date: 5/4/2016 4:58:47 pm
TRANSCRIPT
Auditors' Report and Financial statementsof
sonali Bank Limited & its subsidiaries
as at and for the year ended 3r December 20ls
AHMAD & AKHTARChartered AccountantsBCIC Bhaban (3'd Floor)30-31 Dilkusha Com. AreaDhaka- I 000, BangladeshPh : +880 -2-9561289, 7 17 4t3ZFax: +880-2-9564366E-mail : [email protected]
Aziz Halim Khair ChoudhuryChartered Accountants"Phulbari House,,House 25 Road 1 Sector 9Uttara Model Town Dhaka -1230Ph : + 880-2-8933357Fax :+880-2-8950995
-
-
AIIMAD & AKHTARChartered AccountantsBCIC Bhaban (3d floor)30-31 Dilkusha C/ADhaka- I 000, Bangtadesh
rmmEAzlz H;a,lim Khair ChoudhuryChartered AccountantsPhulbari HouseHouse 25 Road I Sector 9Uttara Model Town Dhaka -1230
Independent Auditors' Reportto the Shareholden of
Sonali Bank Limited and its Subsidiaries
Report on the Financial Statements
We have audited the accompanying consolidated financial statements of Sonali Bank Limited and itssubsidiaries (the 'Group') as well as the separate financial statements of Sonali Bank Limited (the"Bank'), which comprise the consolidated and separate balance sheets as at 3l December zols,and theconsolidated and separate profit and loss accounts, consolidated and separate statements of changes inequity and consolidated and separate cash flow statements for the year then ended, and a summiry ofsignificant accounting policies and other explanatory information.
lUanagement's Responsibility for the Financial Statements and fntemal Controls
Management is responsible for ttre preparation of consolidated financial statements of the Group and alsosepardte financial statements of the Bank that give a true and fair view in accordance with BangladeshFinancial Reporting Standards (BFRS) as explained in note no. 2.00 and for such internal control asmanagement determined necessary to enable the preparation of consolidated financial statements of theGroup and also separate financial statements of the Bank that are free from material misstatemengwhether due to fraud or error. The Bank company Ac! l99l(amended in 2013), and the BangladeshBank Regulations require the Management to ensure effective intemal audit, intemal contool and riskilranagement functions of the Bank- The Management is also required to make a self-assessment on theeffectiveness of anti-fraud intemal controls and report to Bangladesh Bank on instances of fraud andforgeries.
Auditors' Responsibility
our responsibility is to express an opinion on these consolidated financial statements of the Group andthe separate financial statements of the Bank based on our audit. we conducted our audit in accordancewittr Bangladesh Standards on Auditing (BsA). Those standards require that we comply with ethicalrequirements and plan and p€rform the audit to obtain reasonable assuranoe about whether theconsolidated financial statements of the Group and separate financial statements of the Bank are freefrom material miss&atement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures inthe consolidated financial statements of the Group and separate financial statements of the Bank. Theprocedures selected depend on our judgmen! including the assessment of the risks of materialmisstatement of the consolidated frnancial statements of the Group and separate financial statements ofthe Banlq whether due to fraud or error- In making those risk assessments, we considered internal contuolrelevant to the entity's preparation of consolidated financial statements of the Group and separatefinancial statements of the Bank that give a true and fair view in order to design audit procedures that areappropriate in the circumstqnces- An audit also includes evaluating the appiopriateness of accountingpolicies used and the reasonableness of accounting estimates made byrn-ug"-"n! as well as evaluatingthe overall presentation of the consolidated financial statements of the Group and also separate financialstatements of the Bank.
:
AHMAD & AKHTARChartered Accountants
Aziz Halim Khair ChoudhurYChartered Accountants
We believe that the audit evidence we have obtained is suffrcient and appropriate to provide a basis for
our audit opinion.
Opinion
In our opinion, the consolidated financial statements of the Group and also separate financial statements
of the Bank give a true and fair view of the consolidated financial position of the Group and the separate
financial position of the Bank as at 3l December 2015, and of its consolidated and separate financial
performance and its consolidated and separate cash flows for the year then ended in accordance with
Bangladesh Financial Reporting Standards (BFRSs) and comply with the Bank Companies Act 1991 as
amended in 2013, the policies, guidelines, rules and regulations issued by Bangladesh Bank and other
applicable laws and regulations.
Report on Other Legat and ReguletorT Requirements
ln accordance with the companies Act, 1994, the Securities and Exchange Rules 1987, the Bank
company Act, l99l(amended in 2013), and the rules and regulations issued by Bangladesh Bank, we
also report the following:
(a) we have obtained all the information and explanation which to the best of our knowledge and
belief were necessary for the purpose of our audit and made due verification thereof;
(b) to the extent noted during the course of our audit work performed on the basis stated under the
Auditor,s Responsibility section in fonning the above opinion on the consolidated financial
statements of ine Group and the financial statements of the Bank and considering the reports of
the Management to Bangladesh Bank on anti-fraud internal controls and instances of fraud and
forgeries as stated under the Management's Responsibility for the Financial Statements and
Internal Control:
D internal audit, internal control as disclosed in note no' 2'33 and risk management
arrangements as disclosed in note no. 2.21of the financial statements of the Group and the
Bank, appeared to be materially adequate;
ii) nothing has come to our attention regarding material instances of forgery or irregularity or
adminisfiative error and exception or anything detrimental committed by employees of the
Bank and its related entities;
(c)financialstatementsofasubsidiary,SonalilnvesfinentLimited,oftheBankhavebeenauditedby ARTISAN, Chartered Accountants and the financial statements of another subsidiary Sonali
Exchange co.,Inc. of the bank have been audited by uNITED FINANCIAL CPA P'C' and have
been properly reflected in the consolidated financial statements and issued unqualified reports;
(d) in our opinion, proper books of account as required by law have been kept by the Group and the
Banksofarasitappearedfromourexaminationofthosebooks;
(e) the consolidated balance sheet and consolidated profit and loss account of the Group and the
separate balance sheet and separate profit and loss account of the Bank dealt with by the report
are in agreement with the books of account;
2
AHMAD & AKHTARLhortered Accountan9 Aziz Halim Khair Choudhury
Chartered Accountonts
(D ttre expenditure incurred was for the purposes of the Group and the Bank,s business;(g) the consoridated financiar statements of the Group and theBank have been drawn ,p i; ;;;;,'-" fit"":,:,the
separate financiar sarements of thestandards as we, as with reiated ;,r#[;flrff#il:#Hil;ffiffi ,"T,0 account;;
(h) adequate provisions have been made for advances whichrecovery ; - -"' *uva'uEs whrch are, in our opinion, doubtfur of(i) the records and shtements submitted by the branches harconsolidated in the financirr,or"r"r;; "' "'" oranches have been properly maintained and
the information and explanation required by us have been received and found satisfactory; and
ff,iffi:ff ff ffi ;,fl';,:1J];:ffi *:i;xil,ir;:ffi *wehavespen,ar.und
uhartered Accountants , r
Z, irr/d t/l . D/rJ,,e I"TT Khair cnoua{ryChartered a".o*i*tl""
_Date : 28 April20t6Place: Dhaka
0)
(k)
Sonali Bank Limited and its SubsidiariesConsolidated Balance Sheet as at 3l December 2015
I rarticurars
-T,*o."1| -'- - | rrurc
I
PROPERTY,AND ASSETS
cash 3.oo
Cash in Hand (Including Foreign Cunencies)
lalance with Bangladesh Bank and its agent Bank(s)(Including Foreign Currencies)
2014Taka
Balance with other Banks & Financial fnstitutionsIn Bangladesh
Outside Bangladesh
Money at Call on Short Notice
Investments
Government
Others
Loans and AdvancesLoans, Cash Credit, Overdrafu etc.
Bills Purchased and Discounted
Fixed Asset including premises, Furniture and FixtureOther Assets
Non-Banking Assets
Total Assets
LIABILITIES AND CAPITALLiabilities
Borrowing from other Banks, Financiar Institutions &Agents
Deposits and Other AccountsCurrent Accounts & Other Accounts etcBills Payable
Savings Bank Deposits
Fixed Deposits
Other Deposits
Other Liabilities
Total LiabilitiesShareholders EquityPaid up CapitalShare Money DepositStatutory Reserve
Other ReserveRevaluation ReserveSurplus in Profit and Loss Account/Retained Earnings -
969,713,425;J:gl @
33,025,307,720
133,172256,0-44
32,796,534,070
136,970,971,513
I,026,959.553.027 ,35,r96,r50,64'
I 1.00
12.00
825,502,995
865.993.806-23e
776,212,409,747
9,011,267,915217,560,377,059
463,209,757,624
101,994,1g6,173
59,1461057,719
38,300,000,000
7,601,472,379
I07,919,95633,026,1 90,550
89,41
881,709,41g
_ 777,974,792,6g6
162,461,473,194
12,676,341,550199,696,005,g00
413,140,962,152
97,049,921,43113.00
14.00
r5.00
16.0017.0018.00
31,200,000,0007,100,000,0007,601,472,379
I 13,500,00028,169,564,05914,903,699,330
2015Taka
-_ 79_,47_7,626,670 ._ 53Jg2.024.t4S
I 5,854,843,8461@I 64,622,782,524ll +o,srs,+so,+so
I
40,131,540,149
41521,7121000 9,225,592,000
408,430.082.439
I 381,600,397,66211 300,775.9;t8o;l| 26,829,694,777 ll zz.z+t.qal.ltz
I700ffiffiI Il,o48,o4l,o85 ll A.q+g.llo,svl
8.00
9.00
10.00
5.00
6.00
28,7991535,177
77,901,569,41g10,896,965.759
3l,ll4,74g,gg49,016,791,165
Total Li gnd Shareholders' Equity
107
4.00
Sonali Bank Limited and its SubsidiariesConsolidated Balance Sheet as at 3l December 2015
Contingent Liabitities
Acceptances and Endorsements 19.00Letters of GuaranteeInevocable Letters of CreditBills for CollectionOther Contingent Liabilities
Other CommitmentsDocumentary credits and short term trade related transactions
Forward asset purchased and forward deposit placedUndrawn note issuance and revolving underwriting facilitieUndrawn formal standby facilities, credit lines and othercommitmentsClaim against the bank not acknowledged as debtLitigation pending against Bank
Total OffBalance Sheet Items including Contingent Liabilities
2015Taka
2014Taka
251,952,992,975
2,934,121,419242,443,332,567
6,675,439,990
229,929,739,014
4,524,516,271206,390,740,160
19,014,491,593
Net Asset Value per Share (NAVpS)
These financial statements should be read in coniunction with the annexed notes 0l
251,952,992,975 229,929,739,014
151.82
to 48.
190.32
Pradip Kumar I)uttaManaging Director & CEO
Subhash Chandra Das FCMA, FCA
Chief Financial Officer (CFO)
Wv4/'vMd. Abdui Rouf
Deputy Managing Director
$*yIfurziT&iqul Islam
DirectorChairman (Acting)
Aziz Halim Khair Choud huryChartered Accountants
Md. Shaheb Ali Mridha
Director
Signed as per our annexed report ofeven date.
kffi#h+*Ur-- ), ilr/rl ,t t4 t/n./]oy-Chartered Accountants
Date:28 Apil20t6Place: Dhaka
Sonali Bank Limited and its Subsidiariesconsolidated Profit and Loss Account for the year ended 3 r December 20r5
2015
Taka2014Taka
Operating Income
Interest income
Interest paid on deposit and borrowing etc.
Net Interest Income
Invesfrnent income
Commission, exchange and brokerage
Other operating income
Total 0perating Income (A). Operating Expenses
Salary and allowances
Rent, tax, insurance, electricity etc.
Legal expenses
Postage, stamps and telecommunication etc.
Printings, stationery, advertisements etc.
Chief Executive's salary and fees
Directors'fees
Auditors'fees
Depreciation & repair to bank's assets
Other expenses
Total Operating Expenses (B)
Profit Before Provision, Amortization and Taxes 6=(A.-8)Provision for loans & advances
Provision for diminution in value of investrnent
Other Provision
Total Provision @)
Total Profit(Loss) before taxes E:(C_D)
Provision for taxation (F)
Current tax
Deferred tax
Net ProfiU(Loss) after taxation G=(E_F)
(14,367,976,750) (13,339,600,922)
21.00
22.00
23.00
24.00
25.00
32,359,247,311
(46,727,224,061
27,424,492,591
9,347,204,409
533,293,790
37,304,990,769
29,971,597,332
(43,311,199,254
23,151,349,750
10,737,404,769
1,174,530,294
35,063,293,913
22,937,014,019 21,723,692,991
26.00
27.00
28.00
29.00
30.00
31.00
32.00
33.00
34.00
35.00
36.00
37.00
38.00
8,679,641,656
8,277,225,620
170,952,342
2,535,504,724
10,993,592,6g6
8,610,929,157
103,624,351
19,624,609
2,705,966,796
2,929,115,745
(2,303,941,030)
Q,952,364,917)
200,559,400
(3,052,924,31
549,423,997
5,791,713,412
(196,625,149)
215,946,921
(412,572,o',
_ 5,979,339,561
13.0s
9.08.02
9,605,993,404
940,473,915
34, I 95,956
79,390,495
209,617,645
7,220,097
4,590,342
2,695,445
579,292,349
2,995,032,936
14,257,372,363
8,726,331,770
793,794,717
33,291,411
74,333,330
27g,2gg,7gg
9,254,707
5,699,693
2,910,016
574,019,347
2,694,930,564
13,112,953,734
Sonali Bank Limited and its Subsidiariesconsolidated Profit and Loss Account for the year ended 3l Decemb er z0l5
20lsTaka
2014Taka
Appropriation:
General Reserve
Reserve for CSR
Statutory Reserve
Retained Surplus Canied Forward
Eamings per Share (EPS)
60,000,000
60,000,000
60,000,000
1,169,294,624
1,229,294,624
15.00
These financial statements should be read in conjunction with the annexed notes 0l to 4g.
Subhash Chandri Das FCMA, FCA
<TT7119{1,Md..Abduri.ouf
Deputy Managing DirectorChief Financial Officer (CFO)
499,423,997
-
4,750,043,937
1.43 31.72
Chairman (Acting)
44.00
x,,iffir"-
\\e."
----
Md. Shaheb Ali MridhaDirector
Signed as per our annexed report ofeven date.
Iffihp-4,Chartered Accountants
Date:28 April2016Place:Dhaka
0, 6*b tl un/)*t.Aziz Halim Khair Choud|dryChartered Accountants
Pradip Kumar Dutta
Sonali Bank Limited and its Subsidiariesconsolidated cash Flow Statement for the year ended 3l Decembe r 20lS
Interest receivedInterest paidDividend ReceivedFee and commission receivedRecoveries of previously written_offloan & advancesCash paid to employeesCash paid to SuppliersIncome taxes paidReceived from other operating activities
Paid for other operating activitiesCash generated from operating activitiesIncrease(decrease) in operating assets and liabilitiesLoans & advances to customersOther assets
Deposits from other banksDeposits from customersOther liabilities
Net cash flow from operating activitiesB. Cash flows from investing activities
(Purchase)/Sale of securities & bond(Purchase)/sale of property, plant & equipmentNet cash flow from investing actiyities
C. Cash flows from financing activitiesReceived share money depositPayments for redemption of loan capital & debt securityDividends paid
Net cash flow from linancing activitiesD. Net increase/decrease in cash and cash equivalents (A+B+C)E. Cash and cash-equiyalents at beginning for the yearF. Cash and cash-equivalents at end ofthe year 43
These financial statements should be rsad in conjunction with the annexed notes 0l
2015Taka
2014Taka
(8,722,929,3964,692,745,702
88,019,023,55319.631
64357.54r.$386,749,772,494
(38,759,596,959)238,773,65t
(3E,99EJ70,510)
(56,206,;n)
5,991,692,153(9,440,ggg,3g l)
92,2lg,4gl,3lgI69361.8E8.424
-
76,563246.153
(70,499,046,922
735,051(70,755,781.973)
7,100,000,000(56,369,
(56,206,523)
47,695,195,460
lg2?10,601,049
229,905,796,510
-
ro 48.
7,043.630.050
12,951,094,230
169359.506.8r9
192210,601,049
Subhash Chandra Das FCMA, FCAChief Financial Officer (CFO)
qz-Z->1<awMd./Abdu; Rouf
Deputy Managing Director Managing Director & CEO
$vKazi Tarlrqul Islam
DirectorMd. Shaheb Ali Mridha
Director
(^4t'n'AgzMohahfirad Muslim Chowdhury
Date: 28 April 2016Place: Dhaka
Cash flows from operating activities
58,996,396,787(33,794,047,390)
931,935,9437,407,032,4661,399,559,000
(9,613,113,491)(339,8 13,835)
(1,160,000,0002,146,975,334
(3,493,494,163)
22,392,230,661
53,596,224,453(43,31l,096,lgl
1,292,102,1507,499,123,071
956,063,000(8,734,595,977)
(219,299,(3,166,323,91
3,439,531,214
(4,t28,
7201357,729
Chairman (Acting)
(
Sonali Bank Limited and its Subsidiariesconsolidated Statement of Changes in Equity for the year ended 3 r Decembe r 2015
as at 01 January 2015
Prior year adjustrnent during the period
urplus/deficit o,lvestnent HTM & ttrT)
Currency translation differences
Profit(Loss) for the year (after appropriation)
of Intangible AssetVGoodwill Adjustment(6,s74,320,7t6)money tansferred to paid up
Share money rcceived during the year
made for CSR during the period
Transfened to Statutory Reserve
Balance as at 31 December 2015
as at 31 December 2014
These furancial statementqshould be read in conjunction with the annexed notes 0l to 4g.
Subhash Chandra Das tr'CMA, FCAChief Financial Officer (CFO)
Ur'tY
Zv-7u%,Md. AMur Rouf
Deputy Managing Director Managing Director & CEO//
Kazi Tariqul IslamDirector
Date: 28 April 2016Place: Dhaka
tJ"^A'r*ffiMohammld Muslim Chowdhury
Md. shilheb AIi MridhaDirector
Chairman (Acting)
lr I
7,100,000,000
Sonali Bank LimitedBalance Sheet as at 3l December 2015
Particulars I Note
PROPERTY AND ASSETSCash 3.00
Cash in Hand (Including Foreign Currencies)
Balance with Bangladesh Bank and its agent Bank (s)
(Including Foreign Currencies)
Balance with other Banks & Financial Institutions
In Bangladesh
Outside Bangladesh
Money at Call on Short Notice
Investments
Government
Others
Loans and AdvancesLoans, Cash Credit, Overdrafts, etc.
Bills Purchased and Discounted
Fixed Asset including Premises, f,'urniture and
FixtureOther Assets
Non-Banking Assets
Total Assets
LIABILITIES AND CAPITALLiabilitiesBorrowing from other Banks, Financial Institutions
& Asents
Deposit and Other Accounts
Current Accounts & Other Accounts etc.
Bills PayableSavings Bank DepositsFixed DepositsOther Deposits
Other Liabilities
Total LiabilitiesShareholders' EquitYPaid up CapitalShare Money DepositStatutory Reserve
Other Reserve
Revaluation Reserve
Surplus in Profit and Loss Account/Retained Earnings
Total Liabilities and Shareholdersr Equity
1,026,108,505,?71 %4,5nil5J46
825,502,895
866,012,281,779
881,709,418
162,529,378,79912,676,341,55O
189,696,005,800413,140,962,152
96,088,873,462
2015Taka
4.00
5.00
6.00
8.00
9.00
10.00
I 1.00
12.00
13.00
2.688.301
14.00
15.00
16.00
17.00
18.00
967,725,348,91158,383,156,860
38,300,000,000
7.601,472,379107,818,856
33,026,180,550
(20,652,314,925)
875,013r71,181,966
3l,200,000,0007,100,000,0007,601,472,379
I 13,500,000
28,168,564,059
(14,604,492,4',12)
2014Taka
70,477,626,670 53,392,074,145
@@I uo,urr,rrr,rrol I ou,r,r,oru,o*o
I
28,572,059359
17,895,819,00010,676,240,359
4,521,712,000
4O7,955,474,784
381,600,397,66226,355,077,122
7.00 346,346,340,867 337,554,433,143
39,838,384,042
31,105,919,000
8.732.565
912251592,00O
322,726,926,751
300,775,993,900
21,950,942,951
@@| 11,049,041,095 ll ru,qqg,ll0,sg7 |
33,016,011,697
135,219,280,3_94
32,767,569,369
139,097,346,696
176,230,885,2819,011,261,815
217,560,377,059463,209,757,6_24
100,887,564237
10
Sonali Bank LimitedBalance Sheet as at 31 December 2015
Particulars I Note
OffiBalance Sheet Items
Contingent Liabilities
Acceptances and Endorsements 19'00
Letters of Guarantee
Irrevocable Letters of Credit
Bills for CollectionOther Contingent Liabilities
Other CommitmentsDocumentary credits and short term trade related transactions
Forward assets purchased and forward deposits placed
Undrawn note issuance and revolving underwriting facilities
Undrawn formal standby facilities, credit lines and other
commitments
Total OffBalance Sheet items including contingent liabilities
Net Asset Value per Share (NAVPS)
251,952,892,975 229,929,738,014
152.44 190.96
2015Taka
2014Taka
2,834,121,418242,443,332,567
6,675,438,990
229,929,738,0144,524,516,271
206,390,740,16019,014,491,593
251
These financial statements should be read in conjunction with the annexed notes 01 to 48.
%.>1/19<Vr\
Md. Abdur Rouf
Deputy Managing Director
@ (*d$-GhaMd. shaheb Ari Mridha ,"0.^M"wdhury
Director Chairman (Acting)
Signed as per annexed report ofeven date'
)* l"r/a {l tl'4''7Aziz Halim Khair ChoudhurYChartered Accountants
subhash".k,FCAChief Financial Officer (CFO)
,tNKazi Tarir(ul Islam
Director
Chartered Accountants
Date: 28 April2016Place: Dhaka
l1
Pradip Kumar Dutta
Managing Director & CEO
Sonali Bank LimitedProfit and Loss Account for the year ended 3l December 2015
Particulars I Note
Operating Income
Interest income
Interest paid on deposit and bonowing etc.
Net Interest Income
Investment income
Commission, exchange and brokerage
Other operating income
Total Operating Income (A)
Operating Expenses
Salary and allowances
Rent, tax, insurance, electricity etc.
Legal expenses
Postage, stamps and telecommunication etc.
Printings, stationery, advertisements etc.
Chief Executive's salary and fees
Directors'fees
Auditors'fees
Depreciation & repair to bank's assets
Other expenses
Total Operating ExPenses @)
Profit Before Provision, Amortization and Taxes 6=1A-8)
Provision for loans & advances
Provision for diminution in value of investment
Other provision
Total Provision @)
Total Profit/(Loss) before taxes E=(C-D)
Provision for taxation (F)
Current tax
Defened tax
Net Profit/(Loss) after taxation G=(E-F)
22,702,412,349 21,457,027,045
2015 2014Taka
21.00
22.00
23.00
24.00
25.00
32,313,077,239
(46,699,338,149
(14,386,260,910)
27,400,014,402
9,155,665,790
532,993,067
37,088,673,259
29,903,879,988
(43,284,06
(13,380,183,061)
23,136,318,700
10,526,892,935
1,173,998,471
34,837,210,106
26.00
27.00
28.00
29.00
30.00
31.00
32.00
33.00
34.00
35.00
36.00
37.00
38.00
8,650,955,942
8,227,793,118
156,900,000
2,535,504,724
10,920,197,842
8,547,339,903
2,705,866,786
2,705,866,786
(2,269,241,900)
(2,855,740,162)
197,184,155
(3,052,924,317)
586,498,262
51841,473,119
Q13,170,406)
199,401,664
(412,572,070)
6,054,643,526
13.05
9.08.02
9,425,641,252
831,369,908
34,135,856
78,093,893
209,335,116
7,220,087
4,132,042
2,616,695
570,052,168
2,888,859,390
14,051,456,407
8,550,475,795
775,904,540
33,265,161
73,931,894
218,921,922
9,254,707
5,304,933
2,847,516
563,899,752
2,676,880,920
12,909,687,140
t2
Sonali Bank LimitedProfit and Loss Account for the year ended 31 December 2015
Particulars I Note
These financial statements should be read in conjunction with the annexed notes 0l to 48.
NMlx'{r -/VYSubhash Chandra Das FCMA,
Chief Financial Officer (CFO)
AppropriationsGeneral Reserve
Statutory Reserve
Reserve for CSR
Dividend etc.
Retained Surplus Canied Forward
Earnings per Share (EPS)
V-N"YKaziT*rtqtl Islam
Director
Chartered Accountants
Date:28 April2016Place: Dhaka
2015
60,000,000
2014
\tag,zgq,az+60,000,000
15.00
44.00
q;z.zVt-WFCA Md. Abdurh.ouf
Director
Signed as per our annexed report ofeven date.
60,000,000 1,228,294,624
526,498,262 4,926,349,902
1.53 32.12
@/Pradip I(6mar Dutta
Deputy Managing Director Managing Director & CEO
Chairman (Acting)
l
),6*/,/Jn l,h/l*yAziz Halim Khair ChoudhuryChartered Accountants
13
Sonali Bank LimitedCash Flow Statement for the year ended 31 December 2015
Particulars N
A. Cash flows from operating activities
Interest received
Interest paid
Dividend Received
Fee and commission received
Recoveries of previously written-off loan & advances
Cash paid to employees
Cash paid to Suppliers
Income taxes paid
Received from other operating activities
Paid for other operating activities
Cash generated from operating activities
Increase(decrease) in operating assets and liabilities
Loans & advances to customers
Other assets
Deposits from other banks
Deposits from customers
Other liabilities
Net cash flow from operating activities
Cash flows from investing activities(Purchase/Sale of securities & bond(Purchase)/sale of properly, plant & equipment
Net cash flow from investing activities
Cash flows from financing activities
Received share moneY dePosit
Payments for redemption of loan capital & debt security
Dividends paid
Net cash flow from financing activities
D. Net increase/decrease in cash and cash equivalents (A+B+C)
E. Cash and cash-equivalents at beginning for the year
F. Cashandcash-equivalentsatendoftheyear 43
These financial statements should be read in conjunction with the annexed notes 0
2015Taka
58,925,566,441
(33,751,451;
83 1,835,943
7,378,250,811
1,399,559,000
(9,450,084,3E1)
(314,904,357)
(1,160,000,000)
1,983,817,658
3.474,51
2236E,072$2E
2014Taka
B.
C.
(8,791,907,724)
4,727,619,036
1,577,022,665
86,392,570,814
(19,6t4,E21
64?90,483,397
E6,65E,555,725
(38,582,030,126443,326
(38,830,473,452)
5,896,092,361
(8,886,445,93
3,629,960,902
88,5 I E,13E,002
19,239,245
69,918,500263
76,49E,479,E77
(70,43 I,500,,9s7,
(70,696,458,026)
(56,206,523
(56,206,523)
47,771,875r750
1E1,917,444,942
_229,689320,692_
I to 48.
