Institutions Act 1993 and Rules 1994, Companies Act 1994 and Bankruptcy Act 1997. Bangladesh Bank performed all the traditional central banking functions including the sole responsibilities of issuing currency, keeping the reserves, formulating and managing the monetary policy and regulating the credit system of Bangladesh and maintaining a high level of production, employment and real income in the country and managing the country’s foreign exchange and the gold reserve. The bank acts as the banker to the government and accepts government deposits, cheques and drafts, and undertakes collection of cheques and drafts drawn on other banks. It acts as the public debt manager and runs a public debt office (PDO) within itself. The bank also sells government treasury bills (T-Bill) on tender, prize bonds and different types of saving certificates. The bank acts as the clearing house of the scheduled banks. In addition to bank rate and open market operations, it uses a number of other weapons...
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...CHAPTER-ONE INTRODUCTION 1.0 Background of the Study Islami Bank Bangladesh Limited (IBBL) is the first of its kind in the South East Asia which was established in 1983 with a view to provide banking services based on Islamic principles. The bank, which started its operation with only 3 branches in the first year of its inception, has now 254 branches in 28 years of operation. As a bank, Islami Bank Bangladesh Limited receives deposits from its customers from all over the country as well as from abroad on profit and loss sharing basis and deploys that fund to different investment clients to gain profit. The bank distributes an agreed portion of the profit earned to the customers and the shareholders. Islami Bank Bangladesh Limited also performs foreign exchange business. In this process, the bank endeavors to contribute to the betterment of the society. In the context of open market economy, the foreign exchange business is growing rapidly and playing a vital role in the economic growth of a country. About 40 % of total business of our country is rolling through foreign exchange transaction. Islami Bank Bangladesh Limited has significantly contributed in flow of international transactions. Among the private commercial bank of our country IBBL is being kept the first position in export, import, remittance flow and as well as earnings the operating profit. Why I have chosen this topic, because to focus the foreign exchange banking performance of IBBL & its activities...
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...Bangladesh Bank, the central bank and apex regulatory body for the country's monetary and financial system, was established in Dhaka as a body corporate vide the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) with effect from 16th December, 1971. At present it has nine offices located at Motijheel, Sadarghat, Chittagong, Khulna, Bogra, Rajshahi, Sylhet, Barisal and Rangpur in Bangladesh; total manpower stood at 4926 (officials 3910, subordinate staff 1016) as on December 31, 2011. | | | | |Functions | |BB performs all the core functions of a typical monetary and financial sector regulator, and a number of other non core | |functions. The major functional areas include : | |Formulation and implementation of monetary and credit policies. | |Regulation and supervision of banks and non-bank financial institutions, promotion and development of domestic financial | |markets. | |Management of the country's international reserves. ...
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...accumulation of foreign exchange reserves in recent months, there has been a growing interest in Bangladesh on the alternative uses of its reserves. However, different reserves adequacy measures based on global best practices confirm that its reserves holding is not markedly higher than what is required. The country’s reserves stand higher than the adequate level only when one considers the current account aspects of reserves benchmark which is perhaps appropriate for the country as its financial system is still autarkic. The dynamics in its balance of payments account also supports the fact. The paper highlights the fact that Bangladesh’s reserves build-up is the result of an ‘investment drought’ in the country. This is partly due to its underdeveloped financial systems, and partly due to other structural problems in the economy – entailing difficulties in properly channelling national savings to investments. As the Bangladesh central bank’s sterilised intervention increases, so will its cost of reserves accumulation. The reason is the interest rate arbitrage between Bangladesh and the United States. The United States government securities market, that absorbs the lion’s share of developing economies reserves, has been offering lower yields following the collapse in interest rate in the country in recent times. Nevertheless, the apparent spread between the United States Treasury and Bangladesh Treasury rates might be not that high in real terms if one weighs in Bangladesh’s certain...
