Banking Regulation & Policy Department Bangladesh Bank Head Office Dhaka

Transcription

1 Banking Regulation & Policy Department Bangladesh Bank Head Office Dhaka website: October, 2005 BRPD Circular Letter.08 Date : Kartik, 1412 Chief Executives All Scheduled Banks in Bangladesh Dear Sir, Amendments of the formats regarding Classification, Provisioning and Interest Suspense Account Please refer to our BRPD Circular Letter. 02 dated on the captioned subject. 02. Necessary CL forms on Classification, Provisioning and Interest Suspense Account were forwarded through the said circular letter. It needs to be mentioned that policy on maintaining general 5% on "Special Mention Account" has been circulated vide BRPD Circular. 09 dated Furthermore, banks have already been advised to maintain general 2% on Small Enterprise Financing and Consumer Financing. Hence, in case of loan from 31/12/2005 being the necessary adjustment has been made to the existing CL forms (CL-1, CL-2, CL-3, CL-4 and CL-5) and incorporated in the amended CL forms enclosed here-with. The other format (CL-6) forwarded through circular letter no. 2/99 will remain unchanged. 03. You are advised to inform all of your branches immediate and take necessary action on the matter. Please acknowledge receipt. Yours sincerely, Enclo : 05(five) (Naba Gopal Banik) General Manager Phone :

2 CL-1 BRANCH SUMMARY OF LOAN CLASSIFICATION AND PROVISION AS OF Ref: C. 16/98, 09/05& 10/05 BANK NAME: BRANCH NAME: Stamp of Branch Serial. (As provided by Bangladesh Bank)... (Taka in '000) Sector Balance outstanding Base for provision Amount Interest Unclassified (UC) Substandard Substandard of provision suspense (SS) (B/L) (SS) (B/L) required Continuous (CL-2) Demand s(cl-3) Term upto 5 years (CL-4) Term over 5 years (CL-5) Short Term Agri. credit and Microcredit (CL-6) Sub- Staff CHECK LIST Form. CL-2 CL-3 CL-4. of Pages Form.. of Pages CL-5 CL-6 RATE OF PROVISION Particulars Short Term Agri. credit All other credit and microcredit Unclassified 5% 1%(Except Small Enterpris e Financing & Consumer Financing) and 2%( For Small Enterprise Financing & Consumer Financing) 5% Sub-standard 5% 20% 5% 50% 100% 100%

3 CL-2 RETURN FOR CLASSIFICATION OF CONTINUOUS LOANS AS OF Bank Name: SL.. Nature of s and Advances BRANCH NAME: identificatio n Date of sanction/last renewal/rescheduling Stamp of Branch Serial.. Balance Outstanding as of Reference date Date of expiry Period of arrears(in Months)(Col 7-Objective 8) criteria Preliminary status of Qualitative Judgement Classifiction status Page. classifition SL Cumulative interest suspense as of Value of eligible securities(in nearest Taka) Unclassified(UC) Substandard Substandar (SS) d(ss) (B/L) (Col ) (Col ) (Col ) (Col )

4 CL-3 RETURNS FOR CLASSIFICATION OF DEMAND LOANS AS OF BANK NAME: BRANCH NAME: Stamp of Branch Serial.. Page. SL.. Nature of s and Advances identification Date of sanction/last renewal/rescheduling DD MM YY Balance Outstanding as of Reference date DD.MM.YY Period of arrears (in Months) (Col. 7-8) Preliminary status of Objective criteria Qualitative Judgement Classification status Claim Date DD.MM.YY SL Unclassified (UC) Substandard (SS) Cumulative interest suspense as of Value of eligible securities (in nearest Taka) (Cols ) Substandard (SS) (Cols ) (Cols ) (Cols )

5 CL-4 RETURNS FOR CLASSIFICATION OF TERM LOANS AND ADVANCES (UPTO 5 YEARS) AS OF BANK NAME: BRANCH NAME: Stamp of Branch Serial.. SL.. identification Principal Amount Date of sanction/last renewal/rescheduling Outstanding as of Amount in arrears Time equivalent of amount in arrears Preliminary status of Objective criteria Qualitative Judgement Classification status Page SL Unclassified (UC) Substandard (SS) Cumulative interest suspense as on Value of eligible securities (in nearest Taka) (Col ) Substandard (SS) (Col ) (Col ) (Col ) te Col.7= Amount due-amount paid Col.8=Col.7x Instalment Frequency(months) Instalment size

6 CL-5 RETURNS FOR CLASSIFICATION OF TERM LOANS AND ADVANCES (FOR MORE THAN 5 YEARS) AS OF BANK NAME: BRANCH NAME: Stamp of Branch Serial.. Page. SL.. identification Principal Amount Date of last renewal/rescheduling Outstanding as of Objective Qualitative Classification criteria Judgement status Amount in arrears Time equivalent of amount in arrears Preliminary status of Cumulative interest Value of eligible SL Unclassified Substandard suspense as on securities Substandard (SS) (UC) (SS) (in nearest Taka) (Col ) (Col ) (Col ) (Col )