7,100,000,000
(56,369,951
7,043,630,049
12,845,651,900
169,071,793,042
_r8r9r7A449A_
w-\wMdr Abdur Rouf
Deputy Managing Director
^0N,rra{ip ilmarDluttaManaging Director & CEO
(*gtsfi"CfMoha mBadMuslim Chowdhu rY
Md. Shaheb Ali MridhaDirector
Date: 30 March 2015
Place: Dhaka
53,503,445,410
(43,293,960,976'
1,292,102,150
7,409,464,724
956,063,000
(8,572,978,916)
(316,205,179)
(3,166,323,81 5)
3,306,145,903
7
6,579,979,614
Subhash Chanf,ra Das FCMA, FCA
Chief Financial Officer (CFO)
Kazi Tariqul'IslamDirector
l4
Chairman (Acting)
r(
Sonali Bank LimitedStatement of Changes in Equity for the year ended 3 I December 201 5
.t .( ,t;
Particulars Paid up CaPitalShare Money
DepositStatutoryReserve
Other ReserveAsset Revaluation
Reserve
Revaluation ofInvestment
RetainedEarnings
Total
Rrlance as at 01 JanuarY 2015 31,200,000,000 7,100,000,000 7,601,472,379 107,000,000 21,495,933,277 6,672,630,782 (14,597,992,472: 59,579,O43,966
durins the oeriod 6,s00,000 (6,500,000)
onening balance 31,200,000,000 7,100,000,000 7,6011472,379 113,500,000 21,495,933,277 6,672,630,782 (14,604,492,472) 59,579,043,966
-,rrptuva"n"it
on account of revaluation of
investments/(Revatuation of investment HTM &
^,,,an^t, transletion differences
4,857,616,491 4,857,616,491
/after annronriation') 526,498,262 526,498,262
ffioii-rti- or l"t-giut" AssetVGoodrvill
Adjustment
shere monev transferred to paid up capital
(6,574,320,716) (6,574,320,716)
7,100,000,000 (7,100,000,000)
Adirrstmert made for CSR during the period (65,681,144) (65,6E1,144)
r.oncfcned to Reserve for CSR 60,000,000 60,000,000
Iransfened to StatutorY Rtryttm300-000.000 7,601,472379 107.818,856 21.495.933.277 11.530,247,273 o0,552.314,925) 5E3$.r55.860
These financial statements should be read in conjunction with the annexed notes 01 to 48'
Subhash Chandra Das FCMA' FCA
Chief Financial Oftrcer (CFO)
=r'.2f,ry-uMd. Abdur RbufDeputy Managing Director
rraoifi-ftrrmarmrr-Managing Director & CEO
,LnVY/Kazi Tffiqul Islam
Director
Date: 28 APril2016
Place : Dhaka
,rn"ffiDirector Chairman (Acting)
t[,
ill]I*. ".
et 3l D!q!q!gr 2015
t t(
Sonali Bank Limited
Liquidity Statement, Asset and Liabilities Maturity Analysis as at 31 December 2015
ParticularsUp to 01 month
maturity1-3 monthsmaturity
3-12 monthsmaturity
1-5 yearsmaturity
More than 5 yearsmaturity
Total
Assets
Gn.J at call on short notice
70,477,626,670 70,477,626,670
10,160,704,540 12,490,320,139 5,775,215,680 145,819,000 28,572,059359
4,521,712,000 4,521,712,000
3,218,015,029 I 13.280.876.184 36,541,392,680 122,302,949,364 132,612,241,527.00 407,955,474,784
Investments21,851,477,190 4,691 ,717 ,713 11,392,026,640 143,808,508,252 164,603,211,072 346346540,857
LoonS an(t auvarvso
Di-az{ acccrc includine oremises, fumiture and fixtures 258,873,091 524,202,970 1,085,537,247 3r,047,398,387 33,016,011,695
5 I ,581 ,486,784 25,085,373,293 21,032,136,095 17,713,085,108 19,807,199,1 l6 L35,219,280,396
Other assets
Non-banking assets161.811.022.213 155,805,560,420 75,364,974,065 28s.0ss.898.971 348.070.050.102 1.026,108,505,771
825,502,895 825,502,895
and agentsI 57,885,556,058 I 5l ,868,283,705 92,396,671,190 185,407,911,798 278,453,859,028 866,012A81,179
DePoslts
orher accounts
llllllllllllllll"olri.ionandotherliabilities
Total Liabilities
26,927,806 9,823,083,403 65,5 I 8,281 ,21 9 25,455,830,667 100,887,56423763,441,14iz
157,948,997,200 151,895,211,511 102,219,754,593 250,926,193,017 304,735,192,590 967,725,348,911
3,862,025,013 3.9r1348.909 (26,854,780,528) 34,129,705,954 43.334.857.s12 58.383.156.860
Net Liqulory uapbasi these deposits are not
;ffimaurityandh€ncehavcbe!nc1assificd0mo,uallfiv.maturiti€s.Furthcr'ithasbe.nassumedthatonagoingconc€mexpected io fall bclow thc current y€ds lcvel'
deposits
w-.-Subhash Chandra Das FCMA' FCA
Chief Financial Officer (CFO)
v"$KaziTqdqtl Islam
Director
Date:28 APril2016
Place: Dhaka
a-6?-'leMd. Abdur Rouf
Deputy Managing Director
Director
t6
%Md. Shahebfti tu.ian,
(s4rr,4fMo h a mla ii Mu s lim C h owd h u -ry-
+Pradip Kumar Dutta
Managing Director & CEO
Chairman (Acting)
r(rt t rl ,.,[(
r(
Sonali Bank LimitedNotes to the consolidated and separate financial statements
as at and for the year ended 3l December 2015
1.00 Corporate profile of the Bank and its activities
1.01 Legal status and nature ofthe reporting entity
Sonali Bank Limited, a state owned largest commercial Bank was incorporated in Bangladesh on 03 June 2007
as a public limited company under the Companies Act 1994 and governed by the Bank Companies Act l99l
lamended 2013). Sonali Bank Limited took over the businesses, assets, liabilities, right, power, privilege and
obligation of erstwhile Sonali Bank (emerged as a Nationalized Commercial Bank in 1972), pursuant to
nanltadestr Bank Nationalization order 1972 (P.O. No. 26 of 1972) on a going concern basis through a
vendor agreement signed between the Ministry of Finance, People's Republic of Bangladesh on behalf of
Sonali Bank and the Board of Directors on behalf of Sonali Bank Limited on 15 November 2007 with a
retrospective effect from I July 2007. The Bank has 1207 branches including two overseas branches at Kolkata
and Siliguri in India. The Bank has two 100% owned subsidiaries named Sonali Exchange Co. Inc. (SECI)'
USA and Sonali Investment Limited, Dhaka. It has also two associates named as Sonali Bank (U.K) Ltd. and
Sonali Polaris FT Limited.
The registered offrce of Sonali Bank Limited is located at35-44 Motijheel Commercial Area, Dhaka - 1000
and the website address is www.sonalibank'com'bd
1.01.01 Principal Activities of the Bank
The principal activities of the bank are to vastly involved to provide a comprehensive range of financial
services:
a) personal and commercial banking, including accepting deposits, remittance, money fiansfer, foreign
exchange transaction, guarantee, commitments, trade and services, cash management' treasury, securities, etc'
to its customers
b) Fund based services include short term & long term loans, Project wise industrial credit, discounting and
purchasing bills' consumers and staff loans, House & car loans etc'
c) The Bank also provides custodian services and perform Govemment treasury functioning as an agent of the
Bangladesh Bank as well through its 596 branches (including 58 chest and 8 sub chest branches)'
1.01.02 Islamic Banking Window
Sonali Bank Limited has started banking business based on Islamic Shariah since 29 June 2010' The Islamic
Banking windows are performing the banking activities through on-line banking through collection of deposit
and investment assistance. The bank op.r.i., Islamic Banking window in the following five branches
desigrated in compliance with the rules of Islamic Shariah:
l .Wage Earners Corporate Branch,Dhaka (Window transferred from Fakirapool Branch, Dhaka in 2015)
2. Agrabad Corporate Branch' Chittagong
3. Khulna CorPorate Branch' Khulna
4. Dargagate Corporate Branch' Sylhet
5. Bogra CorPorate Branch' Bogra'
SeparatefinancialstatementoflslamicBankingWindowhasbeendrawnupinthereport
1.02 Subsidiaries of the Bank
Sonali Bank Limited has two 100%
Sonali Investment Limited Dhaka'
owned subsidiaries named Sonali Exchange Co''Inc' (SECI)' USA and
t7
/'
1.02.01 Sonali Exchange Co.Inc. (SECI), USA
A subsidiary company named Sonali Exchange Co. Inc. was incorporated on 4 April 1994 under the laws of the
State of New York, Department of State, licensed on 17 Octobet 1994 by the State of New York Banking
Department and commenced operation as an lntemational Money Remitter from 12 December 1994. The
Company is a wholly-owned subsidiary of Sonali Bank Limited, a fully state owned bank of Bangladesh, which
is also the Company's ultimate holding company. The principal activities of the Company are to carry on the
remittance business and to undertake and participate in any or all transactions, activities and operations
commonly carried on or undertaken by remittance and exchange house'
1.02.02 Sonali Investment Limited, Dhaka
Sonali Investment Limited was registered under the Company Act 1994 as a Public Company Limited by shares
on 20 April 2010 and commenced its operation from 22 April 2010. The Company obtained registration from
Securities and Exchange Commission as a merchant bank on 28 October 2010. The Company is a wholly-
owned subsidiary of Sonali Bank Limited, a fully state owned bank of Bangladesh, which is also the Company's
ultimate holding company. The principal activities of the company comprised of merchant banking, portfolio
management, issue management and underwriting and play active role in the Capital Market of Bangladesh .
f.02.03 Accounting Policies of Subsidiaries
The Financial Statement of two subsidiaries have been prepared with consideration and measurement of all
assets, liabilities, income and expenses as well as regularised under Group accounting policies as Parent
Company follows.
BFRS sets out the conditions under which an entity qualifies as a parent undertaking which should prepare
consolidated financial statements for its group-the parent and its subsidiaries. In general an investor that
controls an investee entity is its parent and should account for that entity as a subsidiary. The bank has coplied
the applicable BFRS in preparing its separate and consolidated financial statements.
1.03 Associates
1.03.01 Sonali BankUIC Ltd. (SB. UI( Ltd')
A money remitting company under the name and style of Sonali Trade and Finance (U'K) Limited was
incorporated as anlsociate under the U.K. Companies Act 1985 on 30 June 1999. Subsequently the company
was allowed to-commence its function as a bank from 7 December 2001 (the operational activities started on l0
December 2001) by the Financial Services Authority of U.K. had changed its name as Sonali Bank (U'K) Ltd'
and restructured the o*reohip of the Company having 5l% share capital in favor of the Govemment of the
People'sRepublicofBangladeshandremaining4go/obySonaliBankLimited.
1.03.02 Sonali Polaris FT Limited, Bangladesh
Sonali polaris FT Limited (hereinafter referred to as the "company" of SPFTL) was incorporated in Bangladesh
as a private Limited comPany on 25 January 2012 under the Companies Act 1994' The Company commenced
itsbusinessop"*ionon0lFebruary2l|2lheprincipalactivitiesoftheCompanyaretocustomize'enhance,modifi, and implement Intellect cBS 10.0 Software in sanl$' The Company also provides other services like
initiation,developmentandimplementationofcomputerapplicationsystems,etcrelevanttothecustomerandany other business undertakinis. The ownership olthe company having 5l%o share capital in favor of Polaris
Financial Technolory Ltd., lndia, :sx uy ionali Bank Limited and remaining l0% by Bangladesh commerce
Bank Ltd.
l8
2.00 Basis ofpreparation and significant accounting policies
2.01 Basis of PreParationThe consolidated financial statements of the Group and the financial statements of the Bank as at and for the
year ended 3l December 2015 have been prepared under the historical cost convention excePt investments and
in accordance with the "First Schedule" (section 38) of the Banking Companies Act l99l (Amended 2013), and
Bangladesh Bank (the Central Bank of Bangladesh) through BRPD Circular no. 14 dated 25 June 2003, other
Bangladesh Bank Circulars, Bangladesh Financial Reporting Standards (BFRSs), the Companies Act 1994, the
Securities and Exchange Rules 1987 and other laws and rules applicable in Bangladesh. In case any
requirement of provisions and circulars issued by Bangladesh Bank differs with those of other regulatory
authorities, the provisions and circulars issued by Bangladesh Bank shall prevail.
2.02 Statement of ComPliance
The financial statements have been prepared on a going concem basis following accrual basis ofaccounting in
accordance with the "First Schedule (Section 38) of the Banking Companies Act l99l (amended in 2013) and
BRpD circular no. 14 dated25 June 2003, BRPD circular no. 15 dated 9 November 2009, other Bangladesh
Bank Circulars, Bangladesh Financial Reporting Standards (BFRSs), Bangladesh Accounting Standards
(BASs), Financial Accounting Standards issued by the Accounting and Auditing Organization for Islamic
Financial Institutions, Bahrain etc. The Bank also complied with the requirement of the following regulatory
and legal authorities:
i) The Bank Companies Act, 1991 (amended in 2013)
ii) The ComPanies Act, 1994
iii) Rules, regulations and circulars issued by the Bangladesh Bank from time to time
iv) Securities and Exchange Ordinance 1969
v) Securities and Exchange Commission Act, 1993
vi) Income Tax Ordinance and Rules 1984
vii) VAT Act, l99lviii) Labor Act,2006 (amended 2013)
However, the Group and the Bank has departed from some requirements of BFRSs in order to comply with the
rules and regulations of Bangladesh Bank which are disclosed below:
2.02.01Investment in shares and securities
Btr'RS: As per requirements of BAS 39 investments in shares and securities generally falls either under "at fair
value through profit and loss Account" or under "available for sale" where any change in the fair (as measured
in accordance with BFRS 13) value at the year-end is taken to profit and loss Account or revaluation reserye
account resPectivelY.
Bangladesh Bank: As per BRPD circular no. 14 dated 25 June 2003 investments in quoted shares and
unquoted shares are revalued at the year end at market price and as per book value of last audited balance sheet
respectively. provision should be made for any loss arising from diminution in value of investment; otherwise
investments are recognised at cost'
2.02.02 Revaluation gain/loss on Government securities
BFRS:AsperrequirementofBAS3g,T-billsandT.bondsfallunderthecategoryofheldfortrading'andheldtomafurity,,whereanychangeinthefairvalueofheldfortradingisrecognisedinProfitandLossAccount, and amortised cosimethod is applicable for held to maturity using an effective interest rate'
l9
Bangladesh Bank: According to Department of Offsite Supervision (DOS) of Bangladesh Bank Circular no.
5 dated 26May 2008 and subsequent clarification in DOS Circular no. 5 dated 28 January 2009 of Bangladesh
Bank, loss on revaluation of Govemment securities (Treasury Bill (T-bilD/ Treasury Bond (T-bond)) which are
categorised as held for trading should be charged through Statement of Comprehensive Income (Profit and
Loss Account), but any gain on such revaluation should be recorded under Revaluation Reserve Account.
However, at the year-end if there is any revaluation gain for any particular held for trading T-bills/T-bonds;
such gain can be used to the extent of any revaluation loss for that particular held for trading T-billVT-bonds. T'
bills desigrrated as held to maturity are measured at amortized cost method but interest income / gain should be
recognized through reserye.
2,02.03 Provision on loans and advances/investments
BFRS: As per BAS 39 an entity should start the impairment assessment by considering whether objective
evidence of impairment exists for financial assets that are individually significant. For financial assets which
are not individually sigrificant, the assessment can be performed on an individual or collective (portfolio) basis.
Bangladesh Bank: As per BRPD Circular No. l4 (23 September 2012), BRPD circular No.l9 (27 December
2012), BRPD circular No.05 (29May 2013) and BRPD Circular No. 8 (02 August 2015) a general provision at
0.25o/o to 57o under different categories of unclassified loans (good/standard loans) has to be maintained
regardless of objective evidence of impairment. Also provision for sub-standard loans, doubtful loans and bad
losses has to be provided at20%o,50% and 1007o respectively for loans and advances depending on the duration
of overdue. Again as per BRPD circular no.l0 dated lE September 2007 and BRPD circular no. 14 dated 23
September 2012, a general provision at l%o is required to be provided for all off-balance sheet exposures. Such
provision policies are not specifically in line with those prescribed by BAS 39.
2.02.04 Recognition of interest in interest suspense account
BFRS: Loans and advances to customers are generally classified as 'loans and receivables' as per BAS 39 and
interest income is recognized through effective interest rate method over the term of the loan. Once a loan is
impaired, interest income is recognized in profit and loss account on the same basis based on revised carrying
amount.
Bangladesh Bank As per BRPD circular no. 14 dated 23 September 2012, once a loan is classified, interest
on such loans are not allowed to be recogrized as income, rather the corresponding amount needs to be credited
to interest suspense account, which is presented as liability in the balance sheet.
2,02.05 Other comprehensive income
BtrRS: As per BAS I Other Comprehensive Income (OCI) is a component of financial statements or the
elements of Other Comprehensive Income (OCI) are to be included in a Single Comprehensive Income (SC!
Statement.
Bangladesh Bank: Bangladesh Bank has issued templates for financial statements which will strictly be
followed by all banks. Th-e templates of financial statements issued by Bangladesh Bank do not include Other
Comprehensive Income; and the elements of other Comprehensive Income are also not allowed to be included
in a Single comfrehensire Income (SCl) Statement. As such the company does not prepare the other
Comprehensive Income statement. Ho*eve. elements of SCI, if any, are shown in the statement of changes in
equitY.
Financial instruments - presentation and disclosure
In several cases Bangladesh Bank guidelines categories, recognize' measure and present financial instruments
differently from those p."r*iu.a irisls ls. es sicl full disclosure and presentation requirements of BFRS 7
and BAS 32 cannot be made in the financial statements'
2.02.06
20
2.02.07 REPO Transactions
BFRS: When an entity sells a financial assets and simultaneously enters into an agreement to repurchase the
asset (or a similar asset) at a fixed price on a future date (REPO or stock lending), the arrangement is accounted
for as a deposit, and the underlying asset continues to be recognized in the entity's financial statements. This
fiansaction will be ffeated as loan and the difference between selling price and repurchase price will be treated
as interest exPenses.
Bangladesh Bank: As per BRpD guidelines, when a bank sells a financial asset and simultaneously enters into
an agreement to repurchase the assets (or a similar asset) at a fixed price on a future date (REPO or stock
lending), the arrangement is accounted for as a normal sales transactions and the financial assets are
derecognized in the seller's book and recogrized in the buyer's book.
2.02.0E Financial guarantees
BFRS: As per BAS 39, financial guarantees are contracts that require an entity to make specified payments to
reimburse the holder for a loss it incurs because a specified debtor fails to make payment when due in
accordance with the terms of a debt instrument. Financial guarantee liabilities are recognized initially at their
fair vatue, and the initial fair value is amortized over the life of the financial guarantee. The financial guarantee
liability is subsequently carried at the higher of this amortized amount and the present value of any expected
payment when a poy*rnt under the guarantee has become probable. Financial guarantees are included within
other liabilities.
Bangladesh Bank: As per BRPD 14, financial guarantees such as letter of credit, letter of guarantee will be
rreat;d as off-balance sheet items. No liability is recognized for the guarantee except the cash margin.
2.02.09 Cash and cash equivalents
BFRS: cash and cash equivalents items should be reported as cash item as per BAS 7'
Bangladesh Bank Some cash and cash equivalent items such as 'money at call and on short notice', Treasury
bills, prize bond are not shown as cash and cash equivalent. Money at call and on short notice is shown as face
item in balance sheet, and Treasury bills, Prize bonds are shown in Investment.
2.02.10 Non banking assets
BFRS:NoindicationofnonbankingassetsisfoundinanyBFRS'
BangladeshBank:AsperBRPDCircularNo.l4dated25June2003,theremustexistafaceitemnamedNon.banking asset.
2.02.11 Cash flow statement
BFRS: cash flow statement can be prepared either in direct method or in indirect method' The presentation is
selectedtopresentthesecashflowsinamannerthatismostappropriateforthebusinessorindustry'Themethod selected is applied consistently'
BangladeshBankAsperBRPDCircularNo.14dated25June2003,cashflowisamixtureofdirectandindirect methods'
2.02.12 Balance with Bangladesh Bank (CRR)
BFRS:BalancewithBangladeshBankshouldbetreatedasotherassetsasitisnotavailableforuseindaytoday operations as Per BAS 7'
BangladeshBankBalancewithBangladeshBankistreatedascashandcashequivalents.
2l
2.02.13 Presentation of intangible asset
BFRS: An intangible asset must be identified and recognized, and the disclosure must be given as per BAS 38'
Bangladesh Bank There is no regulation for intangible assets in BRPD Circular No' 14 dated June 25' 2003'
2.02.14 Offbalance sheet items
BFRS: There is no concept of off balance sheet
disclosure of offbalance sheet .
items in any BFRS; hence there is no requirement of
Bangladesh Bank: As per BRpD Circular No. 14 dated June 25,2003, off balance sheet items (e.g' Letter of
credit, Letter ofguarantee etc.) must be disclosed separately on the face ofthe balance sheet'
2.02.15 Loans and advance net of provision
BFRS:Loansandadvancesshouldbepresentednetofprovisions'
Bangladesh Bank: As per BRpD 14, provision on loans and advances are presented separately as liability and
cannot be netted offagainst loans and advances'
2.03 Basis of measurement
The financial statements of the Bank have been prepared on the historical cost basis except for the following
material items:
a) Government Treasury Bills and Bonds designated as Tleld for Trading (IfT) at Present value using mark to
market concept with gain crediting to revaluation reserve'
b) Govemment Tre-asury Bi[s and Bonds desigrrated as Tleld to Maturity (HTiO' and Re-measured
Govemment Treasury Bond at present value using amortization concept.
c) lnvestment in shares of listed companies'
d)LandandBuildingsisrecognizedatthetimeofacquisitionandsubsequentlymeasuresatfairvalueasperBAS 16 (Property, Plant and Equipment)'
The accounting polocies unless otherwise stated , have been consistently applied by the bank and are consistent
with those of the Previous Year'
2.04 Basis of consolidation
AseparatesetofrecordsforconsolidationofthestatementofaffairsandincomeandexpendifureofthebranchesaremaintainedattheHeadofficeoftheBankbasedonwhichthesefinancialStatementshavebeenprepared'
The consolidated financial statements comprise of the financial statements of Sonali Bank Limited' including
overseasbranchesKolkataandSiliguri,subsidiaries.SonalilnvestmentLimitedandSonaliExchangeCo.Inc'(SECD,USAaswellasassociatesSonaliBank(u'K)Ltd'andSonaliPolarisFTLtd'asat3lDecember2015'
2.04.01 Subsidiaries
Subsidiaries are entities controlled by the group. In compliance with BAS 27 "consolidated and
Financial Statements", the financial statements of subsidiaries are included in the Consolidated
Statementsfromthedatethatcontrolcommencesuntilthedatethecontrolceases.
Separate
Financial
2'04'02
il:ilfl"" with the requirement ofBAS 28 "Investment in Associates", the accounting treatment regarding
investment in associates have been addressed'
Inc. and Sonali Bank tIK Ltd' is as folloY$The conversion Policy of So,nali Exchange Co. lnc' ano ><
[Cu.."n"Y cowglsion rate SECIUSD tO BDTUSDtoBDT
SB.UICLtd.
Particulars GBP toBDT*.etc & Liabilities Closinglalg GBP toBDT
Average rateFor income &Expenses
Conversion PolicY
22
2.04.03 Transactions eliminated on consolidation . - 3, from intra-group
Intra-groupbalancesandtransactionsandanyunrealizedincomeandexpensesartsrnltransactions are eliminated in preparing ti" contoriaoted Financial Statements' Unrealized gains arising from
transactionswithequityaccountedinvesteesareeliminatedagainsttheinvestmenttotheextentofthegroup'sinterestintheinvestee.Unrealizedlossesareeliminatedinthesamewayasunrealizedgains,butonlytotheextent there is no evidence of impairment'
2.05 Use of estimates and judgments
The preparation of the consolidated financial statements of the Group and the financial statements of the Bank
in conformity with Bangladesh Bank CirJars and BFRSs requires management to make judgments' estimates
and assumption.ii", "#"o the application of accounting policies and the reported amount of assets' liabilities'
income and expenses' Actual result may differ from these estimates'
Estimatesandunderlyingassumptionsarereviewedonanongoingbasis.Revisionstoaccountingestimatesarerecogtizedintheperiodinwhichtheestimateisrevisedandinanyfutureperiodaffected.
lnformation about significant areas of estimation uncertainty and critical judgments in applying accounting
policies that have tf," ,or, sigrrificant effect on the amounts recogrrized in the consolidated financial
statements.
2.06 Changes in accounting estimate and errors
Theeffectofachangeinanaccountingestimateshallberecognizedprospectivelybyincludingitinprofitorloss in:
(a) the period of the change' if the change affects that period only; or
(b) the periort of the change a"d future"periods' if *i :lT-t:. "'*cts both' To the extent that a change in an
accountingestimategivesrisetochangesinassetsandliabilities,orrelatestoanitemofequity,itShallberecogtizedbyadjustingthecarryingamountoftherelatedasset,liabilityorequityitemintheperiodofthechange.Materialpriorperioderrorsshallberetrospectivelycorrectedinthefirstfinancialstatementsauthorized for issue after their discovery by:
(i)restatingthecomparativeamountsforthepriorperiod(s)presentedinwhichitisrequiredtomakeproper
[IlT:H:r occurred before the earliest prior period presented, restating the opening balances of assets'
liabilities and equity for the earliest prior period presented' The most significant effect on the amount
recognizedinthefinancialstatementsaredescribedinthenotes06.0l,16.00and18.00.
2.07 Books of accounts
TheCompanymaintainsitsbooksofaccountsformainbusinessinelectronicformthroug}rsoftautomation.
TheaccountsofSonaliBankaregenerallykeptonthedoubleentrySystemthedaybook,thegeneralledger,thecashbook,thecurrentaccountt.og",,tt,".o"positaccountledger,thebillbooksetc.
2.0E Foreign currency transactions
2.08.01 Functional and presentational currency
Financial statements of the Bank are presented in Taka'
curTency'
which is the Bank's functional and presentational
Foreign currency transactions
Foreign currency transactions T:.-"ll:TiTl"#li'#'J,*f:r?ffi1,i:.}iliJ;i:ilH:l:l::".o"n'2.08.02
ffi.rum:'"ffiT'ffifiil,"ffi:3xr ;;'#;;';f .h""ges in Foreign Exchange Rates"'
ffi
23
Assets and liabilities in foreign currencies at 3l December 2015 have been converted into Taka currency at the
average ofthe prevailing buying and selling rates ofthe relevant foreign currencies at that date except Balances
with other Banks and Financial Institutions which have been converted as per directives of Bangladesh Bank
vide its circular no' BRPD@) 7l7t2OO4'959 dated 2l November 2004'
2.0E.03 Commitment
Commitments for outstanding forward foreign exchange contracts disclosed in these financial statements are
transldted at contracted rates. Contingent liabilitieVcommitments for letter of credit, letter of guarantee and
acceptance denominated in foreigr currencies are expressed in Taka terms at the rates of exchange ruling on
the date of balance sheet.
2.08.04 Foreign oPeration
The assets & liabilities of foreign operations are mnslated to Bangladeshi Taka at exchange rate prevailing at
the statement of financial position (balance sheet) date. The income & expenses of foreigrr operations are
translated at average rate of exchange for the year. Foreign curency differences are recognized and presented
in the foreigr "urr"n"y
translation reserve in equity. When a foreign operation is disposed of such that control,
the cumulative amount in the translation reserve related to that foreigr operation is reclassihed to profit or loss
as part of the gain or loss on disposal. When the Group disposes as the only part of its interest in a subsidiary
that includes a foreign operation while retaining control, the relevant proportion of the cumulative amount is
reactivated to non-controlling interest.
2.0E.05 Translation gain and losses
Gains or losses arising out of translation of foreign exchange have been included in the Profit and Loss
Accounts and in Balance Sheet.
2.09 Materiality, aggregation and offsetting
The Bank aggregates each material class of similar items and separately which are dissimilar in nature or
function unless tirose are immaterial. The Bank did not offset assets and liabilities or income and expense,
unless required or permitted by BFRS'
2.10 Cash Flow Statement
cash Flow statement is prepared principally in accordance as per the guidelines of BRPD Circular no'14 dated
25 June 2003 and naoguiesn Accounting Standard-7 "Cash flow Statement". The Cash Flow Statement
shows the structure of alrd ch"nges in cash and cash equivalents during the year' Cash F1ows during the year
have been classified as operatinjactivities, investing activities and financing activities'
2.11 Statement of Changes in Equity
The statement of changes in equity reflects information about increase or decrease in net assets or wealth'
Statement of changes in equity has been prepared in accordance with Bangladesh Accounting Standards BAS I
,'presentation of Financial itatements" and relevant guidelines of Bangladesh Bank'
2.12 Branch AcountingThe Bank has 1207
"branches including two oversease branches as on 3l December 2015' Accounts of the
branchesa,e*uintainedattlrebranchlevelandforconsolidationaseparatesetofrecordsofthestatementofaffairsandincomeandexpenditureoftheut*tt'"'arecompiledattheHeadofficeoftheBankbasedon*ii.t rt"r" financial statements have been prepared'
24
2.13 Liquidity statement (Asset and Liability Maturity Analysis)
The liquidity statement has been prepared in accordance with remaining maturity grouping of Assets and
Liabilities as of the close of the year as per following bases;
Perticulars Basis
Sat"rce with other banks and financial institutions Maturity term;
Investments Residual maturity term
Loans and advances
Fixed assets Useful lives
Other assets Adiustment
R*nwlnqs fi'om other banks and financial institutions Reoavment/MaturitY schedule
Deposits and other accounts Vtutu.'rtv t".rn and Behavioral past trend
Other long term liabilitY Maturity term;
Provisions and other liabilities Settlement
2'14 Events after the Reporting Period rvire additional informa 's position at the
Events after the reporting period that provide additional information about the company
balance Sheet date are reflected in the financial statements in Note no. 4E as per Bangladesh Accounting
Standards BAS l0 "Events after the Reporting Period"'
2.15 Going Concern
The accompanying financial statements have been prepared on a going concern basis' which contemplates the
realization of assets and the satisfaction of liabilities in the normal course of business' The accompanying
financial statements do not include any adjustments should the bank be unable to conlinue as a going concern'
2.16 Assets and the basis of their valuation
The accounting policy have been applied consistently to all periods presented in this consolidated financial
statements and those of ,n" U.nt and have been applied consistently by the group entities except as explain in
Note 2.02.