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...Chapter : 1 Introduction Bangladesh suffers a huge trade imbalance with India. Apart from the large size of the economy, maintenance of a high protectionist trade regime by India in the forms of tariff and non-tariff barriers have contributed to this imbalance. While Bangladesh has progressed much ahead of India along with its liberalization of trade, India remains slow. Both Bangladesh and India are two major countries of the SAARC and have a long common historical past and similar cultural and social evolution. As far as trade relation is concerned, India is the 2nd largest trading partner of Bangladesh just after USA in 2003. India’s position is at the top for Bangladesh’s imports from the world (IMF: Direction of Trade Statistics, June 2004). Therefore, an analysis of current trade status between the two nations, obstacles and opportunities for mutual trade expansion is very critical for economic development of both countries, especially of Bangladesh, as Bangladesh has been suffering from historical trade deficit with India since its independence. The trade deficit has been increasing exponentially since the recent past. Official data show that compared to 1983, trade deficit in 2003 is more than 46 times higher1 (IMF: Direction of Trade Statistics). This growing deficit is a cause of serious concern for Bangladesh and has important economic and political implications. Hence the importance of the study is realized, and it is expected that the study will help policy makers...
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...University of Dhaka A Report on “Inflation: Perspective Bangladesh” Date of Submission: May 26, 2011 A Report on “Inflation: Perspective Bangladesh” Course no. & name: F-203-Macroeconomics Submitted to: Mohammad Salahuddin Chowdhury Lecturer Department of Finance University of Dhaka Submitted by: Group: Morning Stars Sec-B BBA 16th batch Dept. of Finance University of Dhaka Date of Submission: May 26, 2011 Group members are Name | Roll | K. M. Najmus Sakib | 16-020 | Mobasheera Tasnim | 16-052 | Md. Kamrul Islam | 16-090 | Rajib Kumar Deb | 16-106 | Shaykha Sultana | 16-160 | Md. Shamsul Alam | 16-172 | Letter of Transmittal May 26, 2011 Mohammad Salahuddin Chowdhury Lecturer Department of Finance University of Dhaka Subject: Submission of a report on “Inflation: Perspective Bangladesh” Dear Sir, We are presenting a report on “Inflation: Perspective Bangladesh”. In this report we have included various methodologies to explain the current scenario of inflation in Bangladesh. In making the study, we had to take help from the various sources of internet, different institutes and class lectures of our course teacher. We are grateful to them for extending generous help. We acknowledge the contribution of our course teacher heartily. We have tried to use our academic knowledge in real life. We are pleased to be granted this vital opportunity and grateful for your versatile assistance. We hope that our work...
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...Profile: Southeast Bank completed 14 years of operations in March 2010. It was established by an Act of Parliament known as the Export-Import Bank of Bangladesh Act 1981 and commenced operations in March 1982. Southeast Bank is wholly owned by the Government of Bangladesh. Southeast Bank was set up for the purpose of financing, facilitating and promoting foreign trade in Bangladesh and also to provide financial assistance to exporters and importers and for functioning as the principal financial institution for coordinating the working of institutions engaged in financing export and import of goods and services with a view to promoting the country’s international trade. It has a high-powered Board of Directors comprising: A Deputy Governor of Reserve Bank of Bangladesh, Chairmen of IDBI, ECGC, Representatives of the Ministries of Finance, Commerce, Industry, External Affairs and Planning, Chairmen of scheduled banks and professionals from trade and industry. Over the years, Southeast Bank has developed 35 lending programmes covering all stages of the export cycle namely Import of Technology, Export Product Development, Export Production, Export Marketing , Pre-shipment, Post-shipment, Investment Abroad Financial Highlights | |2000-01 |2001-02 |2002-03 |2003-04 |2004-05 | |Paid up Capital |549.99 |649.99 |649.99 |649.99 |849.99 | |Reserves...