2.16.01 Cash and cash equivalents
Cash and cash equivalents include notes and coins on hand, unrestricted balances held with Bangladesh Bank
and highly liquidfinancial assets which are subject to insignificant risk of changes in their fair value' and are
used by the bank management for its short term commitments as well as prize bond'
2.16.02 Investments
All investments are initially recogtized at cost, including acquisition charges associated with the investment.
Premiumsareamortizedanddiscountaccredited,usingtheeffectiveorhistoricalyieldmethod.Accountingtreatmentofgovernmenttreasurybillsandbonds(categorizedastlFTor/andHTM)ismadefollowingBangladeshBankDoscircularletterno.5dated26May2008andasamendedon2SJanuary2009andDoSCircular letter no' dated 19 January 2012'
2.16.02.01HeldtoMaturity(HTM) r-r ^-r .L^ L^-L r.-. nn
ilH#'A;Lir'tiu..ents) which have fixed or determinable maturitv date and the bank has no
,L--^^^ :- r^-L-i ^.inec nr the hank's financiallil"rtffT $',lT"ujjj.'ilr,r'*"rl,rr'i'"i" irr"rp.rti,,,. of changes in market prices or the bank's financial
^^^,,-, rlillc flnvamment Treasurv
il:Xf;,,#,'"hffi;#;';,- :J!'i ::_,lT:y::::::,:"*:'"i:Jl"i,lli.:.T"T:[tT:il:;l:*:"_T [#:Tffi;]"u|;d; * u.,r." liquijity reseryes have been classined as herd to maturitv
r -^- ^-l r., +^Li-n inf^ ,cc^ilnt anv discOUnt Of
i:il:' f HfffiIffi::fi;il;,,"*;; F :' " i:n':'l-* :If : : ?:i"" :::""X' fl '
di scount or
;'ffii}il'jj;"1liil. ;;;1;;;";" or decrease in value orsuch investments is booked to equitv'
25
Reoavment/MaruritY schedule
2.16.02.02 Held for Trading GFf)The securities under this category are the securities acquired by the bank with the intention to trade by taking
advantages of short term price/interest movement, and the securities those are classified as HFT by the Bank
held in excess of SLR (net of cRR) at a minimum level. Investments classified in this category are principally
for the purpose of selling or rePurchasing on short trading or if desigrated as such by the management' In this
category, invesunents are measured in fa-ir value and any change in the fair value i'e' profit or loss on sale of
,""uiiti", in }IFT category is recogrized in the Profit and Loss Account'
2.16.02.03 REPO and Reverse REPO
Since I September 2010 transactions of REPO and Reverse REPO are recorded based on DoS Circular No' 6'
dated15July2010ofBangladeshBank.IncaseofREPoofbothcouponandnon-couponbearing(Treasurybill) security, Sonali Bank ii.it"a adjusted the Revaluation Reserve Account for IIFT securities and stopped
the weekly revaluation (if the revaluation date falts within the REPo period) of the same security' For interest
bearingsecurity,sBLstoppedtheaccrualofinterestduringREPoperiod'
2.16.02.04 Avaitable for sale
Investments (financial instuments) in shares that have a quoted price but are not held for trading and
investmentsinsharesthatarenotquotedinanactivemarketandarenotheldfortradingaregroupedasAvailable for sale. Financial instruments grouped under this head are presented in Annex-F' All shares quoted
and unquoted have been presented in financial statements at cost instead of market price as described in note
2.16.02.02-
2.l6.o2.os Investment in Quoted and unquoted securities
Investments in equity instruments/shares that are not quoted in active market are not measured at fair value due
to absence of information required to measure in fair value reliably; so these are presented at cost' The equity
instruments that are quoted in active market are measured at fair value. Details of quoted and unquoted shares
are shown in annexure - F'
2'16'02'06 ffiT:l,tJ"",t;:?1ffifi insrruments that derive their vatue in response to changes in interest rates' financial
insfumentprices,commodityprices,foreignexchangerates,creditriskandindices.
Derivatives"r""ot"gorir.dastradingunlesstheyaredesigratedashedginginstruments'
AllderivativesareinitiallyrecogrizedandsubsequentlymeasuredatfairValue,withallrevaluationgains
recognisedinthelncomestatement(exceptwherecashflowornetinvestmenthedginghasbeenachieved,in
whichcasetheeffectiveportionofchangesinfairvalueisrecognizedwithinothercomprehensiveincome).n, u a.rirutiue product the bank used SWAP in 2015'
Value of investments is stated as per the following bases:
of Govt.
26
Bonds
Bonds
2.16.02.07 Revaluation of investment
As per the Dos (BB) circular letter no' 05 dated 26 Vray 2008 & subsequent amended circular no' 05 dated 28
January 2009, IIFT (Held for Trading) securities are revalued on weekly basis and HTM (Held to Maturity)
securitiesareamortizedonyearlybasis.TheHTMsecuritiesarealsorevaluediftheyarereclassifiedto}IFTcategory with the Board's approval. Any gain or loss on revaluation of HTM securities is recognized in the
statement of changes in equity. Gair/(Lossion revaluation of IIFT securities is recognized in the profit and loss
account on weekly basis and gain on revaluation is transfened to statement of changes in equity on monthly
basis.
2.16.02.0g Investments in subsidiary
InvestrnentinsubsidiariesisaccountedforunderthecostmethodofaccountingintheBankfinancialstratements in accordance with Bangladesh Accounting Standard (BAs) 27. Accordingly, investments in
subsidiaries are stated in the Banks balance sheet at cost, less impairment losses if any'
2.16.02.09 Statutory and Non-statutory Investment
StatutorY Investments
Amount which is invested for maintaining statutory liquidity ralio according to MPD circular no' 02 dated l0
December 2013 and DoS circular no. oi dated 19 January 2014 of Bangladesh Bank is treated as statutory
investment,theseincludestreasurybill,treasurybond,othergovt.securitiesetc.Detailsofstatutoryinvestrnenthave been given in note -6'03'01
Non- StatutorY Investments
Allinvestmentexceptstatutoryinvestrnentistreatedasnon.Statutoryinvestmentsuchasdebenturescorporatebond , ordinary share (quoted and unquoted), preference share etc' Details of non-statutory investment have
been given in note-6'03'02
2.16.02.10 Investments in associates
Invesfinent in associates is accounted for in the books of financial statements of the Bank, in accordance with
the Bangladesie"t""'i'g Standard (BAS) 28'lnvestments in Associates''
2.16.02.11 Investment and related income
(a) Income on in *rn s other than shares is accounted for on accrual basis concept; and
(b) Dividend i"""*" "" ir"estment in ,iur", is accounted for in the year when right has been established'
2.16.03 Loans and advances and its provisions
;;';;",*"-""t'uatgrossamount'o"1",:.lY:::::::::::.H:'ffit"Iil'#,3ffi"1ffi::[::ilHffi$l,HlilH:"ff llffiiffi:ilTj j.::dj"'"Hrm:tt*:ffi ff ":::I"lt'i';'l;:Ifiil',ilffi -ry,$il",:"1'"i::lH:11']ii*yi+1iidr[*:",,m#*Tl;";lff :,:L[:fIlffi .HT?H,IL"'fi ,'H"T',I3$"'-:p5il".m**,',tl;T*'$l:H3,::"Jt;ffiiTil:Y;::ffi:"JffilTT;ffi'#"ii;;;;.05 dated 2e Mav zots ana BRPD circurar no' 08
.'ffi.
Loss to P & L, gain
Increase or decrease
value to equity
toP&L,gain
dated 02 August 2015'
27
2.16.03.01 Interest on loans and advances
i) Interest is calculated on unclassified loans and advances and recognized as income during the year;
ii) Interest calculated on classified loans and advances as per Bangladesh Bank circulars is kept in interest
suspense account and credited to income on realization;
iii) Interest is calculated on daily product basis but debited to the party's loan account quarterly' No interest is
chargedonloansandadvanceswhichareclassifiedasbadandloss;iv) Total balance of loans and advances as on 3l December 2015 includes bad/loss loan Taka 73'305'50 million
on which the Bank did not accrue zrny interest because of deterioration of quality of loans and advances
determined by the management and on the basis of instructions contained in Bangladesh Bank Circulars as
mentioned in Note 2.16-03 of this financial statements; and
v) Interest suspense and penal interest, ifany, calculated on classified loans and advances are taken into income
in the year of its receipt fiorn the defaulting borrowers'
2.16.03.02 Provision for loans and advancesprovision for loans and advances are made on quarter basis as well as year-end review by management
following instructions contained in BRPD Circulars issued by Bangladesh Bank' General Provision on
unclassified loans and advances and specific provision on classified loans & advances are given below:
Particulars
Shortterm agri-
credit
Consumer Financing
SMEFLoan to
BHs/MBs/ SDs
All othercredit
OtherThanHF&
ID
HF LP
UnclassifiedStandard 2.500/o 5o/o 2% 2o/o 0.250/o 2o/o lo/o
SMA 0% 5% 2Yo 2% 0.25o/o 2% *lo/o
Classified
SS 5% 20o/o 20o/o 20% 20o/o 20% 20%
DF 5o/o 50% 50Yo 50% 50o/o 50o/o 50o/o
BL 100% 100% 100% l00o/o 100% l00o/o 100%
*In line with BRpD Circular no. 04, dated2g January 2015, provision for restructured loan is calculated @2o/o'
2.16.03.03 Presentation ofloans and advances
Loans and advances are shown at gross amount as assets while interest suspense and loan loss provision against
classified advances are shown as tiauitities in the statement of financial position'
2.16.03.04 Write off loans and advances
Loansandadvances/investmentsarewrittenoffasperguidelinesofBangladeshBank.Thesewrittenoffhoweverwillnotundermine/affecttheclaimamountagainsttheborrower.Detailedmemorandumrecordsforallsuchwriftenoffaccountsaremeticulouslymaintainedandfollowedup'
2.16.03.05 Securities against Loan
project toan: Land and building are taken as security in the form of mortgage and plant & machinery are
taken in the form ofhypothecation'
working capital ano traaing loan: Goods are taken as security in the form of pledge and also goods are
taken as security in tr," fo* if hypothecation uto'[*itt' land and building as mortgage (value not less than
1.50 times covering the loan amount) in the form of collateral security'
House building loan: l*J una uuiiaing are taken as security in the form of mortgage'
overdraft: ron, are tut"r.in pledge. ih. bul*r. in DPS/JBSPS/SDPS A/c's is taken in "[ien"'- "onrrritv is taken for governmen'l
3ffi:":::t"yilrI"ff most'cases Govt. Guarantee is taken and no securirv is taken for government
loan and Crops loans in agriculture sector'
28
I
2.16.04 Bills Purchased and Discounted
a) Bills purchased and discounted do not include Government Treasury bills and have been classified into two sub'
heads vizi) Payable outside Bangladesh,
ii) PaYable in Bangladesh and
uy The bills purchased and discounted have been analyzed in the form/terns as per the maturity grouping'
2.16.0s Property Plant and EquitY
2.16.05.0r Recognition and Measurement
All Properly, plant and equipment are classified and grouped on the basis of their nature as required in BAS I
,,presentation of Financial Statements". The major categories of Properly, plant and equipment held by the bank
are properly (premises & Buildings), Library Book, Furniture and fixhfes, Electrical Installations, Typewiters
and Calculating machines, Computer/Software, Motor Car and other vehicles. As per Para 3l of BAS 16 after
recognition as an asset, an item of property, plant and equipment whose fair value can be measured reliably
shall be carried at a revalued amount, being its fair value at the date of the revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses'
All Fixed Assets are stated at cost less accumulated depreciation as per BAS 16 ',Propert5/, Plant &
Equipment,'. The Cost of acquisition of an asset comprises its purchase price and any directly attributable cost
of bringing the assets to its working condition for its intended use inclusive of inward freight, duties and non-
refundable taxes.
The bank recogrizes in the carrying amount of an item of property plant and equipments the cost of replacing
part of such an item when that cost is incuned if it is probable that the future economic benefits embodied with
the item will flow to the bank and the cost of the item can be measured reliably. Expenditure incurred after the
assets have been put into operation, such as repairs and maintenance is normally charged off as revenue
expenditure in the period in which it is incurred'
As guided in paragraph 30 of BAS 16 "Properly Plant and Equipment" these are capitalized at cost of
acquisition and subsequently stated at cost less accumulated depreciation. The cost of acquisition of an asset
comprises its purchase price and directly attributable cost of bringing the assets to its working condition for its
intended use inclusive of inward fright, duties and refundable taxes. The opening and closing carrying amounts
ofallpropertyandequipmentarepresentedincludingtheamountofadditions,disposalsanddepreciation
charged during the year as required by paragraph 73(a-e) of BAS l6 Repairs and Maintenance expenses that
does not increase in the future economic benefit ofassets is charged to profit & loss account'
Depreciation
As required in paragraph 43 of BAS 16 "Properly Plant and Equipment" depreciation has been charged at the
followingratesonreducingbalancemethodonallfixedassetsotherthanmotorvehiclesandcomputersoftware-2.16.05.02
ffi;;:;;;;; on siraight line basis and no depreciation on land is charged'
Fumiture and Jixtures
il-dcut"utotiogmachines
29
-_-
Depreciation on newly acquired assets is charged from the date of take it in use and no depreciation is charged
on assets for the period which are taken in url "ft"r
20th December ofthe year. In case ofassets disposed of'
depreciation is charged up to the date of disposal of such assets' During the year overseas branches shown Taka
2[8,g7las depreciation on fixed asses and certified by the local independent auditors'
2.16.05.03 Disposal of lixed assets
onthedisposaloffixedassets,thecostandaccumulateddepreciationareeliminatedfromthefixedassetsscheduleandgainsorlosseson,,.nai,po,otarereflectedinthestatementofcomprehensiveincome(profitand loss
"""ounii^ per provision of BAS 16 "Properly, Plant and Equipment"'
2.16.05.04 RevaluationThefixedassetsoftheBankhavebeenrevaluedthreetimes.Intheyearof200T,followingtheinstructionofvendor'sagreementsignedbetweenSonaliBankLtd.andMinistryofFinance,revaluationofallassetshadbeendone and total value enhanced uv rar<ai,gr3.g2 million. Subsequently, in 20ll revalued by Taka 12,026'80
millionandlastlyintheyear2013byTakag,46g.l3million.Norevaluationhasbeenmadeduringtheyear2015.
2'16'0s'0s t#::tilT: amount of the assets should be reduced to its recoverable amount when carrying amount of an
assetisexceedingtherecoverableamountofthatasset.Thatreductionisanimpairmentlosshencerecogrrizedas expenses in tiLtut"ttnt of comprehensive income (profit and loss account)'
2.16.06 Other Assets
otherassetscompriseinvestmentinsubsidiaries(SonaliExchangeCo.,Inc.Ltd.IncUSAandSonalilnvestmentLimited),PrepaidExpe,,"',Btun"hadjustnent'feesandunrealisedincomereceivable'advanceforoperating and capital expenditure and siocks of staiionery and stamp. Details are shown in Note-9' and others as
per Bangladesi S;k Circulars. Receivables *" ,""ogrir"d when there is a contractual right to receive cash or
another financial asset from another entity'
2.16.06.01 Classification of other assets
otherassetshavebeenclassifiedasperBRPDCircularno.14dated25June2003ofBangladeshBankandnecessaryprovisionsmadethereon"."o.aingryandforitemsnotcoveredunderthecircular,adequateprovisions have been made considering their realiz'e ability'
2'16'06'02
H'j"ilXJiljll? lt"t".lt",o,r" prospect of recovery have been written off against tull provision without
reducing tt " ,i"ir""a amount of the Bank. Notional balances against other assets written off have been kept to
maintain tne Jetailed memorandum records for such accounts/assets'
2't6'01
fj"lj,il:liltjrl, o recognized only when its cost can be measured reliablv and it is probable that the
expected n tur" ""ono.ic
blnefits tt ut *" ui.iuutable to it \ryill flow to the Bank' Intangible assets acquired
separately *" ,"o*,"a on initial recognition at cost. The cost of intangible assets acquired in a business
combination i' th;;;"1; nutut u' "t
tr'" aut" or acquisition' t''"tTrti:':l't#:tri:::t:H'rtt'::.T:*t1;:H,T"H; H::]'"::lT,iil:ffi#.,';J;., accumurated impairment rosses. rhe usetur rives of
intangibleasSetSareassessedtobeeitherfiniteorindefinite.ffi
30
Intangible assets with finite lives are amortized over the useful economic life. The amortization period and theamortization method for an intangible asset with a finite useful life are reviewed at least at each financial yearend. Changes in the expected useful life or the expected pattern of consumption of future economic benefitsembodied in the asset are accounted for by changing the amortization period or method, as appropriate, andthey are treated as changes in accounting estimates. The amortization expense on intangible assets with finitelives is presented as a separate line item in the statement of comprehensive income (profit and Ioss account).Amortization is calculated using the straight-line method to write down the cost of intangible assets to theirresidual values over their estimated useful lives. Intangible assets-valuation adjustment has been addressedinline with regulatory decision.
2.16.08 Non-banking assets
Non-banking assets includes the assets acquired against the bad debt loans to adjust the loan. There are noassets acquired in exchange for loan during the period offinancial statements.
2.17 Liabilities and Provision
2.17.01 Borrowing from other banks, financial institutions and agentsBorrowings from other banls, financial institutions and agents include borrowing from Bangladesh Bank, insideand outside of Bangladesh. These items are brought to financial statements at the gross value of the outstandingbalance. Details are shown in Note I L
2.17.02 Deposits and Other Accounts
Deposits and other accounts include non interest-bearing current deposit redeemable at call, interest bearing ondemand and short-term deposits, savings deposit and fixed deposit. These items are brought to account at thegross value of the outstanding balances. Deposits and other accounts include bills payable have been analyzedin terms of the maturity grouping showing separately other deposits and inter-bank deposits. Details are shownin Note 12.
2.17.03 Other liabilities
Other liabilities comprise items such as provision for loans and advances/investments/other assets, taxation,superannuation fund, gratuity fund and off balance sheet exposure and also includes interest payable, interestsuspense' accrued expenses etc. Other liabilities are recognized in the balance sheet according to the guidelinesof Bangladesh Bank, Income Tax ordinance, 1984, BAS 37 and intemal policy of the Bank. provision andaccrued expenses are recognized in the financial statements when the bank has a legal or constructiveobligation as a result of past event, it is probable that an outflow of economic benefit will be required to settlethe obligation and a reliable estimate can be made on the amount of the obligation. Details are shown in Note13.
2.17.04 Taxationlncome tax represents the sum of the cunent tax and deferred tax payable. Income tax assessment has beenfinalizeduptolggTaswellastheyearlggg.Casependingfortheyear 1998and2000to20ll.
2.17.04.01 Current taxThe current tax payable is based on taxable profit for the year. Taxable profit differs from profit as reported inthe Profit and Loss Account because it excludes items of income or expense that are taxable or deductible. TheBank's liability for current tax is calculated using tax rates that have been enacted or substantively enacted bythe date ofBalance Sheet.
Provision for current income tax has been made as per Income Tax Ordinance 19g4.
3l
Defened tax is not recognized for the following temporary differences:' on the initial recogrition of assets or liabilities in a transaction that is not a business combination and that
-. affects neither accounting nor taxable profit or loss;
' related to investments in subsidiaries to the extent that it is probable that it will not reverse in the foreseeablefuture; and. arising on the initial recogrition of goodwill.
Defened Tax is calculated on the taxable/deductible temporary differences between tax base and carryingdeferred tax is measured at the tax rates that are expected to be applied to the temporary differences when theyreverse, based on the laws that have been enacted or substantively enacted by the reporting date.Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities' against current tax assets, and they relate to income taxes levied by the same tax authority on the same taxableentity, or on different tax entities, but they intend to settle current tax liabilities and assets on a net basis or their
perFinance Act 2015.
A defened tax asset is recognized for deductible temporary differences to the extent that it is probable thatfuture taxable profits will be available against which they can be utilized. Deferred tax assets are reviewed ateach reporting date and are reduced to the extent that it is ng longer probable that the related tax benefit will berealized.
2.17.05 Employee benefit schemes
Accounting recognition & measurement, as well as the disclosures requirements for different benefit schemesfor employees are the following:
2.17.05.01 Employees General Provident Fund
Employees General Provident fund is operated from l3 September 1981 under which the concerned employeesare required to contribute at least l}Yo and highest 30olo (on declaration) of their basic salary with no ,ut.iingcontribution by the bank. This Fund relates to the employees who are availing Pension and Death-Cum-Retirement Benefit (PDCRB) Scheme.
2.17.05.02 Contributory Provident Fund
The bank operated a Provident Fund named as Contributory Provident Fund into which the bank contributedl0% of the basic salary of is eligible employees while the employees contributed an equal amount to the fund.This fund is operated by trustees. Employees enjoying contributory provident fund facilities are entitled gratuityfor 2 months last basic pay drawn for each completed year of service subject to completion of minimum lbyears of service. The scheme is operated on cash basis.
2.17.05.03 Pension and Death-Cum-Retirement Benefit (PDCRB) Scheme
The bank operated a Pension Fund named as Pension and Death-Cum-Retirement Benefit (PDCRB) Schemefor the employees of General Provident Fund into which the bank contributes 307o ( June 2014) of the basicsalary of is eligible employees. Payments out of this fund are made to the employees on their separation frombank's service.
2.17.0s.04 Gratuity
The Bank inhoduced the Gratuity scheme for the member of the Employees of Contributory provident Fundinto which the Bank contributes 30% (June 2014) of the basic salary of its eligible employees. payments out ofthis scheme are made to the members on their separation from bank's service.
32
2.17.0s.0s Investment of the pension/Gratuity Funds
The balance of Pension/Gratuity funds are partly invested in approved securities with a view to increasing theFund and remaining balance being utilized by the bank towards payment of retirement benefits to theemployees.
2.17.0s.06 Administration of the Fund
The Provident Fund, Pension Fund and Gratuity are being administered by two administrative committees eachof which consists of 9 (nine) members representing chairman, 5 (five) members from Board of Directors,Managing Director and CEO, I (one) member from officers and another from members of the staff.
2.16.05.07 Benevolent Fund
This fund is mainly created for sanctioning scholarship to the meritorious students among the children of theBank employees. The distressed employees and family member of deceased employees are also helped fromthis Fund.
2.17,05.0E Leave encashment
The officer/Staff who has opted for Pension and General Provident Fund, will be entitled to leave encashmentfacilities up to twelve months at the time of retirement as per letter No. MFIFD/R eg-2lleavel6/g419 dated 2lJanuary 1985 of Finance Division, Ministry of Finance, Government of Bangladesh. But if a staff (notofficer) has enjoyed /will enjoy leave encashment facilities before retirement, he *itt U" provided with the restamount after deduction of the amount enjoyed earlier, as per Ietter No. MF/B & l/Banking/2ll/g}/llldated 3lMay 1980 of previous Banking & Investment Division, Ministry of Finance, and Govern-ment of Bangladesh.The leave encashment benefit is paid to the incumbent debiting 'Expenditure A/C Leave Encashment Code no.1217'. No additional fund is required during the year.
2.17.0s.09 Death relief grant scheme
The Bank operates a death relief scheme since I January 1991, which replaced the previous group insurancescheme. The scheme is applicable to all employees of the bank and payments out of ihis fund are made to thesuccessors of the employees on their death as per rate prescribed in the scheme.
2.17.06 Provision for Loans and Advances
Loans and advances are stated at gross amount. General provisions on unclassified loans and contingent assets,specific provisions for classified loans and interest suspense account thereon are shown under other liabilities.Provision against classified loans and advances is made on the basis of quarter and review by the managementand instructions contained in BRPD Circular no. 14 dated 23 September 2012, andBRpD circular no. 19 anddated 27 December 2012, BRPD circular no. 05 dated 29 May zotl and BRpD circular no. E dated 02 August2015.
2.17.07 Provision for other assets
As per BRPD circular no- 14 dated 25 June 2001 of Bangladesh Bank classification and provisions on otherassets have been made and adequate provisions have been made considering their recoverability.
2.17.08 Provisiohs and accrued expenses
In compliance with BAS 37, Provisions and accrued expenses are recognized in the financial statements whenthe bank has a legal or constructive obligation as a result of past event, it is probable that an outflow ofeconomic benefit will be required to settle the obligation and a reliable estimate can be made of the amount ofthe obligation.
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2.17.09 Provision for Off-Balance Sheet Exposures
In compliance with Bangladesh Bank guidelines Off-Balance Sheet items have been disclose under contingentliabilities. As per BRPD Circular no.l0 dated l8 September 2007, Banks are required to maintain provision @l7o against Off-Balance Sheet Exposures (L,/C, Guarantee and Bills for Collection, etc.).
2.17.10 Provision for Nostro Accounts
According to guideline of Foreign Exchange Policy Department of Bangladesh Bank, Circular no.FEOD(FEMO!0L|2005-677 dated 13 September 2005, Bank maintains provision regarding the un-reconcileddebit balance as at Balance Sheet date since there was no debit entries more than three month.
2.18 Capital and Shareholders' Equity
2.f8.01 Capital Management
The bank has strategic capital management process for measuring, deploying and monitoring its availablecapital and assessing its adequacy. The aim of this capital management process is to achieve four majorobjectives; exceed regulatory thresholds and meet long-term intemal capital targets, maintain shong creditrating, manage capital levels commensurate with the risk profile of the bank and provide the banks shareholderwith acceptable returns.
Capital is managed in accordance with the board approved capital management planning from time to time.Senior management develops the capital stratery and oversees the capital management planning of the bank.The bank's finance and risk management department are key to implementing the bank's capital strategy andmanaging capital. Capital is managed using both regulatory control measure and intemal matrix.
2.18.02 Paid up capitalThe paid up capital share capital represents total amount of shareholder capital that has been paid in full by theGovernment of Bangladesh i.e. ordinary shareholder. In the event of winding-up of the company ordinaryshareholde(s) rank after all other shareholders and creditors are fully entitled to any residual proceeds ofliquidation.
2.18.03 Statutory reserve
As per the Banking Companies Act 1991 (amended 2013) (Section 24) it is required for the bank to transfer20%o of its current year's profit before tax to reserye until such reserve equals to its paid up capital.
2,18.04 Dividends on ordinary shares
Dividends on ordinary shares are recogrized as a liability and deducted from equity when they are approved bythe Banks shareholders. Dividends for the year that are approved after the reporting date are disclosed as an
event after the reporting date.
2.1E.05 Revaluation Reserve
2.1t.05.01 Assets Revaluation Reserve
When an asset's carrying amount is increased as a result of a revaluation, the increase amount should becredited directly to equity under the heading of revaluation surplus/ reserye as per Bangladesh AccountingStandards B.{5-16: 'Properly, Plant and Equipment'. The tax effects on revaluation gain are measured andrecognized in the financial statements as per Bangladesh Accounting Standards BAS-12: 'Income Taxes'.
2.ll.os.o2 Revaluation Reserve for HTM & HF-f
All HTM securities are amortized at the year end and any increase or decrease of such investment is booked toequity. In case of HFT revaluation, decrease in the present value is recognized in the profit and loss accountand any increase is booked to Revaluation Reserve Account through Profit and Loss Account as per BangladeshBank DOS circular no. 5, dated 28 January 2009.
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2.f8.06 Contingent liabilities and Contingent assets
A contingent liability is any possible obligation that arises form the past events and the existence of which willbe confirmed only by the occurrence or non-occurrence of one or more uncertain fufure events not whollywithin the control of the Bank; or any present obligation that arises from past events but is not recogrizedbecause:
'it is not probable that an outflow of resources embodying economic benefits will be required to settle theobligation; or
'the amount of the obligation cannot be measured with sufficient reliability.Contingent liabilities are not recognized but disclosed in the financial statements unless the possibility of anoutflow of resources embodying economic benefits is reliably estimated. Contingent assets are not recognizedin the financial statements as this may result in the recognition of income which may never be realized.
2.18.07 Materiality, aggregation and off settingEach material item as considered by management significant has been displayed separately in the financialstatements. No arnount has been set off unless the Bank has legal right to set off the amounts and intends tosettle on net basis. Income and expenses are presented on a net basis only when permitted by'the relevantaccounting standards.
The values of any asset or liability as shown in the statement of financial position ( balance sheet ) are not off-set by way of deduction from another liability or asset unless there exist a legal right therefore. No suchincident existed during the year.
2.19 Revenue recognitionThe revenue during the year has been recognized following all conditions of revenue recognitions as prescribedby Bangladesh Accounting Standards BAS l8 'Revenue'.
2.19.01 Interest incomeInterest on loans and advances is calculated on daily product basis and accrued at the end of each month, butcharged to customers' accounts on quarterly basis. In terms of the provisions of the Bangladesh AccountingStandards BAS 8 'Revenue', the interest income is recognized on accrual basis. Interest on unclassified loansand advances have been accounted for as income on accrual basis, interest on classified loans and advanceshave been credited to interest suspense account with actual receipt of interest there-from having credited toincome as and when received as per instruction of Bangladesh Bank.
2,19.02 Investment income
Income on investments is recogtized on accrual basis. Investment income includes discount on treasury bills,interest on treasury bonds and fixed deposit with other banks. Capital gain on investments in shares is alsoincluded in investment income. Capital gain is recognized when it is realized.
2.19.03 Fees and commission income
' Commission charged to customers on letters of credit and letters of guarantee are credited to income at thetime of effecting the transactions.
' Fee and Commission on bills discounted, purchased & others are recognized at the time of realization.' Exchange gains or losses arising out of such transactions are recognized as income or expense for the yearforeigr culrency transactions are converted into BDT at prevailing on the dates of such transactions and dealtwith exchange account.
2.19.04 Dividend income on shares
Dividend income from shares is recogtized during the period in which they are declared and actually received,
2.19.05 Other operating Income
Other operating income is recogrized at accrual basis.
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2.19.06 ProfiUloss of Overseas Branches
Profit/loss ofthe bank's overseas branches has been reflected in this profit and loss account.
Z.l9.O7 Interest paid on Deposit and Borrowing
Interest paid on Deposit and Borrowing and others expenses are recognized as accrual basis.
2.19.08 Management and other expenses
Expenses incurred by the Bank are recognized on actual and accrual basis.
2.19,09 Regulatory & Legal Compliance
The bank has complied with the requirement of following regulatory & legal authority:(a) The Bank Companies Act,l99l ( amended 2013)(b) The Companies Act,l994(c) Rules, Regulation and Directives issued by Bangladesh Bank(d) Security & Exchange Rules,1987
(e) Security & Exchange Ordinance, 1969
(0 Security & Exchange Commission Act, 1993
(g) The Income-Tax Ordiance,l984(h)VATAct,l99l(i) Labor Act, 2006 (Amended 2013)
2.19.10 Reconciliation of inter-bank and inter-branch account
Accounts with regard to inter bank (in Bangladesh and outside Bangladesh) are reconciled regularly and there
are no material differences that may affect the financial statements significantly.
2.l9.ll Segment reporting
For the purpose of Segment Reporting as per Bangladesh Financial Reporting Standard 8, the following
segments relatingto revenue, expenses, assets and liabilities have been identified and shown in the related notes
accordingly as primary/secondary segments.
i) domestic operations in line with geographical segments;
ii) banking operations comprising ofbranches ofthe banking entity; and
iii) treasury operations comprising of the banking entity.
Performance is measured based on segment profit before provision, as included in the internal management
reports that are reviewed by the Bank's Management. Segment report is used to measure performance as
Management believes that such information is the most relevant in evaluating the results of certain segments
relative to other entities that operate within these industries.
2.19.11.01 Operating segments
The Bank has five reportable segments, as described below, which are the Bank's strategic business units. The
strategic business units offer different products and services, and are managed separately based on the Bank's
management and internal reporting structure. For each of the strategic business units, the Bank Management
Committee reviews internal management reports on at least a quarterly basis. The following summary describes
the operations in each of the Bank's reportable segments:
i. Loans & Advances Includes loans, deposits and other transactions and balances withcorporate customers & retail customers.
ii. Treasury Undertakes the Bank's funding and maintenance of CRR and SLR, Asset-liabilitymanagement through borrowings and placement, currency swap and investing inliquid assets such as short-term placements and corporate and government deblsecrrrities
iii. Overseas Branches(Kolkata, Siliguri)
Iwo (2) overseas branches of Sonali Bank Limited are situated at Kolkata &Siliguri in India and operating banking business, money remittance etc. as per the
head office instructions and other activities as permitted under the banking law oftndia.
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iv. Sonali Exchange
Company Incorporated(SECI), USA
Sonali Exchange Company Incorporated (SECI), USA, subsidiary company olSonali Bank Limited operates its business in USA. It performs the activities olmoney remittance, issue cheques, payment instruments and traveler's cheque andother activities as permitted under the banking law of USA.
v. Sonali lnvestments
LimitedEstablished to do all kinds of merchant banking activities including issuemanagement, underwriting, portfolio management and other transactions.
2.19.12 Directors' responsibility on linancial statementsThe board of directors takes the responsibility for the preparation and presentation of these financialstatements.
2.20 Consolidation of the f inancial Statements
Consolidation of the Financial Statements is started from 201 l.2.21 Risk Management
The Bank Company Act, l99l(amended 2013) and the Bangladesh Bank Regulations require the Managementto ensure effective intemal audit, internal control and risk management functions of the Bank. The Managementis also required to make a self-assessment on the effectiveness of anti-fraud internal controls and report toBangladesh Bank on instances offraud and forgeries.
Bangladesh Bank Department of Off-site Supervision (DOS) has issued Circular no. 02 dated I 5 February 2012on Risk Management Guidelines for Banks and instructed all scheduled banks operating in Bangladesh tofollow this Guidelines for managing various risks which have been compiled by the Bank.
In addition, the Bank is also following relevant Bangladesh Bank guidelines on risk based capital adequacy,stress testing and managing the banking risks in other core risk areas.
The Bank has established a Risk Management Division (RI!D). The RMD conducts stress testing forexamining the Bank's capacity of handling future shocks, as well as deals with all potential risks that mightoccur in fufure.
Being a financial institution, in the ordinary course of business, the bank is sensitive to verities ofrisks. Thegeneric severity of such risk(s) is much intense in our locality due to presence of large number of banks andcomplex financial transactions. In such highly competitive environment to ensure a bank's consistent systemand performance, the presence of shong Risk Management culture is obligatory. Being compliant, the bank isnow looking forward to take risk management practice to a different level, i.e. preventing risk beforeocculrence rather than a reactive manner; on a proactive basis. As a part of regulatory and global benchmarkingthe bank has based upon 07 (sSeven) core risks guidelines of Bangladesh Bank and Basel framework. Listedbelow are the identified risks the bank is currently managing or intents to manage:
. lntemal Control and Compliance Risk
. Foreigr Exchange fusk
. Credit fusk Management
. Asset Liability Management Risk
. Money Laundering Risk
. Information & Communication Technolory Security Risk
. Environmental RiskAccordingly the bank has various high powered committees to monitor and ensure smooth risk managementactivities. For example, Board Risk Management Committee, high powered central Risk ManagementCommittee, Departmental Risk Management Committee, Asset Liability Management Committee (ALCO),Investment Committee, Credit Committee (CC) etc. To manage the overall risks of the bank in line of Basel thebank has formed a dedicated Core Risk Management & Basel-II Implementation Division. The detail of SBL'srisk management is stated below:
a) Internrl Control and Compliance RiskEstablishment of sound confrol environment and effective compliance culture is the key stone
operational risk. Intemal control is a process to control overall activities of the Bank throughpolicies, procedures, observance of instructions ofregulatory authorities with a view to avoid any
of managing
establishing
from the lack ofcorporate governance.
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loss
To mitigate the operational risk, the Bank ensured effective internal control systems for all of its operationalactivities by intensifuing the intemal audit function, comprehensive and risk based inspection in all branchesand Head Office. The Compliance Division ensures the settlement of objections or irregularities mentioned inthe audit reports under a strong monitoring process of the Management Committee (MANCOM). Besides thereis a division named Vigilance and Conhol Division under the direct supervision of CEO and MD to act at anysudden occurrence of loss or irregularities.
The Bank with the support of an Expert Team, has undertaken a program for upgrading its Internal Control andCompliance policy as well as other policies in the area of credit, audit, information technology and accounts asper international best practices.
b) Foreign Exchange Risk Management
Foreign Exchange Risk is defined as the possibility oflosses due to change in exchange rates interest rate etc.according to market forces. The Foreign Exchange Risk of the Bank is minimal as all the transactions arecarried out on behalfofthe customers against underlying Foreign Exchange transactions.
Treasury Division independently conducts the transactions and the Back Office of Treasury is responsible forverification of the deals and passing of their enties in the books of account. Mid office coordinates the work inbetween front office and back office functioning. All foreign exchange transactions are revalued at Mark-to-Market rate as determined by Bangladesh Bank at the month -end. All NOSTRO accounts are reconciled onregular basis and outstanding entries beyond 30 days are reviewed by the Management for their settlement.
c) Credit Risk ManagementCredit risk is one of the crucial risk faced by the Bank. This can be described as potential loss arising from thefailure of a counter parfy (bonower) to perform as per contractual agreement with the Bank. The failure mayresult from unwillingness of the counter pafiy or decline in his/her financial condition. Therefore, Bank's creditrisk management activities have been designed to address all these issues. The Bank has segregated duties ofthe Officers/Executives involved in credit related activities. Credit approval, administration, monitoring andrecovery functions have been segregated. For this purpose, three separate divisions have been formed. Theseare credit division, credit monitoring & recovery division and law division. Credit division is entrusted with theduties of maintaining asset quality, assessing risk in lending to a particular customer, sanctioning credit,formulating policy/stratery for lending operation, etc.
There is a high power credit committee who manages the credit risk of the bank. A thorough assessment is donebefore sanction of any credit facility at credit division. The risk assessment includes borrower risk analysis,financial analysis, industry analysis, historical performance of the customer, security of the proposed creditfacility, etc. All credit proposals have been placed in credit committee for sanction or make decline. ManagingDirector is the Chairman of credit committee. Loans having big exposures are placed before the Board ofDirectors of the Bank for sanction.
In determining single bonower/large loan limit, the instructions of Bangladesh Bank are strictly followed.Internal audit is conducted on periodical interval to ensure compliance of Bank's and Regulatory polices. Loansare classified as per Bangladesh Bank's guidelines.
d) Asset Liability Management Risk
Bank has high powered Asset Liability Management Committee (ALCO) to monitor Balance Sheet Risk andliquidity Risks of the Bank. The Balance Sheet Risk is determined as potential change in earnings due to changein rate of interest foreign exchange rates and regulatory instructions, which are not of trading nature. AssetLiability Committee (ALCO) reviews Liquidity requirement of the Bank, the maturity of assets and liabilities,deposits and lending, pricing stratery and the Liquidity contingency plan. The primary objective of the AssetLiability Committee (ALCO) is to monitor and avert sigrrificant volatility in Net Interest Income (NII),invesfrnent value and exchange eamings for the purpose of taking future action plan for better interest of theorganization.
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e) Money Laundering Risk
Risk Associates with probable Money laundering activities is one of the major risk in the area of banking sector.Money Laundering risk is defined as the loss of reputation and expenses incurred as penalty for being negligentin prevention of money laundering. For mitigating the risk the Bank has desigrated Chief Compliance Oflicer atHead Office and Compliance Offrcer at Branches, who independently review the transactions of the accounts toverifr suspicious transactions.
Manuals for Prevention of Money Laundering, KYC and Transaction profile have been introduced. Traininghas been being imparted to Executives, Officers and staff for developing awareness and skill for identi$ingsuspicious transactions and other Money Laundering related activities.
f) Information & Communication Technologr Security Risk
IT Guideline is a systematic approach to policies required to be formulated for IT and also to ensure security ofinformation and information systems. This guideline covers all information that is electronically generated,
received, stored, printed, scanned and typed. The provisions ofthis guideline apply to:
L Sonali Bank Limited for all of its IT system.
2. All activities and operations required ensuring data security including facility design, physical security,network security, disaster rccovery and business continuity planning, use of hardware and software, datadisposal and protection of copy rights and other intellectual properly rights.
The implementation of Core Banking Solution (CBS) will be linked from the branches to the central database.Near future the information will be easily accessible by senior management and is expected to be importantsource of information of strategic decision-making process based on a comprehensive database. It is to be
declared that the Bank is fully compliant according to the guideline of Central Bank's IT policy.
g) Environmental Risk
Environmental Risk is the new concern in the banking arena. Bank authority is very much aware about this. Incompliance with Bangladesh Bank's instructions and guidelines regarding environmental risk, all the activitiesof the bank are being carried on. Specially, to approve the credit proposal, Bank Credit Committee meticulouslyreyiew the compliance status of the borrower regarding environmental requirement.
2.22 Risk Management Committee Disclosure
A Nsk Management Committee, comprising Directors of the Board has been formed in consistence with BankCompany (Amendment) Law-2013 and directives of BRPD Circular No.l I dated 27.10.2013 of BangladeshBank. Bank's risk management approach includes minimizing undue concentrations of exposure, limitingpotential losses from shess events and ensuring the continued adequacy of all our financial resources. Thecommittee is playing a vital role in risk management of the bank. It has a long term plan to develop riskmanagement culture in the bank.
The risk management committee comprising of four members including chairman who are competent andprofessionally skilled and also the director of the board. The name and status of the member of the Board RiskManagement Committee are stated as follows:
Name Status in the Bank Status in theeommiffec
Md. Shaheb Ali Mridha Director Chairman(Actine)
Mr. Kazi Tariqul Islam Director Member
Mrs. Sabera Aktari Jamal Director Member
Mr. Afzal Hossain Director Member
The risk management committee of the Board of Directors has been formed soon after the Central Bank'sinstruction. The committee conducted 6 meeting in 2015 where the following issues have been
39
+Formulated risk management strategies, methodologies, guidelines and processes for risk identification, riskassessment, risk controlling and monitoring.
-Designed a suitable organization structure for risk controlling. The committee will form separate riskmanagement committee in management level and supervise their activities for compliance of instructionregarding credit risk, foreigr exchange risk, internal control and compliance risk, money laundering rislq ICTrisk and environmental risk.
-Reviewed and updated all risk management policies and guidelines al least once in a year, if necessary theywill propose and place before the Board of Director for final approval.--+Evaluated, assessed and approved the record keeping and reporting system formulated by the bankmanagement.
-Supervised the implementation of overall risk management policies and steps taken for mitigation of creditrisk, market risk and operational risk along with other risks.---+Submitted the report of decision and recommendation made by the committee to the Board on a quarterlybasis.
-Followed the instruction circulated by the controlling authority, etc.
2.23 Audit committee Disclosure
In compliance with the policy directives as well as compliance with the BRPD Circular No. ll dated 27October 2013 and previous circular BRPD Circular no. 12 dated 23 December 2002 of Bangladesh Bank, anaudit committee of the board of Sonali Bank Limited was constituted by the Board of Directors in its 6l5thmeeting held on 15 March 1999 and thereafter lastly reconstituted in the 454th board meeting of Sonali BankLimited held on l8 February 2016. The audit committee comprises of four members including chairman whoare competent and professionally skilled and also the director of the board. The company secretary acts as asecretary of the audit comrnittee. The name and status of the member of the audit committee are stated asfollows:
Sl. No. Name Status in the Bank Status in the committee
IMr. MohammadMuslimChowdhury
Director Chairman
) Mr. Md. Shaheb Ali Mridha Director Member
3 Mr. Kazi Tariqul Islam Director Member
4 Mrs. Sabera Aktari Jamal Director Member
During the year 2015,the Audit Committee of the Board conducted 15 (Fifteen) meetings in 2015 which thefollowing important issues were reviewed/discussed along with others:
'Oversee the financial reporting process & liquidity position of the bank at regular basis.
' Reviewed internal & extemal auditors findings on the inegularities both major & significance at differentbranches of the bank and reference those to the Board with appropriate recommendation for decision, revieweddraft & audited financial statements for the year 2015.. Reviewed performance of internal audit 2015.
'Reviewed the reconciliation performance of inter branch transaction accounts and advised the managementto keep it regular.
' Reviewed the comprehensive inspection report on SBL by Bangladesh bank as on 31.12.2014.'Reviewed the cash holding position of different branches & advise the management to ensure maintenance ofoptimum level of cash to reduce idle cash in hand as per as practicable.
'Reviewed existing policy of ICC, Risk Grading, Credit Policy, Quarterly Risk Management paper etc. andmade recommendation to Board for approval.. Reviewed unaudited quarterly & half yearly financial statements of. Monitor internal confiol risk management process.
40
the bank for the year 2015.
'Discussed and reviewed annual budget 2016 & revised budget 2015 and recommended to the board withsome amendments.
'Reviewed the compliance status of audit objections and advised the management to ensure full compli-ance of regulatory, legal and significant issues meticulously.
'Reviewed the audit rating by intemal audit on Anti Money Laundering of all branches for the year 2015.
'Discuss and reviewed the effectiveness of annual audit plan 2015 and made recommendation to theboard for approval with suggested amendments.
'Reviewed existing risk management procedures along with implementation of core risk managementguidelines and advised the managements to implement the same more effectively.
'Reviewed the audit report of the subsidiaries and directing the authority to take necessary action asappropriate.
2.23 Credit Rating of the Bank
As per the BRPD circular no. 6 dated 5 July 2006, the Bank has done its credit rating by Alpha Credit RatingLimited based on the financial statements of Sonali Bank Limited dated 3l December 2014. The followingratings had been awarded:
Date of Declaration Valid till Rating ModeLongTerm
ShortTerm
Outlook
30-Jun-15 29-Jun-16Govt. Support AAA AR-1
PositiveWithout Govt.Suooort
A- AR-2
2.25 Implementation of BASELIII
Banls operating in Bangladesh are maintaining capital since 1996 on the basis of risk weighted assets in linewith the Basel Committee on Banking Supervision (BCBS) capital framework published in 1988. Consideringpresent complexity and diversity in the banking industry and to make the Bank's capital more risk-sensitive aswell as to improve the banking sector's ability to absorb shocks arising from financial and economic stress,Bangladesh Bank provides revised regulatory capital framework "Risk Based Capital Adequacy for Banks,,which is effective from I January 2009. Both the existing capital requirement rules on the basis of RiskWeighted Assets and revised Risk Based Capital Adequacy Framework for Banks as per Basel-II were followedsimultaniously initially for one year. For the purpose of statutory compliance during the period of paralel runi.e. 2009, the computation of capital adequacy requirement under existing rules rprevailed. On the other hand,revised Risk Based Capital Adequacy Framework as per Basel-II had been practiced by the Banks during 2009so that Basel-II recommendation could effectively be adopted from 2010. From January 2010, Risk BasedCapital Adequacy Framework as per Basel-II have been fully practiced by the Banks replacing the previousrules under Basel-L Bangladesh Bank adopted "Guidelines on Risk Based Capital Adequacy (RevisedRegulatory Capital Framework for Banks in line with Basel-Itr)" as per BRPD circular no. 18 dated 2lDecember 2014 replaced of "Guidelines on Risk Based Capital Adequacy (Revised Regulatory CapitalFramework for Banks in line with Basel-II)". This circular shall come into force with effect from January 01,2015. These new global regulatory and supervisory standards mainly addressed the following areas:
1. Pillar-l :
a) Minimum Capital Requirement (MCR)b) Assessment of total Regulatory Capitalc) Calculation of totalRisk Weighted Assets
d) Calculation of Capital to Risk Weighted Assets Ratio (CRAR)*
4t
e) Raise the quality and level of capital to ensure banks are better able to absorb losses on both a going concernand a gone concem basis;
f) Increase the risk coverage of the capital framework;g) Introduce Leverage Ratio (LR) to serve as a backstop to the risk-based capital measure;*
h) Calculation of Liquidity Coverage Ratio (LCR)* and
i) Calculation of Net Stable Funding Ratio (NSFR)*.
2.Pillar-2 z
a) Raise the standards for the supervisory review process ; and the main aspects of a rigorous SRP are as
follows:. Board and senior management ovenight. Sound capital assessment,. Comprehensive assessment of risks,. Mo4itoring and reporting,
b) Preparation of ICAAP (Internal Capital Adequacy Assessment Process) documents for assessing its overallrisk profile and a strategr for maintaining adequate capital.
c) SRP - SREP dialogue.
3. Pillar-3 :
a) Market Discipline/Public disclosures etc.
The macro prudential aspects of Basel-[I are largely enshrined in the capital buffers. Both the buffers i.e. thecapital conservation buffer and the countercyclical buffer are intended to protect the banking sector fromperiods ofexcess credit growth.
i) Capital to Risk Weighted Assets Ratio (CRAR)*
The Capital Adequacy Ratio (CAR) has been newly defined as Capital to Risk Weighted Asset Ratio(CRAR) which is calculated by taking eligible regulatory capital as numerator and total RWA as
denominator.
CRAR =Total Eligible Capital
Credit RWA+Market RWA+Operational RWA
ii) Leverage Ratio*
In order to avoid building-up excessive on and off-balance sheet leverage in the banking system, a
simple, transparent, non-dsk based leverage ratio has been introduced. The leverage ratio is intendedto achieve the following objectives:
a) Constrain the build-up of leverage in the banking sector which can damage the broader financialsystem and the economy.
b) Reinforce the risk based requirements with an easy to understand and a non-risk based measure.
A minimum Tier I leverage ratio of 3% is being prescribed both at solo and consolidated level
The banks will maintain leverage ratio on quarterly basis. The calculation at the end of each calendarquarter will be submitted to BB showing the average of the month end leverage ratios based on thefollowing definition of capital and total exposure.
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LR= Tiet I Capital (after relate deductions)Total Exposure (after relate deductions)
iii) Liquidity Coverage Ratio (LCR)*
LCR or Liquidity Coverage Ratio is a new liquidity standard introduced by the Basel Committee. Thisstandard is built on the methodologies of traditional liquidity coverage ratio used by banks to assessexposure to contingent liquidity events. LCR aims to ensure that a bank maintains an adequate levelof unencumbered, high-quality liquid assets that can be converted into cash to meet its liquidity needsfor 30 calendar days. LCR goes beyond measuring the need for liquid assets over the next 30 days in anormal environment. It measures the need for liquid assets in a stressed environment, in whichdeposits and other sources of funds (both unsecured and secured) run off, to various extents, andunused credit facilities are also drawn down in various magnitudes. These runoffs are in addition tocontractual outflows.
LCR= Stock of quality liquid assets>100%Total net cash outflows over the next 30 calendat days
iv) Net Stable Funding Ratio (NSI'R)*
NSFR or Net Stable Funding Ratio is another new standard introduced by the Basel Committee. TheNSFR aims to limit over-reliance on short-term wholesale funding during times of abundant marketliquidity and encourage better assessment of liquidity risk across all on- and off-balance sheet items.The minimum acceptable value of this ratio is 100 percent, indicating that available stable funding(ASF) should be at least equal to required stable funding (RSF). ASF consists of various kinds ofliabilities and capital with percentage weights attached given their perceived stability. RSF consists ofassets and off-balance sheet items, also with percentage weights attached given the degree to whichthey are illiquid or "long-term" and therefore requires stable nfunding. The time horizon of the NSFRis one year. Like the LCR, the NSFR calculations assume a stressed environment.
NSFR: Available amount of stable funding (ASF) > tooo/nRequired amount of stable funding (RSF) - - - - . -
The calculation of the NSFR requires two quantities to be defined :
A. available stable funding (ASF) and
B. required stable funding (RSF).
NSFR is met if ASF exceeds RSF, that is if ASF/RSF > I or lO0%.
2.26 Related party disclosuresAs per Banlladesh Accounting Standards BAS-24 Related Party Disclosures', parties are considered to berelated ifone ofthe parties has the ability to control the other parly or exercise significant influence over theother party in making financial and operating decisions. The company carried out transactions in the ordinarycourse of business on an arm's length basis at commercial rates with its related parties. Related party disclosureshave been given in Note 46.
2.27 LitigationThe bank is not a party to any lawsuits except those arising in the normal course of business, which were filledagainst the default clients for non-performance in loans repayment and against various level of tax authorityregarding some disputed tax issue. The bank, however, provides adequate provisions as per guidelines of BAS37 incompliance with Bangladesh Bank guidelines.
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2.2E Loan Write offWrite off describes a reduction in recogrized value. It refers to recogtition of the reduced or zero value of an
asset. Generally, it refers to loan for which a return on the loan is now impossible or unlikely. The item'spotential return is thus cancelled and removed from (Written off) the banks statement of financial position.
Recovery against debts written off/ provided for is credited to provision or revenue considering the previous
position of the loans.
2.29 Compliance of Bangladesh Accounting Standards (BASs) and Bangladesh Financial Reporting Standards(BFRSS)
The Institute of Chartered Accountants of Bangladesh (ICAB) is the sole authority for adoption of Bangladesh
Accounting Standards (BASs) and Bangladesh Financial Reporting Standards (BFRSs). While preparing the
financial statements, Sonali Bank Limited applied most of BASs and BFRSs as adopted by ICAB. Details are
given below
Name of the BASs BASsN^
Status
Presentation of Financial Statements I Applied*
lnventories 2 N/A
Statement of Cash Flows 7 Applied
Accounting policies, Changes in accounting Estimates and Errors 8 Applied
Events after the Reporting Period l0 Applied
Construction Contracts lt N/A
Income Taxes t2 Applied
Properly, Plant and Equipment t6 Applied
Leases t7 N/A
Revenue l8 Applied
Employees Benefits t9 Partly Applied
Accounting for Govemment Grants and Disclosure of Government Assistance 20 N/A
The Effects of Changes in Foreign Exchange Rates 2t Applied
Borrowing Costs 23 Applied
Related Party Disclosures 24 Applied
Accounting and Reporting by Retirement Benefit Plans 26 Partly Applied
onsolidated and Separate Financial Statements 27 Applied
Investment in Associates 28 Applied
Financial Instruments: Presentation 32 Applied*
Earning Per Share 33 Applied
Interim Financ ial Reporting 34 Applied*
Impairment of Assets 36 Applied
Provision, Contingent Liabilities and Contingent Assets 37 Applied
Intangible Assets 38 Applied
Financial Instruments: Recogrition and Measurement 39 Applied*
lnvestment Properly 40 N/A
Agriculture 41 N/A
44
Bangladesh Financial Reprinting Standards @FRSs)BFRSs
No.Status
First-time Adoption of Bangladesh Financial Reporting Standards I N/AShare-Based Payment 2 N/ABusiness Combinations 3 Applied
Insurance Contracts 4 N/ANon Current Assets Held for Sale and Discontinued Operations 5 N/AExploration for and Evaluation of Mineral Resources 6 N/AFinancial Instrument: Disclosures 7 Applied*
Operating Segments 8 Partly Applied
Financial Instruments 9 Applied*
Consolidated Financial Statements l0 N/AJoint Arrangements ll N/ADisclosure of Interests in Other Entities 12 N/AFair Value Measurements l3 Partly Applied
* Subject to departure described in Note 2.02 Statement of Compliance
2.30 Corporate Social Responsibility (CSR)
Bank authority is very much concem about responsibility to the society people. With industrialization, the
impacts of business on society and the environment assumed an entirely new dimension. For this Corporate
Social Responsibility has become a criterion of socially lawful business Endeavour and the acceptance of it, isgrowing day by day. Countries of developed economy have taken the idea of "Social Responsibility". Being the
largest state owned commercial bank in Bangladesh, Sonali Bank Ltd. has also realized its responsibilities to the
society and contributed to the amelioration of the social life of the destitute people, infra-structure, environment
etc. within the framework of Bangladesh Bank guidelines.