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...Foreign Exchange Performance Analysis of Islamic Bank Bangladesh Ltd. A Report On Foreign Exchange Performance Analysis of Islamic Bank Bangladesh Ltd. Prepared For: The Chairman Fourth Year Examination Committee 2013 Prepared By Md. Wasiul Islam Exam ID: 100214 BBA Program, Session: 2009-10 Dept. of Finance & Banking Jahangirnagar University Savar, Dhaka – 1342 October 10, 2013 October 10, 2013 The Chairman Exam Committee Fourth Year Exam Committee 2013 Department of Finance & Banking Jahangirnagar University Savar, Dhaka-1342 Through: Mr. MD. Tarikul Islam, Thesis Supervisor Subject: Submission of the internship report/bachelor thesis Dear Sir: It is my pleasure to submit the Internship Report on “Analysis on Foreign Exchange Operation of Islamic Bank Bangladesh Ltd.” as approved by my internal supervisor, Mr. Md. Tarikul Islam and my external supervisor, Md. Hedayet Ullah, Course coordinator of Internship Program of IBBL. I expect your kind acceptance of the report my report. Thank you for giving me the opportunity to do such type of work. I tried my best to make it understandable, relevant and reliable. I also expect your cordial suggestions that will be a positive feedback for me to make better in future. Sincerely yours, MD. Wasiul Islam Exam ID: 100214 BBA Program, Session: 2009-10 Acknowledgement First of all I would like to thank the Almighty who gave me patience. In preparing this internship report...
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...EXPORT EARNING OF BANGLADESH TITLE OF THE STUDY Bangladesh is an agricultural country with some three-fifths of the population engaged in farming. Jute and tea are two important agricultural products to earn foreign exchange. For higher GDP growth, investments in industrial sector will need to be accelerated. The prevailing political and economic stability has greatly encouraged investment in the industrial sector. The trend of foreign direct investment is very encouraging. The government is committed to market economy and has been pursuing policies for supporting and encouraging investment in industrial sector and eliminating unproductive expenditures in the public sector. Among the industry, ceramic industry is promising and potential for Bangladesh. In Bangladesh there are some international standard ceramic industries; their contribution to earn foreign currency is increasing day by day. The demand of Bangladeshi ceramic product is increasing in the international market. Considering this factor we did a feasibility study on Production of Ceramic: Prospects & Impact on Export earning of Bangladesh. ABSTRACT Ceramic industry took a formal start in this country in 1958. Now, there are about 15 ceramic industries in the country. Ceramic Industry manufactures useful and ornamental articles from clay by shaping and hardening it in high temperature. The industry is basically a development of indigenous pottery works. The ceramic industry in Bangladesh has been one of the...
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...The Dutch-Bangla Bank Ltd (DBBL) yesterday decided to donate Tk 9.73 crore to Dhaka University (DU) for establishing a research centre on the university campus. The DBBL Board of Directors in its 77th meeting decided to donate the money for constructing an 11-storey research centre ‘Dutch-Bangla Bank Centre for Advanced Research in Arts and Social Sciences Bhaban’ on the DU campus. The research centre, which would be the first of its kind in the country, will be supervised by renowned teachers, scholars and researchers. It will also award scholarship to researchers and scholars at home and abroad. The DBBL formally launched its operation in the country on June 3, 1996, and have been involved in philanthropic and social activities since then. It established Dutch-Bangla Bank Foundation (DBBF) in June 2001 to conduct humanitarian activities including rehabilitation of the destitute. The bank has so far taken various Corporate Social Responsibility (CSR) programmes including scholarship programme for the meritorious and needy students, blind education and rehabilitation organisation, HIV/AIDS assistance programme, smile brighter programme, support to acid and dowry victims, vesico vaginal fistula (VVF) operation to improve women’s reproductive health, disaster management programme, and donation to different organisations. The DBBL received an international award on CSR from Asian Institute of Management, Manila in the 3rd Annual Asian CSR Award ceremony. Dutch-Bangla Bank Limited...