2.31 Off-balance sheet items
Under general banking transactions, liabilities against acceptance, endorsements, and other obligations and billsagainst which acceptance has been given and claims exists there against, have been shown as offbalance sheet
items.
Off Balance Sheet items have been disclosed under contingent liabilities and other commitments as per
Bangladesh Bank guidelines.
As per BRPD circular #10, date l8 Sep 2007,|yo provision should be maintained against off- balance sheet
items. Bank has maintained sufficient provision in the books of accounts against off balance sheet exposure.
2.32 Fraud and tr'orgeries
2.32.01 Fraud Prevention Process
Based on DOS circular letter no. 17, dated 7 November 2012 issued by Bangladesh Bank, the following areas
for self assessment of Anti-Fraud Internal Controls are addressed by the Bank:
. Internal Control and Compliance (ICC);
. General Banking and Operation (GBO);
. f,oans and Advances (LA); and
. Information and Communications Technolory [CT)
In addition to the above self assessment, the following process followed by the management:
i) Additional security devices are incorporated, not only within the
given to their numerous clients.
45
ii) In recruiting key personnel who are to handle certain sensitive operations, it is essential that bank makes
comprehensive efforts at conducting a proper background check on the status and nafure of the employee in his
or her neighborhood, as this would help them establish the probability of the employee engaging in fraudulent
activities.
iii) Regular need assessment to increase the ability of bank's staff in detecting fraud especially those related to
cheques and money transfers. This can be achieved through a combination of internal and external modules ofon the job training and off the job training exercises.
iv) Continuously review the code of ethics and code of conduct to reduce the probable tendency for fraudulent
behavior of the employees. It is believed that if employees are well motivated to the bank, the incidence offrauds will be reduced.
v) Favorable financial awards and recogrition should be given to employees who show dexterity in identifoing
and preventing fraud.
vi) Top management must also strive to maintain a high degee of ethical standards in the performance of their
duties, in view of the fiduciary nature of their functions. This is imperative as they are by law required to
safeguard the assets oftheir banks.
vii) The internal audit divisions of bank should not be seen as a dumping ground for non-performing staff. Staff
deployed into this departnent should be sufficiently qualified, properly trained and adequately experienced in
all facets ofbanking operation.
2.33 Internal Audit Process
Intemal Audit Division as independent from the part of Management, is committed to standards of best
professional practice on internal audit. The basic steps in the internal audit processes followed by the bank are
stated below:
1) Audit Planning Process
The basic audit planning process consists of two phases: the assessment of business risk and the development ofthe annual plan. Assessing of business risk focuses on viz. (i) defining auditable units, (ii) defining the risk
criteri4 (iii) constructing the risk model and (iv) ranking the auditable units.
i) Defining Auditable units
Auditable units are defined as individual applications, business units, departments or offices each of theses
approaches either limits the scope ofan audit project or broadens it beyond what can reasonably be managed.
ii) Defining the risk criteria. The model is based on operational risk, exposure and controls. Each area is broken down into sub-categories as
follows:
. Operational risk (people, systems, process, contracfual, reputational and political)
. Exposure (financial, regulatory and customer);
. Contols (people, process, information systems and reporting).
The controls categories are further broken down into the following sub-categories viz. people, process and
information systems.
iii) Constructing the Risk Model
The risk assessment and audit planning methodology is a structured approach to a subjective process. The risk
assessment and planning model is the product of value judgments.
iv) Ranking the Auditable units
The risk profile spreadsheet computes a score for each auditable unit based on operational risk, exposure and
control. This score is then converted into a ranking for each criterion as follows:
46
Operational Risk - high, medium, lowExposure - high, medium, low
Control - high, medium, low
2) Developing Audit Programme
Once the annual plan is developed and approved, Audit Progamme are developed for each audit to be
undertaken. Audit Programme is to be reviewed prior to the start of each audit to determine if there have been
any changes. The steps in developing an Audit Programme are: understand the operations, develop flowchart or
narrative, review the process with the concerned staff and develop the Audit Programme'
3) Implementing the Annual Audit Plan
The department undertakes structured approach to accomplish the annual plan and the actual audit can be
broken up into a number of stages stated below'
(i) Preparation stage
At this stage, the team leader ensures that all the necessary requirements for the audit are prepared and
available and preliminary reviews and information gathering is undertaken.
(ii) Fieldwork
During the fieldwork the auditor gathers evidence in order to determine the status of operations and controls
within a particular area. This evidence is the basis for the auditor's conclusions about a particular assignment'
(iii) Documentation or working paper
The working papers are evidence in support ofthe audit findings and opinion.
(iv) Audit F'indings
Findings are pertinent statements of fact uncovered during the course of an audit and these are to be reported.
the findings are reviewed by the Team leader and the Head of Audit prior to the final report being issued.
4) Reporting
The audit reports are submitted to the auditable units, senior management and to the Audit Committee of the
Board. The audit reports contain findings which are of a critical nature and have a major impact on the
organization. Other operational issues identified during the audit which are considered not to be of a material
nature but are worth are reported through 'Management Report' to the Head of the Department/Office and
Head of the area being audited'
5) Follow-uPAlong with compliance functioning the internal audit people employ close follow up to ensure that appropriate
and timely action has been taken on audit findings and recommendations. Internal Audit Department reports to
the Audit Committee on the current status of outstanding findings and what action is being taken to resolve the
issues.
6) External AuditInternal audit uses the external audit reports and ensures that any issues raised by the external auditor have been
followed up by management and whether corrective action has been taken in a timely manner'
2.34 Reporting Period
The accounting period of the bank has been determined to be from I
followed consistentlY.
47
January to 3l December each year and is
2.35 Comparative InformationPresentation of Financial Statements, comparative information in respect of the previous year have been
presented in all numerical information in the financial statements and the narrative and descriptive information
where, it is relevant for understanding of the current year's financial statements.
The comparative figure for amortization ofintangible assets has been taken offfrom the profit and loss account
and shown in the statemenl of changes in Equity against the corresponding amount in the current year's
financial statement as explained in note #18 to the financial statement.
2.36 Earnings per share (EPS)
2.36.01 Basic earnings pei share
The Bank calculates Earnings per Share (EPS) in accordance with BAS 33 "Earnings per Share", which has
been shown on the face of profit and loss account, and the computation of EPS is stated in Note 44.
2.36.02 Diluted earnings per share
No diluted eaming per share is required to be calculated for the year as there was no scope for dilution during
the year under review.
2.37 Approval of linancial statements
The financial statements werc approved by the Board of Directors on 2SApril 2016.
2.38 General
a) Figures havebeen rounded offto the nearest taka.
b) Prior Year's figures have been shown for comparison purposes and rearranged wherever necessary to
conform to current year's presentation.
c) Conversion rate is calculated based on the simple average ofbuying and selling rate.
48
NotB ParticuhnRcf.Notc
Amounl in Tska
CoBolidrtcd Bsnk
2Or5 I 2or4 2015 20t4
t.00 Cmh
Creh in hmd (Including forcign mmcics)Balme with Bmgladestr Bmk md its Agmt Bak (lncluding forcign
crencies)
3.03
Croh In Hud( Including foreign curencia)
IlelCumryForcignCmcy
Brlaucc wilh Bmghdsh Brnl rtrd its Agcrl BroI(
LmalCmcyForcign Cmency
Modc of Dcpoit with Bangladah Bank
Statutory Dwosit
Non Statutory Deposil
(D.t ib shom in AtrncrurA)Disclosurc rcgrrding maintcnencc ofCRR & SLR
3.01
3.02
3.0t
5.&gJ43,u6 6,t66,617,665 5'&i4't4:l't46 6,t66,617,655
(Including forcign currencic)
@,622;7t2,821 46,515,456,4E0 61,622,7A2,824 46,5r5,456,,tE0
@,622,7t2,A24 46,5 15,456,480 64,622,7A2,824 46,5 t5,456,4E0
@$22,7t2,t24 4651s,4s6,4t0 61,6221t2$2! 46is1s,456,/tt0
Cash Reserve Requirements (CRR) and Statutory Liquidity Ratio (SLR) have been calculated and maintained in accordance with the section 25 & 3t of
the Bank Companies Act I 991 (Amended 2013) and subsequent MPD Circulal No. 01, 23 June2Ol4-
The Cash Reserve Requirement (CRR) on th€ bank's time and demand liabilities at the rate of 5.5% has been calculated and maintained with Bangladesh
Bank in current account and l3% Statutory Liquidity Ratio (SLR), including CRR on the liabilities has also becn maintained in the form oftreasury bills,
bondsanddebenturesincludingF.C.balancewithBangladeshBank.Boththereservemaintainedby theBankareinexcessofthestatutoryrequirements,
as shown below:
Cesh Rarcnc Rcquircmcnr (CRR )
As per MpD circular No. I dated 23 June 2014 ofBangladesh Bank (effective from 24 June 2014) refer to MPD circular No. 04 dated I December 2010'
all scheduled Banks are required to maintain a CRR minimum 60lo on daily basis based on weekly average demand and time liabilities of two months prior
to cunent month (i.e. CRR ofDecember 2015 will be based on weekly average balance ofOctober 2015 as per BRPD circular no. 12 dated 6 September
1998) and minimum 6.5% on bi-weekly basis. However, SBL has been maintaininB its CRR on bi-weekly basis.
Amount in Takl20ls | 2014
Avemge dmmd md time liabilities
RequircdRewe
Rcserye held with Bmgladedr Bankr (Avuage)
SurpluJ(DeEcit)
77t,960,00o,000 666,r9sJE4,61s
Pcrccnargc
6.50o/o
7.73Yo
t.ztvo 9,502J00,000 566,570,000
*As per statement of Bangladesh Bank
rAs Sonali Bank Limited is maintaining its CRR on bi-weekly basis, the bi-weekly basis balance of reserve held with Bangladesh bank was Taka
59,6?9,600,000 which indicates that the reserve held with Bangladesh Bank is not below the required reserve
3.03.02 Strtutory Liquidity Ratio (SLR) (including CRR )
Bangladesh Bank circular (MpD circular No. 02 dated l0 December 2013 and DoS circular No. 0l dated 19 January 2014) to maintain SLR s€parately at
l3yo efrective from 0l February 2014. Sonali Bank Limited maintain SLR separately from the above date.
The Bank has to maintain Tk. 100,354,900,000 on by-weekly basis on December 2015 as SLR against which the bank maintained Tk. 397,772,900,000.
As a result the surplus ofSLR stood Tk. 297,41 8'000,000'AmouEt
5
Avrage danmd and time liabilitis
Required ResweActual Resewe held with Bmgladesh Ba*SurpluV@eficit)
Grcnd TotrlofCRR&SLRRequiredRmeActual Rcssve held with Bmgladesh Bank
Surpluy(Deficit)
3.03.02.1 Acturl RBcn hcld N Strtuiory Liquidity Rstio (SLR)
771,960,000,000 666,195,3E4,6r5
Casb in hmdExcess ofCRRBatme with Bangladesh Bmk and its agmt butk(s)
Unmombercd approved seuities (HFI)
Unaumbued approved wuitics ([ITM)
Other Eligible Secuities
PGrccntacc
I sg.zox I +sz,lsz,soo,ooo I gzg,rlo,szo,ooo I
3rJ6% 306,rm,.00,JJ/Jo rr9,11 ,47O,
5,854,E43,846
t4,622,7E2,824
6,A66,617,665
45,5 I 5,456,480
5,t54,843,846
64,622,'182,821
6,866,6 17,66s
46,51 5,456,480
t45 45
5,200,639,649
654,204,197
6,t46,225,275
720,392,390
5,200,639,649
654,204,197
6,t46,225,275
120,39239o
6u,576,O71,5''.nl 45,163,674,tt1
4,U6,7r,253 | t,rst,zat,see
60,576,071,57 |4,046,711,253
45, t63,6?4,ttl1,35 1,78 1,599
10,427,444,000
20 1,33 I,604,000
I 18,269,920,000
Noa6 PrrticuLrn Rcf.Notc
Aoount in TrkrComlid.tcd Bank
20t5 2014 2015 20144.00 Bohncc with Oah.r Brnls and Finrnciel Irotitutiont:
In Bmgladesh
Outside Bmgladesh
Agrmi Bilk Ltd.
AtrsVDPmaymBilkBASIC Bmk
Bmgladesh D*elopmmt Bd* LtdICB Islmic Bmk Ltd.
National Bsrk of Pakistm
Modhmoti Bark Ltd.
Bmgladesh Comre Bak Ltd.
Fsm6 Bsnk Ltd.
City Bek ltd.AB bilk Lid.
One Bank Ltd.
JmuaBank Ltd.
IFIC Bek Lid.
Standtrd Billk Ltd.
Mscantile Bank Ltd.
SBACBL
Rajshahi Krishi Unnayan Bmk
SBL, Forcign Ex. Corp. Br.
Dhaka Bmk Islmic Banking Br.
SBL Uttam Br.
UCBL, Bijoynagu Br.
SBL Mirpu Shilpa Elaka Br.
Sub TotrlNon-Bank Financiel hstitulions
BmgJadesh Indusrial Fhmce Company Ltd.
Bmgladch Finme& bv6Ermt CompmyLtd.
First Lme Finane & lnvctsnmt Ltd.
FAS Fime & Investnat Ltd.
Investnmt Corporation of Bagladesh
GSP Fimcc Co. Ltd
Pmple's Leing & Finmcial Swics Ltd.
Prmia Leasing & Finme Ltd
La*a Bmgla Finme Ltd
Reliane Finme Ltd.
FremtFinmce & Invmtnent Compey Ltd.
First Ect Finmce Invesfinent Ltd.
Sub Tolal
Total
lss: Inter Compmy Balae Eliminated
Gnnd Tolel
4,O2 Behncc Hcld wiih Forcign Brnk! (Outsid. Brnghd6h)
Foreign Bmks
Asiu Clwing Union
Overm Bonches ofSonali Ba* Ltd.
Sona-li Exchmge Co.,Inc
4.01
4.02
4,01 Bdancc with othcr B|nls and Fin.ncid lBtituahBln Brngladeh :
Tnn{ctiotr CurensBrnk
2r,7Er53s,177 40,131540,149 2r57!,0s9,3s9 39,t3rJr4,042
2"t70,1!.44,95E tE?t2,654,sD 2,t45,t19,m0 1E,tt5,8I9,000
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
BDT
t7,920fi44,95t
18,475,540
31,1t2,654599
67,905,6t5
17,895,t19,000 31,105,tt9,000
t7,901,569,41t 31,1 14,74E,9t4 17,t95,t19,000 31,105,8t9,fi)o
4.02.01
4.02.02
4.02.03
17,901,s69,418
10,Et6,965,759
3 1,1 14,74E,984
9,0 16,791,165
I 7,t95,8 19,000
10,676,240,359
31,105,819,000
t,732,565,U2
200,000,000
145,8t 9,000
l,0oo,oo0,o00
500,000,000
1,000,000,000
14,85 1,606
550,7 l92,204,543
5,199,699
l,,t 19,391
2,000,000,000
740,000,000
2,000,000,000
I45,8 19,000
100,000,000
500,000,000
r,000,000,000
2,000,000,000
2,100,000,000
2,000,000,000
I,250,000,000
500,000,000
1,500,000,000
t,000,000,000
300,000,000
1,000,000,000
61,727,779
1,1t3,773
2,O89,2t8
7,516,212
4,08t,61t
200,000,000
145,819,000
1,000,000,;00
500,000,000
1,000,000,000
2,0q),000,000
740,000,000
2,000,000,000
145,8t9,000
100,000,000
500,000,000
1,000,000,000
2,000,000,000
2,100,000,000
2,000,000,000
1,250,000,000
500,000,000
1,500,000,000
1,000,000,000
300,000,000
1,000,000,000
200,000,000
300,000,000
600,000,000
10,000,000,000
150,000,000
880,000,000
3E0,000,000
500,000,000
990,000,000
600,000,000
450.000.000
200,000,000
300,000,000
200,000,000
200,000,000
10,000,000,000
150,000,000
730,000,000
300,000,000
490.000.000
400.000,;00
200,000,000
300,000,000
600,000.000
10,000,000,000
150,000,000
EE0,000,000
380,000,000
500,000,000
990,000,000
600,000,000
450,000,000
200,000,000
300,000,000
200,000,000
200,000,000
r0,000,000,000
150,000,000
730,000,000
300,000,000
490,000,000
4oo-ooo.;oo
15,050,000,000 12,970,00{1,000 1s,0s0,000,000 t2,970,m0,000
50
4.02,01 Balencc held with forcign bank
4.02.02 BBtEncc Hcld witt Asisn Ctcering Union (ACII)
4.02,03 Bdsnc. Hckl wiah Ovcncar Bnnche of Sonali Bcnk LiEitGd
SL No. P.rticulrnAs rt 3l Dscmbcr 2015
Forcign Cumncy FC rEouEt Erchrngc rrtc Amout ln TrkrI2
3
4
5
6
7
8
9
l0llt2
l3l4l5l6t7
Itl920
2l22
23
24
25
26
27
Smali Bat (UK) Ltd London
Sonali Bmk (UK) Lrd l-ondon
Sonali Bmk QK) LtrL London
Zairc Bmh tandon
Stmddd ChiltqEd Buk, landon
Mshrcq Bnk N.Y
City Banl N.Y.
Na WestBilk Plc, Irndon
Stmdtrd Chiltqed Bmlq N.Y.
J.P Margon Chre Bad N.Y.
Bml of Amqica, N.Y.
Rafediym Banh Im9
Habib Amaim Barlq N.Y.
ChmChemicalBmtSonali Bmk Kolkata Br.
Bugladesh Forcign Post Offie (BFPO)
Bmk ofTokyo Ltd- JeuH.S.B.C Bmt Au*aliaDmDoskDKK BakStmdtrd ChartqEd Bmk, Japm
Standrd Chanmd Beh Singaporc
Alraji Bilk I}.IV. Corp. RadhUnion Bmk Of Swiscrlmd
BHF Bank GmaryBak Of Montsal, Cmrda
Stsndild Chartqed Bmlq GmmyEuo Crcditor Italim Soa ltalv
USD
GBP
EURO
GBP
GBP
USD
USD
USD
USD
USD
USD
USD
USD
USD
ACD
USD
J.YEAN
ACD
DKKJ.YEAN
SGD
SAR
CHF
EURO
CAD
EURO
EURO
78,272,103.6t
It,t34,971.3 t
1,177,230.5t
276,433.40
4o2,t94.23
1,206,369.57
I 1,4tt,283.08
50,478. l42,293,903.34
104,235.84
I 1,610.35
25s,938.60
6,584,0 l 2.33
693,634.15
9,474.s0
2,257,506.50
9,42 1,6s0.00
44,418.69
15,269.75
1,3t2,346.00
66,5t3.40
l,l r6,945.78
20,E37.44
78,196.8E
15,837.85
166,63E. l71,466,345.49
78.50
lt6.z985.82
1t6.29
t16.29
7t.50
78.50
78.50
7E.50
7t.50
7t.50
78.50
7t.50
78.50
78.50
78.50
0.65
57.22
I 1.50
0.65
55.50
20.92
79.52
85.82
s6.52
85.82
85.82
6,140,989,594
2,190390,6t4
126,770309
32,t46,4t293,287,Ot7
94,700,0t I%1,E30,222
3,962,534
180,071,4 l28,390,98s
9|,41220,091,1to
516,8,14,968
54,450,2t1
743,74a
177,214,260
6,138,205
2,541,579
t75,595
900,598
3,695,1s7
23,365,436
t,656,947
6,710,559
895, t4714,300,2@
125,836,198
Iotal Dcbit Belancc (A) 13E 413',r4t.91 10.729,011,106
SL No. PrrtiolenAs et 3l Dcccmbcr 2015
Forciqn Currcncy FC rEoutrt Erchmgc rtc Amoutra in Trka
I2
3
4
5
6
7
8
9
l0
Stmdud Chatsed Bmh N.Y.
Amq Bm.k N.Y
J.P Margon Chase Banlq N.Y.
Wells Frgo Buk NY
H.S.B.C Bnal USA
Comw Bilk FB*ftrt, GmmyStmdrd Chartaed Bak, CmyDhoa Bilh Qalsr
Na Wet Plq tlndorDu6h Bak Trust Co. I,ry
USD
USD
USD
USD
USD
zuROEURO
USD
GBP
USD
931,307.72
23,704.9t
5,329,391.35
73,952.67
203,717.35
130,904.69
3,t66,1t3.36
3,23 1.00
19,300-09
862,301.34
78.50
78.50
78.50
78.50
78.50
85.82
85.82
78.50
116.29
7E.50
73,107,656
1,160,84 l418,357,221
5,805,284
15,991,8r 3
t1,233,744
271,76t,314
253,634
2,244,406
67,690,655
Tot l Crcdit Brhncc (B) t0,744,594.56 E6Er06,566
Grsnd Totrl (A-B) 127,66t,854.35 9,E60,7M,540
SL No. PrrtituhnAs et 3l Dcccmbcr 2015
Forcign Cumncy FC rmount Ercheogc mtc Amount itr Tska
I
2
3
4
5
6
7
8
9
l0II
Sonali Bark Ltd Kollata
Myanmu Economic Bmk
Myumr Emnom.ic Bank
Nepal Buk Lrd. Ka$mdq NePal
Myanmu Foreign Trade Bmk
Bmk of Bhutan
Habib Mctropoliian Bank Ltd.
Myamil lnvstmmt & Com. Bmk
St{dild Chafiq€d BaDh KrehiSonali Bak Lrd Kollata
Bark ofCeylon, Srilmka
EURO
EURO
USD
USD
USD
USD
USD
USD
USD
USD
USD
I 3,26t. l6150,000.00
200,000.00
40,404.20
29t,386.49
462,680.73
905,346.s8
200,000.00
5.48
319,052.37
81,875.82
t5.E2
85.82
78.50
78.50
78.50
78.50
78.50
78.50
78.59
7t.50
78.50
I,138,623
12,8',t2,430
I 5,700,000
3,17t,730
22,873,839
36,320,438
7r,069,707
15,700,000
431
25,045,6t I
6,427,3!O
[oaal 2,664,020.t3 210J20,r39
SL No. PrrticulsnAs rt 3l Dscmb.r 2015
Foreign Currcncy FC rEount Erchrngc nta Amount in Trkr
I Ovmas Bmches (Kolkata & Siliguri) IRS 5t2,2a6,847 l. lSlr 605,21 5,680
Totals12,286,U1 ,A. 605,215,680
ffi 5l
.yIIffi *
*^
4.03 Mrturity Grcuping of Balancc witb Othcr Brnks & Finlncid lrtitutions
OtrDmdksthn tbre mothsMorc thu thr@ months but ls ttm onc !mMorc thm one ytr but lcss thm five ymMrc tha fiveym
5.00 Moncy rl CrlI on Shorl Noticc
h Bmgladcslt
Outside Bmgladedt
ln Bangledah
BrnkOrhtal Buk( ICB Islmic)
ComaeBmkof Ceylon
Eastm Buk Ltd
Pubdi Bilk Ltd.
AB Bank Lrd
MidlmdBmkLtdBrc Ba* Ltd.
oIEBe& Ltd
Stmdard Bank Ltd.
JumBilkLtd.City Bmk
Sub Total
NoD-Brnk Finrncirl hsaitutioc
DBH
BFIC
Firsr Finme Ltd.
ICB
L"arka Bangla Financ
Phoenix Finme
Pcople LashgBDFimeLtd.Sub Toral
Gmnd Totsl
Outridc BrngladehKolkata & Shiligui Bmch of Sonali Bank Limied
5.01
5.O2
5.01
1,S2t,7tzpm 9J25rlt2,m 4,521,712,0m 9
777r00,ur0 6,230,000,000 777,2O0,OOO 6,230,000,000
4,427,200,m0 9,140,000,fit0 4,427,200,000 9,140,000,000
945I2.OOO t5582,(x)0 94,512,fir0 t5,5E2'000
3E1,600Je7,662 300,77s,9t3,800 3E!flre'321f9?- 3!9'Zl'9t3't0o.
5.02
6,00 lnvcstmenls
Govemmt Secwiti6
Oths Investrnmls
Total
6.01 Govcmmcnt Seuritio (considcrcd es SLR)
Treasury bills-PrimuY
Govment NotcJBondVother suitiesPrize Bond
ICB Shue
Elebentues Public
RwcN -RePo
6,01.01 TrtsurY Bilt.PrimsrY
28 days TrasuY Bills
9I daysTmurY Bills
182 days TrmrY Bills
364 days TresurY Bills
5 y6Tresuy Bills
30 days Bmgladesh Bmk Bill
6.01,02 Govemmcnt Notcs/Bonds/othcr seuritic'
6.01
6.02
6.01.01
6.0t.02
2 yeas Bugladch Govement E€asury bond (BGTB)
5 yea$ Bangladesh Govemment tsmury bond (BCTB)
l0 yem Bangladesh Govt.Treasury Bond@GTB)
I 5 yas Bugladestr Govt.Trssry Bond
20 Yess Govsnmmt t6ury bond
25 Yffis SPL trasury bond
l-13 yrusTrmury Bond (BJMC)
5-15 yffi BPC t6ury Bord
Not6 ParlicuhrRGf.
Notc
AmouDt in TrkCoNolidrtcd Bsnk
20ls | 2014 2015 2014
10,160,704,540
12,490,320,t39
5,775,21s,680
t45,819,000
216,475,t18
t,732,565,042
28,090,000,000
2,E70,000,000
145,il9,000
293,156,tO7
10,160,704,540
12,4m,320,139
5,775,215,680
145,8 I 9,000
8,732,565,M2
28,090,000,000
2,870,000,000
145,81 9,000
2rr78t535,177 4!,13rs40,r49 2t,572,0s9,3s9 39,t3tJt4,042
4,427,200,000
%,512,000
9,140,000,000
t5,582,000
4,427,200,000
94,5 12,000
9,140,000,000
t5_582.000
177,200,000
2eo,ooo,;00
3 10,000,000
It0,000,000
500,000,000
100,000,000
t00,000,000
r00,000,000
800,000,000
500,000,000
2s0,000,000
3,000,000,000
177,200,000
zs0,o0o,ooo
310,000,000
180,000,000
500,000,000
100,000,000
t00,000,000
100,000,000
E00,000,000
500,000,000
250,000,000
3,000,000,000
80,000,000
160,000,000
140,000,000
2,900,000,000
50,000,000
170,000,000
150,000,000
150,000,000
2,600,000,000
t60,000,000
80,000,000
160,000,000
140,000,000
2,900,000,000
50,000,000
170,000,000
150,000,000
150,000,000
2,600,000,000
roo.ooo.ooo
3,650,000,000 2,910,000,000 3,650,000,000
38 1,600,397,662
26,E29,6E4,777
300,775,983,t00
22,247,461,373
3r 1,600,397,662
26,3ss,0't7,122
300,775,9E3,800
2t,950,942,9s1
40t,,130,0t2,439 123'02t,41,n3 407955,474JU 3Wz6,926J5l
126,O15,844,363
251,441,965,a70
102,078,300
9I3,424,500
5,147,900
3,115,936,729
79,355,903,279
200,49E,187,543
I 15,501,476
175,027,500
75,147,900
20.s56.2t6.102
126,01 5,844,363
251,447,965,8'10
102,078,300
913,424,500
5,147,900
3,115,936,729
79,3ss,903,279
200,49t,187,543
I I 5.501,476
t75,027,500
75,147,900
20,556,216,1O2
16,894,720,183
2t,304,463,905
13,915,404,275
71,901,256,000
42,558,922,6E4
s,508,82t,981
3 1,288,1 5 1,614
16,t94,720,183
23,304,463,905
13,9t5,404,215
7t,901,256,000
42,558,922,6U
5,508,828,981
3 1,288,1 5 1,614
21,232,792,548
72,404,566,063
56,63 1,830,47 I
I 8,165,349,005
2 1,989,59t,783
434,129,000
6,425,000,000
54,164,700,000
18,839,834,947
53,667,355,833
45,145,407,919
to,617,473,491
9,381,482,353
596,933,000
6,425,000,000
55,164,700,000
2t,232,792,54E
72,404,566,063
s6,63 r,830,471
I 8,165,349,005
21,989,598,783
$4,12m6,425my
54,rq,N%ooo
18,839,834,947
53,667,355,833
45,745,407,919
t0,677,473,191
9,38 1,482,353
- 596,933,000
N,ozs,ooo,ooo\ r.E.164.700,000
aia;
Not.s Prrticulrn Rcf.Notc
Aoount in TakaComlidrtcd Benk
20ts | 2014 20rs I zott
6.01.03 lnvstmcnt itr GovGmEGnt lcuritia duificd B pcr Brnghdah Bank'r DOS cimler No. 05 dttc 26 Mey 2filt rnd DOS circuler No. 05 drtc 2t J.nusry 200!r.
Held to Mafuity (HTM)
Held for Tnding ( HFT)
Oatcr hvdaDcnb:
Odinary ShmSonali Bmk LJK Limited
Debmturcs of priwte se{on
Scuity D€posit with Catral Bmk of India
Investnmt in forcigtr mcyPrivalc Bond
Sonali Polaies FT I*d-
Outridc Beagledah (Oreno Bnncha)Total Oths ltrvcsh€nts
Ordinrry Sbrro
Quoted-Fully paid-upordinry shuct
Unquoted-Fully paid-upordinary sharc
Sonali Inv6tnat limited
Shue Rcvalution
t'r9,3o0,254,n61 O6,932,372,4ot1 179,3OO,254,9't6l 176,932,372,408
202,t98,064,386f rZr,uZA,rOS,SIOl 202,19A,0643A61 nt,tZt1Oe,Src6.01.0
3rr,{9tJ19,362 300,660,4t2J24 3t1,49EJ19J62 300'660',rt2J24
6.01.0tr As per Bangladesh Bank Instruction, ICB share has been kept out of protfolio Investnent and categorised as HFT component.
Dctdls ln AnncrurrA
6.02.O1
2q7ts,767,14t93,917j629
22,160,170,962
87,zg0Alt25,26\ts9,49t
93,917,629
21,t63,6521S{0
t7390,4tr26,t79,6t4;177 22,.47,46t373 26,355,077,122 219fl,9429s1
6.02.01
* Investment in quoted sharcs has been considered at fair value as on the reporting date. As per Bangladesh Bank DOS circular No. 04 dated 24 November
2011, provisions fordiminution value ofshares will be made on the difference ofaverage cost and market price. During the year average market pric€ is
lower than cost price. So provision had been made as of 3 I December 20 I 5 as per Bangladesh Bank approval.
lnv6Ecntitr Sh8ro & Botrd
Setor wisc invdtEcnt
Listcd rmuritics
10,983,934,640
1,492,259,6t9
51,796,225
9,126,664
3,532,500,000
t0,639,900,000
26,250,000
t3,275,06t,272
1,549,024,t94
51,92t,225
9,163,571
3,507,750,000
3,73t,000,000
29,250,000
10,509,326,9rs
1,492,259,619
51,796,225
9,t26,664
3,532,500,000
10,539,900,000
26,250,000
t2,978,s42,t50
1,549,024,A94
5t,92t,225
9,t63,571
3,507,750,000
3,73E,000,000
2q250,000
PrrticuhnMarkct Pricc
,or (Colt Pricc
201s
Listed SroiticNon-Listed Seuitir
85
t4
3,027,t97,291
5,722,120,040
4,787,206,945
5,722,120,040
4,671,O9o,704
5,789,620,040
Totcl 99 7. ,9t5 744
ScctorMarkct Pricc
2015Cct Pricc
20t5 2014
lmk and NBFI
hsume Compmies
Fuel nd Powsco.Muufrcturins & Ofts
44
5
8
28
1,87 t,063,902
24,427,824
248,514,36E
883,191,203
3,048,403,329
11o,E92,579
/+43,936,508
I,183,974,530
2,966,2t1,660
I 10,8E5,t04
396,154,586
I 354
fotd 85 3,027,197,297 4,7t7,206,945
ScctorMarkct Pricc
2015Cost Pricc
2015 ,nr
Bank md NBFI
Manufacturingtuhffi
5
3
6
405,694,04010,440,100
5.305.9t5.900
405,694,040
10,440,100
5.305.985.900
536,t79,94010,440,100
5-243.000.000
Total 14 s.722.120.O40 5J22,120,04O 5,7E9,620,040
The unlisted investments are shown at cost because the fair value cannot be measured reliably
Dcteil Shom in AmcrurcF
Priwtcbond(5Ycsn)Prime Bmk Ltd. Bond
Eastm Bmk Bond
Bmk Asia Bond
MTBL Bond
Jmua Bank Bond
UCBL Bank Bond
SIBL Bank Bond
Standard Bank Bond
NBL Bond
DBL Bond
TBL Bond
Southrut Bmk Bond
AB Bank Bond
Prmis Bank Bond
210,000,000
250,000,000
r2t.ooo,0oo
200,000,000
1,200,000,000
2 I 0,000,000
250,000,000
128,000,000
200,000,000
1,200,000,000
750,000,000
500.000,000
?10,000,000
500,000,000
500,000,000
l,l 87,500,000
1,000,000,000
1,000,000,000
500,000,000
800,000,000
102,400,000
140,000,000
1,150,000,000
750,000,000
710,000,000
500,000,000
500,000,000
I,t87,500,000
1,000,000,000
1,000,000,000
500,000,000
r00,000,000
102,400,000
140,000,000
1,150,000,000
750,000,000
1,500,000,000
800,000,000
4;1E7,206,945 | 4,674,090,704 | 4,187,206,9451 4,674,090,704
s,722,120,040 | s,789,620,040 | s,722,120,040 | s,789,620,040
474,601,65s1 296,s18,422 1 |
{umbcr of CoEpuy
4-671
Numbcr of Company
6.03 Clasification of Strtutory sndNoFttrtutory hY6bcnt
Statutory lovestnent Portfolio
Non-Statutory lnvGtnmt Portfolio
6.03.01 Strtutory hYdtmcnt Portfolio
Hcld ro Maturity (tftM)Held for Tmding ( HFI)
Non-Statulory InvatEGnt Portfolio
Ordinary Shae
Sonali Bmk UK Limited
Debmnrc of private wtosSffity Deposit with Cmral Bank of India
Investnmt in forcign ffimcyPrivdc Bond
Sonali Polries FT Ltd
Outside Baglad*h (OvM Bmches)
Prize Bond
Mrturity gmupitrg of ltrYdtmsts s follffi :
ODdmmdIsthmthremonthsMorc thm thm months but lcs thm one ycrMorc thm one ya but lw thm livc YasAbove fiveyas
Iams and advencs
Lrils, cash crcdits and ovqdmfo
Bills puchued md dimuted
Mrturity Grouping of l-sn! rnd Advancd
lpus md advanes ue rePaYable:
Repayable on dunand
Not more than 3 mon6s
Morc thm 3 months but mt more thm I year
Morc thm I ya but notmorethe 5 YffiMore than 5 ye$
6.03.02
6.04
7.00
In Bangladesh
Outside Bmgladch
7.02.01 In Bengladeh
Lom
Cash Credit
Ovqdraft
Portfolio Los to lnv6toE
Bills Prchrcd and discouled
7.02.02 Ou6idcBengledcshLoan
Cash Credit
Ovq&aftBills Purchued and disountcd
7.03 lon!' csh crcdiB rnd overdnftrLoan
Cash CreditOvs&aftPortfolio Loan to lnYestoF
7.01
7.02 laans and Advanca (In lnd ouhidc Blngbdch) includitrg bilk Purchrscd rnd discountcd
381,498,319,362 1@,660,4t2,324 381'49E319,362 300,660,4t2,324
26.931,763,077 22,362,962,849 26,457,155'422 22'066,4M'427
40t.00.0t2,,139 3Lr,O2r,145,17! 407955r47{'7t4 322'726'926,751
3sl./t98319362 ,00.660.4t2J24 3tl'49EJ19J62 300'660'482J24
10t 430,0t2,43? t23,023,U5,n' 4m,955,O4JU 32 6926J51
-gqgu444,orz,nt
J39,766,r03'592 3/t6J46J40'857 337'554'/83'143
- l*tu.wi,sts 33tr15.t,987582 346J46J40'867- 337'554'433'143
--;IE Iir;u 337,t61,e13'6er 346'o2s'120F70 337'262Jse'2s4
6.03.01
6.03.O2
6.02.01
7.03
7.M
7.02.01
7.02.02
7.03.01
7.03.02
7.03.03
7.01.04
Amount b Trkr
Note Perticul|nRcf.Notc
Comlidrtcd Bank
20ls 20r4 2015 2014
179,300,254,976
202,t98,061,386
176,9?2,372,408
t23,72E,109,916
t79,1W,254,976
202,198,064,386
176,932,372,40a
t23,728,109,916
10,983,934,640
t,492,259,619
51,796,225
9,126,6U
3,532;500,000
10,639,900,m0
26,250,000
93,9t7,629
r02,078,300
t3,275,06t,272
1,549,024,894
51,921,225
9,163,571
3,507,?50,000
3,73r,000,000
29,250,000
87,290,41 I
I I 5,50 1,476
10,509,326,985
1,492,259,619
51,796,225
9,126,664
3,532,500,000
10,639,900,000
26,250,000
93,9t7,629
102,078,300
12,978,542,850
t,549,O24,894
st,92t,22s9,163,57t
3,507,750,000
3,73t,000,000
29,250,000
E7,290,41r
I 15,501,476
26.93tJ63.0?7 22362,962,U9 261s1,155,422 22,066444'427
3,21 8,015,029
I 13,280,876,184
36,511,392,680
122,302,949,364
t33,0r6,849,182
20,556,216,102
53,960,000,000
36,176,095,166
97,n2,519,125
I 14,428,6t4,780
3,2 lE,0 I 5,029
I 13,280,876, I 84
36,541,392,680
122,302,949,364
t12,612,24t,521
20,556,216,t02
53,960,000,000
36,176,O95,166
97,902,5t9,12s
I 14,132,096,3s8
331,395,991,893
I 1,04t,04t,0t5
325,3 16,333,005
14,449,710,547
335,29A,299,'t82
I 1,04t,fi 1,085
323,104,662,556
11,449,710,587
348,441.032,978 339,766,103,592 3'16'346J40ff?-- --- lllE
2t,85t,477,190
4,691,117,713
11,392,026,640
143,80t,508,252
166,700,903,It3
47,393,855,1 83
3,6 10,3 10,5 l3
10,305,63 I,739
132,207,580,862
146,24A,725,295
21,a51,4'17,190
4,69t,tt7,713
1r,392,026,640
143,80t,508,252
164,603,21r,O72
47,393,E55, I E3
3,610,3 l0,s l310,305,63 1,739
t32,207,5E0,462
144.037,054,846
348,122,812,6tt
321,220,297
337,E61,913,693
2v2,073,889
345.O25,t20,570
321,220,297
331,262,359,254
292,073,889
28s,E49,336,391
3 l, l7l, lt6,50tt7,8 19,386,9 l0
2,402,692,111
10,tt0,2 10,?6 I
269,073,312,r39
37,03 1,603,404
t6,8'12,306,437
2,471,670,449
12,413,02t,264
28s,E49,336,391
3 l,l 71, I 86,508
I t,124,3t6,910
10,880,2 10,761
269,073,3t2,139
37,03 1,603,404
t6,872,306,437
A,2a5,137,274
2Es,E87,406,709
31,119,379,611l7,926,513,4622 402.6E2.111
269,1O3,0t6,29637,033,464,218ft,70a,112,o42
2.471-670.449
2t5,8t7,406,10931,t79,379,61118,23 1,5 t3,462
269,1O3,086,295
3't,033,464,21816,96t,1 12,042
6.O2.O2
No16 PrrticulanRcf.Noac
Amount in TekrCoNolidrtcd Brok
2ols | 2Ol1 20ls | 2014
Lortr!, Csh Crcdits rnd Ovcrdmfts:Insidc Bangladub:IarnrDmmd Loan
Small Lom
How Buildiag lam (Gaeral)
stalf hmSpeial Small tla Pmgrm
I-om Unda S.B Indusrid Cndit Sch@{Proj€ct)
t m mdq Extmd CrEdit Plo'glm
working Capital to Industri6 (t4?o)
Working Capiul to hdustsiB.( Pledge)
Smali qedit
lnu undedSB Agro Bascd Industrial Cr.Schmc
Woddng Capit l to Atro bascd Ind. (Hypo)
wo*ing Capitd to Agro bascd Ind.( Pledge)
Agriottull LraMim Crcdit (SFL Schmc plu RSTL Schme)Im uda Inported MachmdisdLlM)lrm agains Trus RecriPt
Forced lnn agins Back to Brck UChm for UC udtr WES.
t m .g'in$ Inlmd Bills
Cl,mi Amut Bartcr(Debit Bala&€)
BridgcFimeSmall Buins Loan
Lase FinmeProbui Krmo Smgsthm Prokalpa
ComerLomTmLouto FrcedomFighta
Eduelion Lom
Forcign Erluetion Lom Progm
SME Finmodtm hm to Sflie)SME Finmc{Tenr Im Indurie)SME Fimc{Working Capital to Ind.Ss.Trc.)
Ou6idc Brnghdcsh:
IauDmmdLranSmall tomHowBuildingLom
Toarl l-eni
7.03.01.1 StrlfLouStaffHow Building Lom
StaffLom
7.03.02 Crrb Crcdit:ln Banghdab
Cash Credit General (HYPo)
Cash Credit Gacml (Pledge)
P.cking Csh Credit
Ou6idc B.ngl.ddh:Csh Crcdit
Totrl Crlh Crcdit
7.03.03 Ovcrdmlb ctc.:
Overdraft Lom (n Banglad€sh)
Ovodraft tom (Outside Bagladeslt)
Totd Ovcrdmfb etc
7.03.(X Portfolio larn ao InvBtort
Oparing balmce
Add: Charyed aPPIY duuing thc YaAdd: Lm disbused duing trc Yeu
[:s: Inm mvsed duing thc YaTotrt Portfolio Loan to ltrvcston
7.03.0t.
28s,t49J36J91 269,O733t2,tt9 28SI49J36J9r 269,O73,312,139
3r,070Jtt 29,774,t51 3r.070Jr8 29,774,157
2t5,Et7,405,709 269,103,Ot6296 2t5,trrJ06,7o9 259,103,086196
45,768,424,64'1
2,449,448,234
4t217,E72fit
E.193,t03 1,86{t,t14 t,193'103 lt60'tr'l3l.l79J796ll 37,033,46{rrt 3r,t79379'6tt 37'033'4&l2lt
17,819,3E6,910 16,612,306,437 lt,12'1,386,910 l6'872'306,437
-rz,irsJseBto
te,otzJ06,43z ls'l24JE6Blo te'szzJ06'arz
107,126,552 95,t05,505 107,126'552 95't05'605
-v.gteJltAez
t6,7ot,rtz,oa lt 3r'513'462 t6p6tJlz'042-
3,258,929,607
2 10,t0 1,2 l6
644,454,520
5t,4t4,263,872
439,495,483
33,632,296,575
t9,945,5E3
26,291,0t7,503
I,516,573,571
10,822,509
9,869,763,662
l 1,021,38E,661
6,631,705,352
39,039,79s,786I 1,9t3,590,6072,004,801,193
32,288,9s9,sr824,7t6,406,620
136,339
r,698, l7 l, t70932,606,463
3,013,486,t45
959,176,35t
123,452,604
21,369,Et4
9,176,220,264
74,205,988
It,525,875
2,068,312
7l 1,389,821
320,729,603
13,570,'\4,907
3,060,699,760
4tt,1t3,459
6A5,757,2t2
48,2 ! 7,872,tE1
635,529,t29
31,176,3t 1,748
95,848,329
22,23t,509,90t
2,151,164,905
39,O20,985
E,666,908,085
10,697,4 10,0 l76,2E3,475,414
34,920,801,47 l11,352,421,4762,O39,690,740
37,570,5 10,565
23,953,745,19587,349,592
t,737,524,293932,606,462
2,807,33 1,s95
78 1,985,361
117,232,963
6.229,930,616
83,039,816
27,025,O82
2,45t,492
539, I 5 1,260
490,375,586
1,o32,632,649
3,2s\929,607
2 IO,tot,2l6
il1,454,520
51,4U,263,872
4t9,49s,4E1
33,612,296,575
89,945,583
26,291,0t7,503
|,5?6,573,57 |
&,822,609
9,W9,763,662
I 1,021,3E8,661
6,611,705,352
39,019,795,786I 1,9r3,590,6072,0(x,t01,193
32,218,959,5rr21,7U,406,620
136,339
1,59t,t71,t702,606,463
3,013,486,845
959,176,358
123,452,6U
23,369,81,1
9,176,220,264
74,205,988
It,525,E75
2,068,332
7l 1,389,t2 |
320,729,603
13,570,714,907
3,060,699,760
41E,183,459
645,157,212
48,2 17,t72,88 t
635,529,t29
3l,176,311,148
95,84E,329
22,238,509,90t
2,1 51,16.r,905
39,020,98s
8,666,908,08s
10,697,410,017
6,283,475,4t4
34,920,801,47 r
11,352,E23,476
2,039,690,74037,570,5 10,565
23,951,745,19587,349,592
I,737,528,293932,606,462
2,t07,33 1,595
781,985,36 I
111,232,963
6,229,930,616
83,039,t16
21,O25,O82
2,t5t,892
539,15 1,260
490,37s,586
1t,032,632,649
20,E86,714
17.183.604
1t,s21,449
t,624,496
9,628,212
20,886,714
17,183,604
18,s21,449
1,624,496
9,628,212
t5,o28,421,396
I 1,257,148,05r
4,E85,617,061
21,065,055,91,1
1o,659,36t,662
5,307,t 7t,t2t
15,02E,421,396
1t,257,148,05 I
4,8a5,617,06 I
2 1,065,055,914
10,659,368,662
5,307, l7t,t2E
31,171,1t6,50E 37,031,603,404 3l'r7r,rE6'5ot 37'031'5{13'4(H
2,467,270,240
I 18,014,982
2,297,58s,974
7.04 Bills Purchascd and Di*ounltd (ucludhg truury bils)Payable inside Bmgladcsh
Psyable outside Bmglsdesh
7.04.01 Bill Dissuntcd end Purchscd
In Banghdeh
Paymmt ag8inst Dffimts (PAD)
Inlmd Bills Puchased
Forcign Bills hrchased/Negotiatcd (Clro)
Foreign Bills Puchased/Negotiaed (Dcmms)
OuEidc BrDghdcah
Bill Puchrcd Negotiat€d (Dcmemts)
7.04.02 Mrturity greuPing billr
Bilt! purcb$cd rnd di*omrcdNot morc tha I Month
Mm thm I molth but not morc6m 3 Months
Morc thfl 3 monots but not morc thu 5 Months
Morc thm 6 Months
11.04t,041,0E5 ll,/,/,9,77u,$7 ll,(Nt,04l,llt5 14,419,770,587
10,t60,210,761 14,2A5J37,274
t67,t30,J24 16,1,633J13
1o,tmJr0.76t
t67,830324
14,285,137,274
164,633J13
7.05 Nct PcrfomiDg lous and edvencs / hvBtmcntt
Grcss lom md advm6 / invesiments
Non-perfoming lous ad advmcc / investmats
7.06 krro ud edvrnca / Iny6tDGnE on thc bsb of 3ignilimnt cotrccntntiotr crcluding billr purchucd end discountcd
Advme to allied onms of dimtorAdmm to Chicf Exmtive ud othq Saior ExcttiveAdvmq to the Cutomm Group (Amoutiag morc than I 0 7o of ba*'s totat Cryital) 7 o7
OlhilCustomm
Advmeto Stalf
ll,Mt,o4t,0t5 14,449,77o,il7 r r,048,04r,085 14,449,77O,587
1t,048,04r,0E5 14,4/19,770,587 1t,04t 041,0t5 t4,u9,770,547
16,190,165 | 30,111,056
253,917,600,0001 24t,764,923,101
29,r96,43s,910 | lt,tZt,to',st+s1,46r,073,707 I 4t,1t7,76r,825
3ts,29E299JE2 323,r04,652,ss6
19,743,976,3t01 49,791,577,2t7
3,974,3s7,63t1 +,lte,tst,tzs
7.07 Nubcr of cliot3, with rnount of outlatrdirt ud chssitrcd loem to whom lorm ud advrncc srnctioncd morc thrn l0oz of aotsl crpiirl
Disclosures on Iarge loan i.e.loan sanctioned to any individual or enterprise or any organization ofa group amounting to l0olo or more ofthe Bank's total
capital and classified amount therein and measures taken for recovery ofsuch loan have been fumished as under.
No.of Climt
Tohl C4ital
l0% oflotal capital
Maurcs takcn for rccovcry of Clessilicd Iae n
Bank m a whole takc foltoving stePs to recovr its classified lm md advmes
a) Smding lettm md mind to customffi
b) Reovery ccll including toP mmagmilt lflel holds dircussion with the clims to movq the lom'
c) Maintaing special lwvery amgmmt rhrough lom fair,climt galhdng' rmvery cmPaign'etc'
d) kgal proccedings md quick satlmmt.
e) Providing incmtivB to employe for cash mvcry from clsified md wittmofflous'
m
7.07(e) During the yerr 2015, there ere targe emoutrt of outltrnding 8Dd clasilied lorns, to whom loans and advances sanctioned more than l07o of totai capital of
the bsnlc
Nots PrrticutrrnRcf.Notc
Aooui in TelqCoBoliditcd Brnk
20rs | 2014 2015 2014
9,345,6 10,957
t,702,430,12t
t2,413,021,264
2,036;149,323
9,345,6 10,957
t,702,430,12E
t2,4t3,021,264
2,036,749,323
7,005,701,025
2,339,909,932
97,707,753
t,436,t92,0s I
9,269,795,619
3,t43,225,625
452,23t,247
1,419,8t4,763
7,005,701,025
2,339,909,932
97,707,753
t,436,892,05 I
9,269,795,639
3,143,225,625
452,231,247
1,4 19,t84,763
6,722,065,295
933,960,441
t,538,998,1t9
I.t53,017, I 60
6,364,010,954
2,a60,568,226
4,927,O29,360
298,162,U7
6,122,M5,295
931p@,441
1,53t,998, I 89
I,t53,0 17,160
6,36,1,01 0,954
2,t60,568,226
4,927,029,360
298,162,O47
34t,749,032,97t(81,160,s39,872
338,153,9E7,582
(86,436,640,00O)
346,346,340.,867
(r l , l 60,539,t72)
337,554,433,143
(86,436,640,000:
267,srrJ93,r06 251,717,3475t2 26sJqsr8@p2! ?!!!!!?
Summary of Borrowcr m shom belffi :
UC + SMABL+UCUC+BL
UCuc+slv[{+ss+BL
UCUC+BL
UCUCUCUC
4.43
6.232.062.20l.38
16.E2
7.O9
1.92t 2.90
8.95
4.473. l82.10
2,723,AOO,OO0
16,579,700,000
4,705,100,000
3.72 t,400,000
7lo,100,000
14,842,800,000
20,902,300,0006,900,300,000
7,3t7,000,0004,614,300,000
56,3E7,000,000
23,766,600,00013,139,700,000
43,257,800,00030,016,000,000
1s,000,000,000
10,650,400,000
Gmeral Defme Puchase
Chemiol Ind. CorPomtion (BCIC)
, Agricultural DweloPmmt Coryoration (BADC)
L Power DeveloPmmt BordAtomic EnerS] Commission @ooppur Nuclear Powa Plant)
North-West Power Genration Company Ltd
sugu md Food Ind. CorPomtir
:,(\r.'.'
7.07(b) Dctails sbout ahc GrcuP / Sbglc Bomw'r Amouna in Trkr2015
Group Borrower
Berimco Grcup
BqimoLtd.
Baimo Synthctis Ltd.
Hrlt M.rk Group
Hall Ma* Fashion Ltd
Mu SpimingMillsLtdAnowam Spiming Mills Ltd.
Hall Mak Dcign Ws Limited
Hall Mrk Spniming MillsLtd.
wall Mfi Feshion Ltd
T & Bmthcn Gmup
T & Brcthers Knit ComPosit Ltd.
Dress Mc Fashiom Ltd.
Expq Take Ltd.
Thcrmx Gmup
Thms Chok FabrieLtdThm* Mcllage SPimint MiIs Ltd
Themq ItuitYunLtdThmuBlodedYmLtdThmT*tile MillsLtd
Indigo Spiming Ud
Thcnna Spiming Ltd. (lJnit-2)
RSRJII GrcupModmStel MillsLtd
Ratanpu Stel RcRolling Mills Ltd-
Benghdeh Chcmicel Industris CorPonton
BCICKhulna Nwsprint Mills Ltd
Sub Totd
Singlc Borrower
DirEctomte Gmsal Defme Purchre
Bilgledesh Agrioiltuat DdeloPmet CorP' (BADC)
Bmgladeeh Pow Develognmt Boild
Bangtadesh Atomic Energr Cormission @mppurNuclear Powa Plant)
North-West Pows Cmention ComPey Ltd
Bmgladesh Sugar & Food Ind. Corp @SFIC)
El@tricity Gmtrdion Company of Bmglade$ Ltd
Sub Totd
Gmtrd Tolrl (A+B)
14,067,200,000 14,067.200,000 rlrTh11ilff.:762,000,000 13,600,000 775,600,000 uc
r4,t29200,fir0 13,600,000 r4'H2lt0o'o0o
3,431,800,000 4,321,600,000
5,256,000,000
4,743,700,000723,700,000
721,200,000 1,000,000
1,700,300,000
7,753,4oo,ooo "hTAl,t[" "t5,2s6,000,000 BLw4,743,700,000 BLW723,?00,000 BL
z25,2oo,ooo "t Ht1'o:," ""1,7(x),300,000 BLw
r6579,700,fi10 4J22,600,000 20r2o2J0o'000
2,128,200,000 1,664,200,000 3,7e2,4oo,ooo *
\?i6:1i: "'1,351,300,000 - r,35r,3oo,ooo *tl3;1iL"*l,756,600,000 - 1,756,600,0m BL
5336,100,firo r.664100,000 6,900)300,000
1,957,600,000
1,5 1t,700,000
l,159,100,000
179,000,000
248,500,000
8t7,900,000
1,294,000,000
28,700,000
63,000,000
50,500,000
1,986,300,000
1,5 18,700,000
t,222,100,000
179,000,0(x)
248,500,000
93E,400,000
1,294,000,000
UC
UCUC
UC
UC
UC
UC
7.244,t00,000 142,200,000 13!z'099'000
3,062,900,000
1,55 1,400,000
3,062,900,000 sMASS Tl. 4.89cr, BL Tk.
1,551,400,000 20.96cr&UCTk.89.Z9ct
4,614300,000
- 56,3t7,000,000 56'3E7,000,000
10,336,500,000 2,803,200,000 13,139,700'000
- 43,257,E00,000 43'257,t00'000
- 30,016,000,000 30'016'000'000
- l5,ooo,ooo,o00 15'000'000'000
10,650,400,000 - 10,650,400,000 uc
- 4,51'1100,000
15,940,300,000 7,116,200,000 23,056'500,000 ucTlo.loo.ooo - 710,100,000 BLW
16,6s0,400,000 7,116100'000 2:r'766'6fl1'ill0
6s,154,500,000 l3l5t't00'000 78
UC
UC
UC
UC
UC
c.