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...Assignment Currency Devaluation Introduction Devaluation refers to a decrease in a currency's value. A currency devalues when its value declines in relation to one or more other currencies. It affects the demand for exports and imports. Currency devaluation is evaluated in terms of the foreign exchange rate. Exchange rate is the value between two currencies shows how much one currency is worth in terms of other currency. The depth and intensity of exchange rate volatility and its impact on the volume of international trade was recognized during 1970s when the world economy shifted from fixed exchange rate to free floating exchange rate. If the exchange rate volatility is higher, then it will generate uncertainty of the future profit from export trade. In this assignment we will discuss on such issues like exchange rate volatility I addition to currency devaluation and its impact on the volume of international trade of developing country focusing Bangladesh. This assignment is based on the exchange rate and its volatility in addition to devaluation that affect on the on international trade of Bangladesh. The concept of the study is taken from the academic activity of ECN-201 course instructed by Mrs. Nahid ferdousi, lecturer of Department of Business Administration of University of Asia Pacific. This paper consists of three parts. In first part we will give a short description of currency valuation and factors that affects the currency valuation, and then we animated...
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... Prepared By Md Sarwar kamal Roll: R 143042 Department of Marketing Studies & International marketing University of Chittagong March 2008 LETTER OF SUBMISSION Date: February 08, 2008 To Chairman Department of Marketing Studies &International Marketing University of Chittagong. Through, Supervisor Department of Marketing Studies &International Marketing University of Chittagong. Sub : Submission of Internship Report. Dear Sir, Here is my report on “Foreign Exchange policy of EXIM BANK Limited : A Critical Evaluation ” submitted to your honor. A methodological research was conducted to prepare the report for fulfillment of the requirement of Internship Program, an integral part to the academic curriculum for MBA. This report has been prepared on the basis of the findings out of the research work with practical knowledge, which includes collection of primary and secondary data, discussion with the executives and study on relevant books and publications. I have studied on relevant issues and tried to highlight the pros and cons of it accordingly in this regard. I have also tried to reflect all the findings of my study in this report to the point to make it a rich one. I would like to express my gratitude for your kind guidance in completion of the report assigned for me. I sincerely hope that this report will meet your expectation and will serve its purposes. Thanking you. Sincerely yours (Trishita Chowdhoury) ...
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...Every year the imperialists’ influence on Bangladesh becomes apparent when the Bangladesh Development Forum (previously known as Paris Consortium) meeting is held. This year this meeting was held on May 16 and 17 in Dhaka. In these meetings Finance Minister, Saifur Rahman, met the so-called ‘development partners’ (IMF/World Bank and others) who gathered to pledge money (loan and aid) to help develop the nation. The meetings were hailed a great success as $2 billion in aid were promised to Bangladesh over 3 years. Our governments boast at the amount of funds they can manage from the donor agencies. They present their ability to get money from these donor agencies as a sign of their brinkmanship and claim that this is the only way to solve the nation’s economic problems. In this paper, Hizb ut-Tahrir, Bangladesh exposes the oppressive capitalist nature of the budget and shows how the entire economy of Bangladesh, through a complex package of measures, is being brought under the total grip of the imperialists. ! " # $ % & ' Every year when the budget is presented, one of the most common discussions is that revenue target has not been achieved. Tax is the main source of revenue in Bangladesh (around 95% of total Government of Bangladesh GOB revenue), especially import duties (around 66% of tax revenue). Contribution of VAT (including import) currently stands above 40%. In the name of reform of tax regimes and restructuring of the tax administration, the GOB reduces the...
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...Chapter- One Introduction Report Objective The objective of this report is to identify “Causes of Low Market Demand of Rupali Bank Ltd and Measures to Change the Situation”. This report is done in order to analyze the causes of low market demand which influence customer satisfaction from Rupali Bank Ltd and measures to change the situation. In the current competitive market though different banks are providing different services to grab maximum market share, still customers have their own evaluation or judgment to find the satisfaction level of the service provided by the banks. Market demand depends on customer satisfaction. Analyzing the causes of low market demand is a complex process and sometimes customers even measure their satisfaction based on such factors that they even don’t have clear idea about those issues or factors. The underlying problem in predicting customer choice resides much more in the fact that market demand depends on many different criteria simultaneously, including brand, service and product quality, performance, price, features, and so on. This problem is further confounded in service applications, where customers may consider intangible features and characteristics of the market offerings for e.g., service quality, benefits, safety and trust; interactions between service providers and customers. Thus, incorporating customer preferences and choices into day-to-day managerial decisions is extremely important for today’s highly competitive environment...
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