- ? 053 400-ooo 7'053'400'000 uc
zopao,soo,ooo 1s4517,400,00o l7s'504'300'000
t6.141.400,000 167,776J00,000 253'917'600'000
57
7.0t Gcognphical Arca-wisc Inrns end
In BangladahUrbmRualSub Total
Outidc BrogladahOvsseas
Tolsl
Had ollicc ir includcd in Urbu7.08.01 Ir Bcnghdcb (GM'r officc & DLtrictwis)
Amount itr Tskr % of Totel Inm2015 20t4 20ls | 2014
295,974,516,255s0.050.604.3 l5
265,069,270,107 I 85.46
?2 193.089-147 I H.aS78.52621.387
346,02s,120,570 317,262,359254
AdvrncB
Ii"rIB-."h*l643
563
r206
7.0t.01
321,220,297 292,073,t89
99.907
0.093
99.9tt
0.0E7)lros 346346340167 33755.1,433,143 r00 100
Brrisel GM's OffccBrisdPaluakhdi
Bhola
Pirojpu
Sub Total
Chittrgong GM's Offrcc
Chittagong North
Chinagmg South
Rmgmati
Bmdrbon
Cox's BazPatiya
Sub TotrlComillrr GM's Officc
BnhmbuiaChadpu
Comilla
Fmi
Noakhali
LmipwSub TotrlDbrks GM'r OIficc
Dhaka Corp.
GzipuMushigmjNmymgmjNmingdi
MmfumjSub Totrl
Frridpur GM's Oflicc
Chuadmga
FridpuKushtia
Maduipw
Gopalgonj
Rajbui
Sub Tolal
Khulnr GM's Officc
JNore
Jhmaidah
Khulna
Satkhin
Bagcrtat
NrailSub Total
Mlmm:ingh GM'r Ofiicc
JmalpuKishorcgonj
MYmmingh
Tagail
Nelrokona
Shapur
Sub Totrl
Rajshehi GM's Officc
36
Itl0
l0
3, lE2, t00,000
2,533,000,000
701,200,000
881,700,000
2,964,159,2s4
2,357,700,000
65 l,100,000
764,500,000
0.919
0.731
0.202
0.255
0.t78
0.698
0.193
0.226
7,29&UtO,000 6,717As9,254
27
27
23
1
t0
t3
13,4 I 8,200,000
1,343,900,000
1,479,500,000
474,000,000
1,984,600,000't'19,97,985
t3,739,700,000
1,278,300,000
1,304,000,000
4 12,000,000
1,t95,400,000
750,900,000
1.874
0.38t
0.421
0.t37
0.513
0.225
4.O70
0.379
0.386
0.122
0.562
o.222
19,.180,197,9t5 r9JmJ00,000 s.621 s.741
24
20
35
t7
2E
t2
t,452,000,000
1,450,500,000
3,726,900,000
1,297,600,000
2,71 1,600,000
1,757,200,000
1,244,600,000
1,422,400,O00
3,436,E00,000
t,220,400,000
2,578,200,000
1,63 r,900,000
0.419
0.419
t.o't60.375
0.783
0.507
0.369
0.42t1.018
0.362
o.761
0.483
r36 12J95,E00,000 1r,s34Jo0,oo0
125
22
l7
l9
20
ll
t'l6,807,020,5't0
2,176,700,000
t,385,500,000
10,588,500,000
1,937,800,000
1,018,200,000
188,563,t00,000
2,044,600,000
1,35 1,000,000
2,654,200,000
1,712,000,000
E98,200,000
5t.049
0.628
0.400
3.057
0.559
0.294
55.862
0.606
0.400
0.786
0.507
o.266
214 193,9!3,?20,570 197,223,t0O,000 55.9tt
0.600
1.294
0.910
0.405
0.170
0.249
0.520
1.206
0.t15
0.405
0.156
0.235
l9
23
a1
17
t2
t2
35
23
23
11
l4
lzl
2,078,400,000 1,756,800,000
4,480,900,000 4,070,100,000
3,150,800,000 2,749,400,000
t,402,200,000 1,368,600,000
589,200,000
863,000,000
525,100,000
792,600,000
105 12,564,500,000 11,252,600,000 3.337
3,ll?,200,000 3,079,600,000
4,044,400,000 3,s64,200,000
22,s11,100,000 20,299,300,000
1,351,100,000 1,263,300,000
1,01t,t00,000 905,200,000
910,400,000
0.900
l. l6t6.500
0.390
o.294
0.286
0.912
L056
6.014
o.374
0.268
0.210989,600,000
$,o,,zoo,ooo 10,0rr,000,000 9.s3? E.
Bogra
Naogaon
Pabna
Rajshahi
Sirajgmj
Chapai Nawabganj
l9
l7
25
30
l3
9
l13
32
l9
l8
23
?l
8
4,967,000,000 4,629,800,000
1,611,900,000 1,534,t00,000
3,661,300,000 3,214,500,000
2,99r,s00,000 2,647,100,000
2,662,400,000 2,491,200,000
4,026,900,000 3,831,700,000
1,543,600,000 1,629,800,000
1,797,200,000 1,631,900,000
4,836,200,000 4,240,200'000
t,597,200,000 1,481,900,000
1,106,500,000 888,900'000
1.434 1.372
0.465
1.057
0.455
o.952
I,875,IOO,OOO l,t23,5oo,oo0 ()'5410.5407;zo,zoo,o
0.t66 0.784
0.769 0.738
1.163 1.135
0.446 0.4E3
0.519 0.4t3
t.2s6
0.439
58
1.396
263
7.0t.02
74
ln
t.4t7
I
AEouDa in Trkr 7o ofTotrl Loan
2015 | 201,r 2015 20t4
Joypuhat
Natore
Sub Tolal
Rengpur GM's Ofiicc
Dinajpu
Caibmdha
KuigrmRugpuThakurgaon
NilphmriSub Totsl
Sylhct GM'r OIfccMoulvibazar
Sylha
Habigmj
SmgmjSub Totsl
Total
tl3
142
12
l6l5
l92t
l0113
22
32
l3
l2
79
2,120,500,000
3,536,500,000
1,926,000,000
2,872,600,000
0.612
1.021
0.571
0.85t
20,564,602,015 rt,503,002,0r4 2,020.93t 2,019.4E1
5,089,000,000
4,108,t00,000
2,149, r00,000
5,000,600,000
5,896,300,000
2,276,900,000
4,500,600,000
3,666,600,000
1,906,400,000
4,479,000,000
5,619,600,000
1,959,300,000
1.469
1.1 86
0.621
t.444
t.702
o.657
1.333
1.086
0.565
1.327
t.66s
0.5to
24520,000,mo 22,131,500,000 7.0t0 6.556
1,2r7,600,000
1,320,200,000
884,500,000
1,057,600,000
1,098,300,000
1,192,800,000
808,900,000
1,026,s00,000
0.3s2
0.381
o.255
0.305
0.325
0.353
0.240
0.304
Hed olticc ir indudcd in Numbcr of Bnnche rld Totrl Inau & Advmca
4,479,900,U'0 4.126,500,000 1.293 1.222
3,16,025,120,570 117262,16126t 7,lI4.m1 2,il3.913
321,220,2n 292,O73,tE9 0.@J 0.t!87
346346340,W7 3375s4'.13s'157 2,Lt5 2,1t4
AmoNl in T.kr 7o of Tohl Ifltr201s | 2014 20t5 2014
1205
7,08.02 OutsidcBrngladeh
Kolkata & Siliguri
Totrl LorN & Advrncg
7,08.03 Divisionel Ollicc wirc
lo BanghdchDhaka-lDhaka-2
BuislChittagong
ComillaFuidpuKhulnaMymensing
Rajshahi
RmgpuSylha
OuBidc Bengladch
Kolkata& Siligui
Totd
B.
C.
l20t
lilrB*.-r*|l169t74
107
136
105
123
l13112
ll379
1206
42.t5t 3.83
7,29t,000,000 6,737,459,254 2.ll 2.00
5.74
3.42
3.34
8.t94.84
5.48
7.0E 6.56
145,996,821,2t6 154,303,723,84147,916,899,354 42,920,076,159
19,480,197,9E5 19,380,300,000 5.62
12,395,800,000 I t,534,300,000 3.5t12,564,500,000 I 1,262,600,000 1.63
33,032,200,000 30,022,000,00017,176,200,0@ 16,340,900,000
20,564,602,015 1E,503,002,014
24,520,000,000 22,131,500,000
32t,220,297 292,O73,E89
45.71
t2.72
9.51
5. l35.94
4,479,900,000 4,126,500,000 1.29 1.22
346,02s,120,570 317,2623ilA6t 99.91 99.9r
0.09 0.092
120t 346J46J40,E67 337,ss4,43s,1s7 100 100
_a 7.O9
A.
Dctrils of Prcvision rcquircd md hcld for loau rnd rdvmca:
Rcquircd Prcvision for loln: lnd edvrncc:
Fu Clasified LomFor t oan against which wit has bm filed
ForUnclassified han
Prcvision Madc for lorns atrd rdYrDcB:
For Clacsified Lom including witForUnclsified lam
Pmvision SurplLr(D.fi citXA-B)For Clsified kan including EitFor Unclasified loan
@tI rols I zoll I
36,227,800,000 51,12s,080,0003,424,600,000 1,267,500,000
7.10B7.1(rc7.104
13.01
t3.01
3.257.500.000 3.049,320,000
42.909.9rn.000 55,44t,9O0,0m
39,652,400,000
3.257.500.000
52,392,5E0,000
3,066,949,1 t0
7.09.01 Clrssilicetion of rdvanca ar pcr Bengtadcsb Bonk cinuller
Unclassiticd
Stmdard including stalf loan
Spccial Mention Asout (SMA)
ClrsifidSubstandrdDoubtfitlBad/hs
42,909.9(x1,000 55,4s9,529,il0
t7,622,10t7.629,1t0
'/. ofTotd Lorns AEout in Trkr
2015 2014 2015 2014
6t.t4o/o5.99o/o
72.05o/o
2.260/o
238,412,220,57020.763-200.000
243,200,5t0,0m7 625.140-0m
7.10 Psrticulrn of rcquircd provision for loru lod ldrocs / itrvBtncots
StrtusGcncml prcvirion
Standsrd & SMA
i)HF&LPii) cF (otha thm HF & LP)
iii)Agri&Mimiv) Small Me.dim Enterpds Finmcing
vi) Othm
Sub Totel
Spsific pmYision Saslu3
Sub.!trndrrdi) Short tm Miqo Geditii)orhmDoubtfuli) Shorr tm Micro Credit
ii)OthrsBsd / Los
For Loeu rgainst which writ hs bccn ftlcd
Total Rcquircd Provision for LrN & Advucx (A+B+C)
1 ,ll Indutry-Wisc SegEGtrt of lratr rnd .dvanc6
Govt.of BD Food (Sslt +Rie)Bart6 A@utsSugu millFood hoqanmtMohinagmj Govt.food mllct billRunl Crcdit & Agri. Loatr
TmdingForcign Exchmge (LTR./LIM/PAD/TBPN, etc)
Gaments (Foe Loaq PCC, ctc)
TsxtileFi$ProreingCold Storage
How Building(Gmral)JutcCmatTuueryBricks & TilsEnginesineCotrage IndusEies
Food StalfPhma (ChmicaVPlastic)
Iron & St@l
Tobacco & BevraS,e
PaPs PrcductJPrinting Prckaging
Glm & Ceramic
Ahminim& OthsMetals
Othm (OD/Bikalpa8ridge Fimciry/IT, BPC/BSEC/
BJMC/BCIC/BTMC/FDOBSCIC, Overses Bmch6 ctc )
TOTAL
7.12 Setorwi*Locnud Advrnccs
Govemmmt
Otlrr Public (Smi Govt.Autorcmous)
Privste
Ovcncas Bmncbcs
TOTAL
Bre for prcvisionRstc (7o) Requircd Pruision
201< 201s I 20t4
456,400,000
12,178,E00,000
33,673,100,000
28,303,400,000
172,686,600,000
2.@o/o
5.O0o/o
2.50o/o
O.25o/o
l.O0o/o
9,12t,000
608,920,000
t41,E27,500
70,7s8,500
1.726-866-000
2r,710,(n0
445,34qmo507,53o,(mo
42,690,OOO
2,032,050,OO0
3rs7,s00,fit0 3,049J2o,otxt
Brrc for pmvisioa,ot< Rrtc (7.) Rcquircd Pmvision
,or<Rcquird Prcvirfuo
znt1
1,357,7tO,C24
2,'n9,55t,055
906,637,903
1,401,734,730
34,t69,t26,483
5.000/6
20.0004
5.00o/o
50.00o/"
100.007o
67,874,M6543,9r 0,2 r r
45,32t,895700,867,365
34,t69,826,4t3
89,960,q)O479,230,@O
59,620,0002,7t9,9'tO,fiO
47,776,310,(rc0
34t,444,Or2,s7t B9J6JB,sn 36#)&w 3v
Amout in TatrConsolidctcd Batrk
20t5 2014 2015 2011
1,405,5 19,000
932,600,000
22,000,000800,000
34,097,515,00043,99s,347,000I 1,365,467,000
34,639,843,000
32,598,100,000
4,330,771,0002,327,600,000
40t,208,0006,953,392,000
121,470,000707,740,w693,473,000
929,170,00045 r,3 1E,000
4,992,465,000750,108,000
6,097,865,0001,961,000
3,965, I 71,000
2,086,2il,000163,281,000
t54,406,567,97t
1,405,475,000
932.600.000206,to0,ooo349,,100,000
2,894,275,O00
32,211,256,O00
38,4?t,t43,00014,433,769,000
30,454,0t0,00036,2t5,200,000
5,038,905,0002,1 19,89t,000
400,475,0006,450,5 17,000
47,555,000
970,145,00065 1,016,000190,29t,000585,044,000
5,917,67 1,000
1,395,0 I 5,000
5,944,14t,000178,237,000
3,939,502,0002,775,766,000
167,340,000
t45,412,950,592
1,40s,5 19,000
932,600,OOO
22,000,000t00,000
34,097,5 15,00043,995,347,000I 1,365,467,000
34,639,E43,000
32,598,100,0004,330,77 1,000
2,327,6@,000408,20E,000
6,953,392,000l2 I,470,000707,740,OOO
693,473,000929,170,000451,31r,000
4,992,165,000750,108,000
6,097,t65,000l,%1,000
3,965, I 7 1,000
2,0t6,28 r,000163,281,000
152.30t,t75,t67
t,405,475,0OO
932,600,000206,800,000349,400,q)O
2,894,2?5,NO32,21 1,256,00038,478,E43,00014,433,769,00030,454,010,ooo36,215,200,000
5,03t,905,0OO
2,1 19,t98,q)o400,475,O00
6,450,5 17,00047,555,0OO
970,145,00065 t,0l6,000l90,29l,ooo5t5,044,q)O
5,917,671,fl)Ot,395,015,0005,944,t4t,fl)O
178,237,0OO
3,939,502,0002,775,766,OO0
167,340,(rcO
143,201,280,141
7. l0a
36,227,t00,000 51,12s,olro,oul
3,424,600,0,00 rr6750opoo
42,909,900,m0 55,441,91o,OtX)
7.10e In resporu;e to Bank appeal, Bangladesh Bank allowed the Bank through vide letter noBRPD (BFIS)661/l4B(P)n0rc-1221dated 17 February 2016 tomeetthe30%ofadditionalrequiredprovisionagainstCLin 2015andrest70%innext twoyearsi.e. t5%in2016 andbalancet5%in20l?.Accordingly, Bank has ca.lculated the required provision for CL adjusting forbearance and kept the required provision in full.
7.t0b lnresponsetoBankrequest, BangladeshBankallowedtheBankthroughvideletter no-BRPD(P-ly66l/132015-l833dated09March20l5tomaintainprovision against Writ Lnan -20% in}Ol4,40% in 2015 and rcsl 40yo in 2016 as affixed in 2014. Accordingly, Bank had kept the required provision
against Writ in 2014. On Bank's appeal, BB reconsider the earlier decision and through vide letter no-BRPD (BFISF66I/I4B(PY20I6-1221 dated 17
February2016allowedtheBank tomaintaintherestofthearnountofprovisionagainstWritloan(80%)of20l4cquallyin3consecutiveyearsi.e.26.6TYoinerchyanof20l5,2016and20lTrespectively.Alongwiththat,tkoughvideletter no.DBI-2(OU:B:-l/3(p/2016-1751 dated?T April 2016,
BBpermittedtheBanktokeep 20%l r,2015,40%oin20l6andrest40%in20lTofadditionalamountofprovisionagainstWritthathasbeencalculatedin 2015 over 2014. Bank has kept the rcquired provision against Writ accordingly.
7.12.0t
7.12.02
7.t2.03
7.12.04
1,2s7,312,t431 Z,W,ZtS,OOO
52,410,600,000 I 61,203,200,000
28s,357,206,8571 ZZ:,tOl,soo,ooo
Not6 PerticuhnAmount in Trkr
20rs | 2014
7.12,01 GovcmEcnt
Unclassificd
StildudSMA
Sub tolsl
ClsiticdSub standrd
Doub6il
Bad/Los
Sub totrl
Totsl
7.12.02 Othcr Public
Unclaslfrcd
Standud
SMA
Sub totd
ClsrilicdSub stmdnd
Doubtfrrl
Bad/Ins
Sub lotsl
Totrl7.12.03 Priwtc
Unclsi6cdStmdrd
SMA
Sub totrl
Clesificd
Sub standrd
Doubdrl
Baillpss
Sub totel
22,800,000 1,488,t00,000
22,t0o,000 l,4Et 0o,ooo
4,234,512,143 1,405,475,000
1,234,512,t43 1,405,475,000
42573r2,r4! 2,t94J75,m0
52,006,700,000 60,922,t00,000
52,fi!6,700,000 60,922,t00,000
100,000,000
303.900.000
93,700,000
I87,4@,000
403poo,flro 2tr,rlx),000
52,410,600,000 6t,203300,000
I t6,0 t7,920,570
2 l,128,000,000
180,789,700,000
I t,707,t00,000
2O7,145,920,570 192,496,tO0,000
4,56 I,100,000
4,14?,300,000
73,502,886,287
4,522,400,O00
10,239,700,000
65,906,000,000
Totd
7.12.04 0vcnccBrancheTotrl Lom snd AdYrncs
7.13 Moycmcnt of Clssilicd larns end Advancc s r Wholc
Opming Classified Loans md Advmces
Lss:CashRmvery
Wriftm{fflntsest wivqRe-Schcdule md ResEucturing
Add: Nwly Clssified Loms md Advmm
Prrticulan of laen rnd Advrtrccs/Irvdtmcnls
Loms omidecd gmd in resPect of whictr the bmking mmpmy is fully ssued'
Loms comidaed good against whic.6 the banking corrpmy bolds no security othq thm the debtors'
pmnal gurante.
Loans mnsiderod Sood seu€d by lhe pa, nal mdatakings of one or more partis in addition to the
pssnal gllamie of the dcbtor
Loms advdy clusified; provision not mainained thae against
Lous due by Diredors or Offiss of the buking ompany or any of these eitLa *pmt€ly or jointly
with any other persons.
Loms due from Companics u Firms in which the directos of the Banking Compmy have intercsts
as Directo(s), Parhu(s) or Mmaging agmt(s) or incaso of Private ompanis c membs(s)'
M-uimm total amomt of advanes, including tmpor
advmces made at my time duing 6e ya to di
mmagm or ofEm of dre bank or mY of thr
t22tr2t6287 t0,66t loo,ooo
2t9)57206,t57 273,164p00,m0
,2t22t,M1 292,0s8,1/l:}
346346310$67 337511'433'1,(l
t6,436,62A,737 103,76t,723,639
6,363,900,000 | 7,384,700,000
549,300,000 | ZZ,SZS,8OO,OOO
1,062,29s,000 | 2,223,7W,O00
16,889,E76,000 | 7
24,t6sJ71,(x)0 44,4t6,lxl0,m0
25?78,142A6t 27,153,9Ui,09E
t6,M9,700,000 t6,436,62t,711
234,t2r,443,776 | 1t7,701,641,621
18,302,654,029 | tl,ezr,lrt,azz
t4,2ss,so6,7@ | Sl,Sg,ttzla+
266,72r,604,505 255,O79,7t6.257
7.14
i)
ii)
iii)
iv)
v)
vi)
51,484,263,872 4t,217,E72,8t1
,,,ara,rrffirr,ra,vii)
woally or jointly witi my odrcr Pdsons'
6l
viii) Muimm lotal momt of advmceg including tmporoy
advmm grmted duing thc ya to the compmia q 6min which my of the dimtos of the bsrk re intmstcd 6panners or maging agmt or, in w of PriYatc
ompmiasmmbm.L) Due from otha baking mmpmicr) Amout of clrcified loms on which intq6t hs not bs cheged
a) Inoeaset(Dm) in Provision
Amout of Im wittm olf from Provisim
Amout realizrd against Lom pHio$ly Mittm o{I
b) Amount of prcvision kept against lom clsificdc) Intqdt treditable to the Intscs susP6* dc
ri) WrinmoffLoms s pa Bmgladcsh Bmt BRPD Circulu no 42 dated 13, Jmuary 2003.
Cmulative momt of witto off lom
Amout realizd duing the yaAmount of wittm offLom duing the curmt ysAnort of wina off loms for which sil hs ben 6led
xii) Wrinemfflrs il po Barglsdmh Bmk BRPD Circula no 42 dated 13, Jmuary 2003.
Opening mout ofwittm offlomlss Amomt reclized dwing the yruAdd Amomt of wittm offLou durhg the cllmtydClosing Amomt of wittm offlom
Vriou scps have bm taken to reslis thc witta off lm md prcpa mrds re being maintained
72,090,927,7681 tl,t+t,ttt,llt1,399,559,000 | 9s6,063,000
349,0?1,E54 | Zz,Slz,SOO,OOo
65,827,273,4221 tt,t+t,tV,St+
73,t4t,4r4,9t4 | tO,SO,en,SU1,399,559,000 | 956,063,000
349,071,154 | 2?,547,500,000
72,090,927,768 | 73,t41,4t4,914
35,?13,555,119 35,09a,10t991 35,526,tS,61 3
35,?24,9s0,011 3s,r02J6551s 35'63tr3t's2s 3s'012"147'890
z,osissz,ssq zJll,oss,ass z'ezo'trz'tzq zrlr'trss6r
13.01
13.01
13.01
13.02
AmouDt iE Trkr2ots I zorl
(12,740,rE0,000)l (17,661,920,
20,9r7,s08,170 1 re,il t,ral,lsz140,0t5,942 | 161,843,906
39,6s2,400,000 I 52,932,580,000
20,309,1?0,455 | tZ,8SO,tOr,AZt
t.00 Fircd A$ct includitrg Prcmis' Fumitun & Firlurc
(A) Cost
In Bmgladesh:
Prmises
Building
FmiturcEleric Installation
Computs Softwarc
Computq Hildwue
TypcWritq Mrchine
Motor Cr & Othq Vchicle
LibmrY
SuFTotal(In Bangledab)
Overs Bmches:
Kolkata Bmch
Siliguri Bmch
Sub.Total (Ovm Brmchc)
Total Cost Vtlue
(B) AccuEulrtcd Dcprcciation
In Bmgladch:
PmisesBuilding
Fumiture
Eleric Installation
Computa Softwue
Computa Hardwrc
Typ€ Writn Machine
Motor Cs & Other Vehicle
Library
SuFTotrl(In Brnglrddh)
Ovcrses Brmchc:
Kolkata Bmch
Siliguri Branch
SuFTotrl (Ovcnru Bnncbcs)
Toal Aomulatcd DePrcciation
rilritten dom valuc'(A-B)
@etails drom in AmercB & C )
Auout in Teke
CoMlidrtcd Brnk
20r5 2014 20t5 2014
30,9't,306,921
E91,3 I 2,949
t99,509,621
a26,t2t,416
82,357,565
I,592,6 16,491
5,860,602
4t2,590,875
5,t?8,679
30,996,930,198
671,757,226
822,627,930
77t,673,5t6
1,451,7il,190
5,883,505
36 1,484,890
1,986,236
30,997J06,921
E9 t,3 12,949
886,39s,206
764,761,8t4
79,539,965
l,s88,r 96,620
5,t60,602
407,5q),875
5,87t,619
30,996,930,r98
671,757,226
t09,181,612
714,43t,679
1,444,527,3t9
5,8t3,505
356,4t4,t90
4,986,236
10,944,390
4s0,502
7,662,373
595,1 5 I
10,944,192
450,502
7,662,3't3
595,151
11394,t92 tJ,57524 rt)94,991 tAs7,s24
274,534,517
46t,93t,602
6l 3,035,065
9,842,095
l, I 17,7 16,77t
5,32 1,34t
2r2,7t3,9r3
2,457,251
244,459,797
391,065,457
526,360,t76
97 1,383,E81
5,109,648
t74,276,194
t,433,332
274,534,517
4s0,88 r,5 r4
551,534,'t49
7,385,695
I,l 13,74t,123
5,321,347
20t,273,913
2,457,251
244,459,797
380,4 I 1,0 19
474,479,253
966,106,3 l85,109,64t
170,836, t94
1,433,312
1,976,26't
|3,434l,6l 5,020
rzE,939
t,976,267
1t3,432
1,6 I 5,020
t28,939
2,69,642,291 2,3t5,E12,445 2,622,226,828 2'244'879,520
JzO 32,7E6534,070 33'016'011
2,0E9,701 r,743,959 2,0t9,699 1,741,9s9
62
Notes PrrliculrERcf.Notc
Amout in TrkrConsolid e trcd Brnk
2ols | 2014 2015 I 2014
8.Ol Movcmcot of Fixcd uctsCost (Original[Rwalution
Addition duing $e Yw
Ls: DisposaVAdjushlmt duing the Yw
ls: Ammulared DePrciation
(Details shom in Anncre-B & C)
9.00
9.03
9.04
0iD
iii)
in)
35J57,t03,19t 35,217,91EJr0 35't67'4tt'sr'.l 1s,127,999,6U
232,A$,186 1rs,551,195 229'249,9t9 115,55l'796
35,7249s0.0I2 35,102,366i5r4 35,63t23E s25 3s'012,447'ttt
2,699,642,291 2,315,t32,441 2,622,226,82t 2,244,a79,519
33.02s307,7r9 32,7E6534,07O 33,016,011,697 32,767,s6tJ69
Taka 2,970,000 and Taka 539,890 paid to the Govemment ttuough treasury challan for purchasing 0.33 and 0.275 acres of land for construction of bank
premis;s (Court Building, Tangail and Rajshahi) as advance. The said plots of land will be registered after obtaining permission form the Ministry of
Land, Govemment ofthe People's Republic ofBangladesh.
Oahcr Asct
Inconc gcncnting othcr aBtgInvcsunent fu Shil6 of Subsiiliary Compmia
Advme Rent, Advertimmt etc
Interct Comission md Exchmge Reivable
PEpaid ExpsE€s
Non Income gcncmtiDg ottcr rsasStatiorcry, Sumps ild Printing Matqials in hmd
Bmch Adjushnmt
s@uity D€posits
Advane Covq Fuds
Advile deposit
Supmrc A,/C
Othqs
hyatmcna in ShrG of Subsidiary Compuit:
In Bangledch
Investnat ir Sonali Inv6Enwt Ltd.
Outsid. Bmglcd6h
hvBtmmtinSECILong tem lom at Prsyailing rate oflntuest
Shtioncry, Stamps md Printing Matcrills in had
Stamps on hmd
Stationery on hmd
Advancc Rcnt and Advertiscmctrt Gtc.
Advane Rmt
Intcrot, Commirsion & Exchangc rcceivrblc
Interest receivable
Commision receivable
Exchmge reccivable
Othmreivable
196,405,966
14,ot2,365,750
159,4E0,044
228,582,08t
10,270,492,tt0
623,1E6,904
2,181,027,284
196,405,966
t3,932,301,433
159,4t0,044
2,187,557,282
228,582,0tt
10,257,645,441
623,1t6,904
l436t2sl,760 tt,122.261,t72 16,469,2t4,727 lt?96,911,715
209,1 10,586
28,979,124,761
4,a79,639
10,372,04t
200,000
582,826,330
E9,017,190,920
222,502,793
36,998,069,353
5,018,656
7 t7,125
1,620,332,130
87,002,069,584
209,1 t0,586
28,979,424,761
582,826,330
8t,978,703,991
222,502,793
36,998,069,353
t,620,$2,;3086,959,470,705
[r,r04,004rr4 t2s,s/,8,7o9t6/,r ll&7s0,6sr!q _!4fql]l'e!tl],rl72256,M4 136,970,971,s13 l35r19Jt0J94 139'097346'696
2,000,000,000
74,575,000
106,452,2t4
2.000,000,000
74,052,500
I 13,504,782
- - ,,rtI.J!z,,N ,Jn,ss7,2t2
zoi,lrosse 222,sozJ9r 209,110'st6 222,s02,793
l.9q4os,%4- ,18,582.088 I l%,a05,s6 | 22t,582,0t8
rs6,ao5,soo 22E5t2,0tt 196,405'966 22t'5t2'0tt
10,97t,473,215
2,946,931,720
6,E96,498
80,064,3 l7
7,630,407,6ll
2,59t,637,330
35,600,500
n,a41,439
10,978,473,2 I 5
2,946,931,720
6,E96,498
7,630,407,61 I
2,59t,637,330
35,600,500
- tsc,{so.oll 623,rt6,e04 E2'a!94{- 623'lt6'e04
9.01
9.03
9.U9.05
9.O2
9.06
9.07
9.0t
9.01
9.02
g.05Prcliminrry,FomrdonrndotlsdzrtionEIPGrtGtRcnontion/daclopmmtErPm3B,rndPrcpridErpcnse
Prcpeid Erpcnrcs (Innsfcrrcd from adiuting l/C)
R€nt
[:w charges
Postage and Telegrm
Sundries
9.06 Bmnch AdistEcntDcbit Belencc
Sonali Bak Gmsal Amunt Bdane
Main Offie AaoutBalance
Sonali Bank Gmeral Accomt (RMS+)
'"ffiutrt.FRMS)
&4r,''
35, I 00,t09,286
a56,993,912
34j92,503,13982s,4 I 5,17 I
35,010,5r I,tl5t56,976,699
34,302,E31,ttt
825,167,796
I 1,660,140
191,450,446
14,415,917
20t,086,t76
I 1,660,140
197,450,446
t4,415,917
208,0E6,876
2,2t9,462
I I,250
157,179,332
733,1 I I
206,3U
353,574
62 1,t93,E35
2,2A9,462
I 1,250
151,t79,132
733,t I I206,3t4
353,574
62 1,E93,835
2,904,954,527,OM
3 16,946,42 1,814
45,726,443,110
3,659,1E9,263,274
2,151,247,703,331
301,367,359,616
47,747,2M390
2,162,809,9A6,763
2,904,954,527,004
316,946,421,814
45,726,443,170
3,659,1t9,261,?)rt,
2,151,247,703,331
101,367,359,616
47,747,204,390
ffi$os.sso,zoslz_. 4,{@
63
Noa6 PrrticuhnRcf.Nolc
Amount in TrkrCoMlidttcd Bank
201420ls 20rs | 2014
LB3: Credil Brhncc
Sonali Ba* Gmqal Ac@ut Balil@
Main Office Ac@ut Balme
Sonali Bank General A@out (RMS+)
Sonali Bank Gmqal Ammt (IFRMS)
9.06.01 Prcvision agrinst Bnnch AdjusaEmt (uEonciLd Gtrtrig)
In response to Bank appeal, Bangladesh Bank allowed the Bank tkough vide letter
kcep provision against Branch Adjustsnent (Uffeconciled entries) amounting to Tk'
OthcE:Dmft Payable Ammt (Ex-Advie)
Oovt. Draft Payablc Ammt @x-Advie)
Protested Bills
Wage Esmas'Fud Puchascd Adjusrnent A/C.
Agri-lnm Othr Exemption A"/C-200'l
Adjusting A,/C Dr. Balme
Agri-Lom IntsEst ExmPtim A/C-2ffi4
hmme Til Deducted at SowBRDB UCCA CroP Lm Penal Int. ExmPtiotr
BRDB UCCA Crop lam ExmPtion
BRDB UCCA Crop Lms Int & Paal Int Ex@Ption-2007
SEttlmmt A,/C
Lom Exmption Urds Jute Sedors Refom Proj' 91-95'
Demmd Dnfu puchased
Cupon intt. Expeses A/C
Pension bills (Amy)
Pmsion bills(Civil)
PSP/BSP Encashnat
Agri Exemption A,/C afrected by River Ercsion
UCCA Lom Remisior for Rivs Erosion
NRT A,/C Dr. Balm@
If,tegible Assets- Valution Adjustmmt
D€fficd Tu aa*ts
From Fish Loan ExmPtion A,/C
Srcurity Marg,in
Amy Pmsion bill Puchrcd AJC New
Advm€ paymetrt oflncomc Tot
OrhmCumt asets of SECI
BranchRemruction A,/C
O6s Assts of India opmtion
Total
Opening bdmce of Intangible Asset- Vdution Adjushmt
6t97,&r?,230,501 4,626J74,1t4,749 6'E97,a37,21tO,501 4,626|174,tU,749
a,--e7e-124-761 36.99t.069J53 2E,979A24,761 36,99t,069p4t
no-BRPD (BFISF66!/I4B(P)12016-1221 dated 17 February 2016 to500 million. Accordingly Bank has kept that provision.
5r2.r26J30 1,620J32,130 iq2,&!J4 . r.620J32,130
t49,232,773
16,422,t39
300,922,452
6,213,577,830
967,O12
4,267,4?O
12,t34,38t,557
339,049,723
975,7t6,300
672,760,696
42,E96,008
5,094,543,083
764,346,277
7,346,310,234
r,428,949,30E
l,100,625,393
98,424,139
5,772,636
2,9$,9o1,545
19,72.0,762,118
2 1,330,88 1,255
l0 1,773,5 l0745,396
2,759,69t,377
3, I 66,323,8 l5
s0, l9s246, l6t,El4
9.01 Supcue Account'n*eaid f*pansD€d St@k
lnd md Pmi*sAdrue Recovmble
Sdary & Allowances
Traveling Expenscs
TaxcInsmeMisllmmu
9.0t
t,477,865220,t00155,000
39,6 14,919
5,965,029
zzo,iso535.t72.217
1,542,2583,600
120,247
1o9,872,t45626,600
6,505,22615,000
452,000t.499.t94.354
t,477,t65220,800t55,000
39,614,919
5,965,029
22o,;so515 172 237
3,54?,,254
3,600120,247
109,E72,845
626,[email protected],226
15,000
452,000l-499- 194.354
9.08.01
9.08.02
9.O8,Ol InaanSibtcAssct$Vrlualion.diwtmcn'
sonali Bank Limited has taken over the entire assets and liabilities of former sonali Bank tkough a vendors' agreement executed between the
Govemment of the people,; Republic of Bangladesh and the Sonali Bank Limited on 15 Novembcr 2007 with retrospective effect from I July 2007' A
decision anived unanimously in a meeting of representatives fiom the Ministry of Finance of the Govemment of the People's Republic of Bangladesh'
Bangladesh Bank, Bangladesh Securities & Exchange Commission (BSEC) and thle€ state-owned commercial banks that goodwill has been created'
Sonali Bank Limited has issued shares in the name of the Govemment of People's Republic of Bangladesh although there exists accumulated loss ofTK'
65,743,zo7,lsgus on 3o June 2007. It was also decided that as there exists no specific heads of accounts the amount goodwilt should be shown as
valuation adjustment under ,,other Asseb" and be gradually written off within the next lo years which was started from 2008'A sum of
TK.52,5g6,765,,155 has becn amortized up to 2015 uy iajusinj'Amortization of assests of Intangible assests'.The net balance of the account stands at
TK.13,146,441,403 as on 3l December 2015
4,221,455,741,@2
334,508,721,114
19,mt,548,419
2,32t,964,219,306
2,519,t't9,906,A40
346,t40,t44,E29
6t3,914,t79
1.698,839,5 l 8,90 t
4,221,455,741,002
334,508,72t,774
t9,908,548,419
2,32t, 4,219,306
2,579,879,906,t40
346,840,E44,829
6 13,914,179
I ,698,139,s l t,90 I
t24,26t,933
4,504,363
295,9t6,176
5,864,369,381
585,278,696
13,g20,2g4,;59
934,766,023
672,760,696
46,793,292
5,094,543,083
548,443,859
125,559,378
5,125,807,144
1,29s,0s8,3r5
3.1 1 1,754,1 57
98,760,600
4,048.276,001
13,146,44 1,403
243A3,a05,572
l0 1,773,5 l0
4.830,979,613
4,326,323,t15
50,195
292,r15,057
124,268,933
4,504,363
295,916,476
5,864,369,381
585,278,696
t3,920,294,359
s34,766,;23
672,760,696
46,793,292
5,094,543,083
548,443,859
125,559,3'.t8
5,125,807,144
t,295,058,3t5
3,1 11,754,157
98,760,600
4,04t,276,001
13,146,441,403
24,383,E05,572
101,773,5 l0
4,r30,979,613
4,364,193,184
6 r7,560
s0, l9s
t49,232,713
16,422,839
300,922,452
6,213,571,830
961,0t2
4,261,420
I 2, I 34,3E1,557
339,O49,723
975,716,300
672,760,696
42,896,008
5,094,543,0t3
764,346,277
7,346,310,234
1,42t,949,308
I,100,625,393
98,424,139
5,772,636
2,943,901,545
19,720,762,118
2 1,330,t8 1,255
101,773,5 l0
745,396
2,7s9,69t,377
3,20't,67E,066
1,244,628
50,195
246,16t,t l4
'chrge duing the Yea
NotB PerticulrnRcf.Nolc
AEouot in TrkConsolidtlcd Beok
20ls 20r4 20ls 2014
9.0&02 Defcrrcd Tu r&t3Opcning Balme
Addition duing theYuClosing Balme
9.08.02.01 Dcfcrrcd Trt (A$ctsV Liabilitie
Carrying rmouot ofFircd A!$bCsrrying amout at balme shet dale
Less lad Value Amout
Carrying vdue without mnsidring lmd value
b) Tubasc) TarebMDcductible) TmPorry Dilfcrcncc (a-b)
Employces Liabilitics
Carrying rmount rt bdsncc shEa daa'e
Prcvisim for pmsion firnd
Provision for PDCRB firnd
Provision for Employc benefit
Provision for Bonus & Exgratia
Employes Providot Fud (Gmtrd rcontsibution)
TotrlTubrcTurblc(Dcductiblc) Tcmponry Dillcrcna (r-b)
iii) htcrst on lcuritica
a) Intaestonscuitis(Acoued)
b) IntaeslonsEiti6(Cash)Tereblc{Dcductiblc) Tmponry Dilfcrcncc (s-b)
rO Bsc for Prcvision for Brd & Ls hrna) Carrying mout al belme shet date
b) Tubrcc) Trr8blc(Dcductiblc)TmpomryDilfcrcncc(e-b)
Y) Tot l tcnpomry dilfcrcncc
Yi) TcrRrtcvii) Dcfcrrcd Tu mrcts
Yiii) Prior ycf edjustmcDt
ir) Closing dcfcrrcd trr lscts
r) OpcningDcfcrrcdTar
Dcrcut{Incre*) of Dcfcred Tu (Ac6yLirbili'ic!
9.09 Prcvision rcquircd rgtist Othcr Asts -
Susperc Aeout& PSP/BSP Ensshmflt
Prot6tcd Bills
Bmch Adjustmmt (wmnciled mties)
Bmch ReonsEucrion Accomt
Agri Loan Exonption affwted by Rivu Bosion
BRDB UCCA Crcps lrm IntPmal Int. ExmPL A'/Cs
Jutc Sctor Refom Projet
Frcan Fish Im ExmPtion A/C
NRT AJC Dr. Balme
othas
Totd
Les: Provision mada (Note No. 9. l0)
Surplus
9.09r
243t3.Sr!s572 2rJ30,ttlr5s 24J8,ry!{Z 21r30,$ri2ss
2,2&rp34,09t 2,00E,5&t,703 2,2t3,934,09t 2,008,5E:t,703
2,407,524,549 2,258,142,136 2,407,524,549 2,258,442,t36
(r23,s90,4sr) (249,15r,433) (123,590,4s1) (249,Esr133)
(49,t6sr[,r70) (39,9s7,765,tr2) (49,16s1rt,r70) (39ps7,76s,t12)
26,983,781,129 22,122,117,455 26,9t3,781,129 22,1?,2,1t7,4s5
26,874,339,082 21,401,613,157 26,874,339,082 2t,403,613,r57
9.08.02.01
i)
c)
ii)
a)
b)
c)
to9,u2,o47
(8,194,293,600)
(E,1e4"2eJ,;oo)
(s7373,660,174'
42.50o/"
(24,383,805,s74)
(24,3&r,805,574)
(2 1,330,88 I,2s6)
42.5oo/o 42.50o/o
71t,511,1,29t
(10,70t,18t,t90)
(r0,701,1tt,t90)
(so,1mJoE,E37)
(2 1,330,881,256)
(2lJ30,8ups6)(20,9rr,309, I E6)
7rt,sll4r9t tut,442,u7
(10,70 r, l 88,t90) (8,194,293,600)
(10,701,r$,t90) (E,r94J93,600)
(s0,190J0r,t37) (s737t,6@,r74'
42.50o/o
(21,330,881,256) (24,3E3,805,574)
(21J30,8tr,256) (24,3t3,80s,s74)
(20,91r,309,1t5) (21,330,881,2s6)
9.09a
9.09b
9.09c
t!.os2.9243r7r (d.12.572.0701 (3,052,924J17) (4121572'070)
22,092,832
300,922,452
100,000,000
50,195
98,424,000
228,752,672
300,000,000
101,773,5 l0682,854,000
375,130,339
2,2t0,000,000 2,y17:114,E06 2rro,fix),m02,927,714,tO6
2,y27,7t4,806 2,2IO,O0O,O0O 2,92?,7!1,t06_______?,21
Pmvision egainst BmEch Adiusmcnt (unruoncilcd mtric)
In rcspoN to Bmk appal, BB allowed rhe Bmk rhrcugh vide lett6 no-BRPD (BFls>661/l4B(Py2ol6-1221 dat€d l7 February 2016 to kwp provision agains Bmch
aAj,r.r.*t (U*"n"i.a *nio; mouting to Tk 500 million' Amrdin8ly Bmk h6 kePt that provision'
BRDB UCCA CrePs ImN ItrLPBsl ItrL ErmPL A"/Cs
Untit rcimbursmat aom covt., Bmgladesh Bml advised rhrough letter videDos(BSs-l)1163i96/2olt82l, dated 17 *YY '9lT-i1"-0..t-oJl"i "iHi:,X'-:::j
2t,330,E8 1,255
3,052,v24,317
20,918,309,1E5
412,572,O70
2 1.330,tE 1,255
3,052,924,117
20,918,309,185
412,572,O70
33,006,706,502
30,722,772,404
32,761,054,804
30,7 52,47 t,l0l33,006,706,502
30,722,772,404
32,761,054,84
30,752,471,t01
(1,924,318,365)
(30,719,600,43 l)(35,634)
(1,5s9,035,944)
(t4,892,227,796)
(1,890,325,78 l)
(22,57E,594,5s4"
(35,634'
(r,6 l 3,4s 1,602'
(13,875,358,241',
(1,924,3 r 8,365)
(30,789,600,43 l)(35,634)
(1,5s9,035,9441
(t4,a92,227,196"
(1,190,325,78 l)(22,s78,s94,554)
(35,634)
( r,6r3,45 1,602)
(13,r75,358,24 l)(49.165Jr&t70) (39,9s7,765,tr2) (49,r6s,2r8,170) (39,9s7.76s'tl2)
22,092,832
300,922,452
100,000,000
50,195
98,424,000
228,752,6'12
300,000,000
101,773,5 l0
682,E54,000
r60,824,281
295,9t6,476
500,000,000
50,195
9t,424,000
457,505,344
600,000,000
101,773,5 l06il,12 1,000
32,100,000
160,824,2u
295,916,476
500,000,000
50,19s
9E,424,000
457,505,344
600,000,000
10 1,773,5 l0681,121,000
9.09b
65
9.09c Jutc Scctor Rcfom Prcjct
Tfuough letta no- DOS(BSS-I)I 163/96f20$1821, dated 17 Febnmy 2015, Bmgladcb Burk approved fie Bmk rcquest to provide Tk. 300 million provision pcr yw against
Jute Setor Refom PrcjEt (notc no.9.08J). Aordiagly Bant hs provided Tk. 300 million this ya.
Amount in TekrCoruolidrtcd Benk
2015 I 2014 2015 I 2014
9.10 Movcmcul of ttc Pnvirion rgrinrl Otbcr AretOpaingbalmekss: Written- offduhg the ya
Less: Trosfercd to P&L A/C
Add: Addition duing the yar2,927J14,tM 2,210,000,000 2,927,714,t06 2,2r0,000,000
2'210.m0,000
661,245
1,5{6,E97,690
227,8'rO,83s
22rO!()O,ooo
661,245
1"5.16,t97,690
227,870,835
2209,33t,7_ss 1J19,026,155 2,209"33E,755 1,319,026,t55
2,209J38,7ss
7 18,376,051
tJ19,026,155
890,973,145
220933E,755
7l 8,376,05 r
rJ19,026,E55
890,973,145
I l.0l.0l Seurity rgsiBt bonowingi from olicr buls, fituciel ialiitutions and sgcnE
Smrcd (egains bills)
UDsued
11.03 Meturity Grouping of Borwing Fmm Othcr Brnks, Financial Irsiituaions & Agcnts
9,f I Prcvision medc egritrt othcr rssct!
Other assds
Intmt rercrue against BRDB UCCA Crops Lru
10.00 Non Brnkhg A$rGB
11.00 Bonowfugs fmm ottcr brnls' finucirl iroritutim3 & tgcnb
In Bmgladcsh
Outside Bmgladesh
f 1.01 h BmglrddhBmgladedr Bmk Dmmd Lom:
Refinme agains RHFG Aom Bmgladesh Bmk
Refinmc€ against Jute Sctor &om Bmgladesh Bak
11.02 OulsidcBengledtrh
Ovsseas Bmches
Payable oa demmd
Repayableon within I month
Ovs I month but within 3 Months
Ovq 3 months but within I yaOver I year but within 5 yeas
Ovr 5 yw but within l0 ym
12.00 Dcposits md othcr rccount!
CIJImt Deposit & OthqAeounts
Bills Payable
Savings Dcposits
Fixed Deposits
Totrl DcposiE ed oahcr sccoub
Ircpoli8 md oltcr rccoun6
Inta buk deposits
Othtr deposits
Les: Inlcr Company beleocc eliminatcd
Totrl
2,927,714,806 2,2 10,000,000 2,927,714,806 2,2t0,000,000
2,927,7t4,t06 2Jr0,000,000 2p27,714,806 2Jro,(x)o,ooo
t25,502,895 8Et,709,418 E25,502,E95 t81,709,418
t25502,t95 tu,709,41t t2sso2,t9s ttl,709,4lr
t,627,895
t23,t75,000
2,909,41t
878,800,000
1,621,895
t23,t75,000
2,909,4 l8t78,t00,000
r2s,so2,r9s EEt,709,4lt E25,s02,89s 8E1,709,4rE
t2s,so2,r95 ttt,709,41t t25,502,t95 tEl,709,4rE
t25,502,E95 8tr,709,4rt E25i502,895 ttl,709,4lt
t6s,993,E05,239 777,974,7t2,6t6 t66,0122Et,779 77t,042,6E8J00
866,0t2,28t,779 778,042,6t8,30r 866,012,28t,779 77E.042,6rEJ01
t8,475,540 61,905,615
E65,993,t06,239 777,971,7t2,686 t65,0t22Et,779 778,042,688,301
I l.0lI 1.02
12.02.01(a+b)
12.02.02(a+b)
12.02.03(8+b)
12.02.04(a+b)
12.01(A+B)
12.01(A+B)
I2.0rA.
Dcposib rnd othcr sccounE
Psyeblc on Demsnd
Deposit from bmks
Ofirthmbmks
Othcr Dcposits
Deposit from bmks
Other thm banks
Lu: Intcr Compeny b.lancc ElioitrrtcdTotd
B.
825,502,t95 t8 t,709,4 l8 825,502,89s tt1,709,418
825,502,895 88t,709,4 l8 825,s02,895 tE 1,709,4 l8
176,2t2,409,741
9,011,26t,il5
2t7,560,377,059
461,209,7s7,624
162,461,473,t84
12,676,341,550
189,696,005,t00
413,r40,962,t52
176,230,885,281
9,01 l,26l,E I 5
217,560,377,059
463,209,757,624
t62,s29,378,79
12,676,341,549
189,696,005,800
4t3,t40,962,152
2t,024,235,370
837,98t.046,409
26,447,212,706
751,595,475,595
28,O24,235,370
837,9t8,046,409
26,447,212,7M
75 1,595,475,595
20,666,321,t71
146,52t,7 t9,2t1
21,181,079,731
120,552,490,081
20,666,32t,171
t46,521,719,211
2 I, l8 1,079,73 I
120,552,490,081
'1,357,9t4,t99
691,466,327,lgE
s,266,t32,975
63 I,042,985,5 l4
7 ,357,914,199
691,466,327,198
5,266,t32,975
63 1,042,98s,5 l4636i309,1 rE,4E9
67,905,6r5
167,188,040J82 141,733,569,t12 167,1EE 0.1{rJE2 141,733,s69,812
12.02 DeposiErtrd OthcrAccountr(Catcgo;ywisc)
Domstic BruchsCwnt md Contingmcy
Bills Payablc
Savings Bu* AcomtFixcd Deposits
Othr Dcposits
Ovcnus Bmnchs
Cunent md Contingmcy
Bills Payable
StingsBmk AcoutFixed Deposit
Other DePosiB
Total
12.02.1.t Curcna.nd Contingcncy (Domctic Bnncba)
Cunent AIC (qedit Balm@)
Hajj Deposits
Mrgitr dl Lettq of Credit
Mrgin on B8trl Guilmte
Forcign Bmk DePosit
ATM AJc.
Cumt A/C Bantr
Fixed Deposit lnt@st
School Bmking Scime
Call Deposit
Monthly Eaming Schme Intq6tDouble Baefit Scfreme IntsstForcign CumcyDePosit
Unmld Balme of N.F.C.D.
CreditBalane of Lom & Admccs
Ld!: Inacr CoEPrny balancc Eliminetcd
Totrl
12.02.1.b CurentEd Contingcncy (Ovcm Bnnchc)
Toarl
12.02.2.e Billr Peyeblc ( Domotic Bmchc)
Draft PaYablc
Govt. Dnft Payable
Paymmt Ordcr
Forcign Draft/Tmvelers Cheque Isued A/c
Foreign Draft PaYable A'/c.
12.02.2.b Bills Paysblc (OYcBGr! Bmtrchd)
Totrl
12.02.3,e Srvirgs Brnl DcPotitt (DoEcstic Bnnch6)
12.02.3.b Savings Bsnk Dcp6it3 (Ovcnos Bnnchd)
Total
12.
t2.12.
t2.02
t2.02.
t2.02.
12.02.
I
9tt246,269 699Js9,639 9rt246,269 699J59,639
t65,993,&r6,239 777,974,7a2,686 t66,,012,2t1,779 77r,042,6rrJ00
18,475,540 6',1,905,615
l7s,4E9'306,10t 151,920,109,564 175,s07,7t1,648 161,9tt,015,179
723,103,633 s4r363,620 723,103,633 s41363,620
t76212,4O9,741 162,461,471,1t4 U6,230,EtsJ8r t62,529478,799
3,293,481,429
83,60 1,35 1
8,061,768,560
868,219,306
369,2't0,9M
9,01 1,261,t15
9,011,261,EIs 12,676J41,ss0 9,0il,261,E15 12,675,34r,550
zn,s,3,ll7?Or 1t9,656,076,666 2l1,5l3Al7,70l 1t9,666,076'666
46,9s9Js6 29,929Jr4 46r959,3s6 29,929,134
2r7,560l77,0s9 rt9,696,00s,t00 2u,s60J77,0s9 1t9'696'@s't00
Noas PrrticulenRcf,NotC
Amouna in TikrCoMlidrlcd Brnk
2ols | 2014 2015 20t4
.02.1
.02.2
175,489,306, I 0t9,01 1,261,815
217,513,417,703
463,061,574,344
I61,920,t09,564
12,676,341,550
tt9,666,076,666
413,012,t95,267
175,507,78 I,648
9,01 1,26 I,El52t7,513,417,703
463,061,574,344
161,98t,01s,179
12,676,341,550
189,666,076,666
413,012,895,267
t65,075S59,970 7?7,275,423,U7 865,094,03sF10 777,343J2E'561
It.02.
2.02.
723,tO3,633
46,959,356
l4r,183,2t0
541,363,620
29,929,134
128,066,E8s
723,t03,633
46,959,356
t4r,183,280
54 1,363,620
29,929,134
128,066,885
165,996,3v2,s14
l4t,l30432,629,498
- 35,766,607
502,306,050
5,683,159
3,326,90t,109
266.6't5,245
282,922,t93
4,O03,725,194
3E2,901,747
271,722,502
r40,572,522,641
135,450
110,706,401
l4t,t4 1,700
696,749,652
3 t,453, I 34
3.179,0 t3,526
E,138,737,710
92,1 13,309
97,t06,404
3E2, l6E, l l7
3,334,399,35r
4,202,710,111
4E5,633,63t
155,724,029
16s,996,392,5t4
l4E,l30
432,629,498
35,766,607
502,306,050
5,6t3, I 59
3,326,m8,109
266,675,245
282,922,891
4,003,725,194
3E2,901,747
21t,722,502
140,572,s22,64t
135,450
470,'t06,401
14E,841,700
696,749,652
31,453,134
3,t19,013,526
8,138,737,710
92,113,309
97,106,404
382,168, I l73,334,399,351
4,202,710,t17
485,633,63t
155,724,O29
175,507,7t1,64t 16r,9$,0151179 r75i507,7tr,648 l6lptE'015,t79
67
I
12.02,4.r Fixcd Dcpoil (Donstic Bnrcha)
Fixcd D€posits
Speial Notie deposis
DcEosit Pasion Sclrmc
Speial Dcposit Pmim Schme
Smali D+osit Schmc
Eduetim Dcposil Scbane.
Mcdisc Deposit Schme
Rual Deposit Sc.hcmc
MonthlyEuning SchmeMmiagc Savings Schmc
Double Baefit Schme
Triplc Bmcfit Schmc
Miuionairc Daositod Schme
Daily Prcfit Schme
Non Rsidcnt DePosit SdEEe
Rairmmt Savings Schcme
Sonali Retirmml Savings Schemc
Dqosit pension paymmt ecoutSonali kishak mchay sch@€
S.B.Employ6 Providmt Fmd (Gacal)
S.B. Employes Prcvidot Fud (Cmtribuiory)
12.02.4.b Fircd Dtposit (Ovcncs Bmchcl)Total
12,03 Ir Banghdah (GM'r Officc wisc)
Dhska
Chitiagong
Khulna
Rmgpu
Fuidpu
Mymmsing
Sylhet
Barisd
Rajshahi
Cmilla
Ouisidc Benglldsh
Total
12.03,01 Dcposib and Othcr Accoun8 (Gognphcel Locrtion-wisc Dcposits)
46r,06t,s74344 4tt,0t\t95267 46396t,s74J-44 41t,o12,49s,257
14E,183,280 128,066,88s 148,183,280 128,066,88s
463309.757,624 4t3,l40p62Jsi2 46t,2W,757,624 413,11O,962J52
gfi,246269 699i359,639
86,6,012ailJ79 699J59,639
t6s,094,03s,sr0 11734132L662 99.91
9tE,216,269 699,1s9,639 0.09
866,012J,8r,779 77t,o42,68tJol 100
Amount in Trkr oZ of Total Dcposit
20rs | 2014 2015 2014
In Bangladcsh
UrtmRural
Sub Tot lOutsidc BughdchOvMTotsl
Hcad oflicc is includcd in Urben
12.03.1,a In Bargtad6h(GM'r Olficc snd Distdct wb.)
Dhnlq GM'r Office
Dhaka Corp.
GzipuMmshigmj
Naraymgmj
Nusingdi
Mmikgmj
Sub Total
Ncof Dmcbs043
563
1206
0.t I2
lrot
t25
22
t7
l920
ll214
350,404,435,5 r0
22,221,700,000
9,267,200,0N
I 1,045,900,000
9,077,600,000
7,490,800,000
320,3il,400,000
19,606,600,000
8,200,600,000
6,375,900,000
7,770,268,toz
6,457,400,000
40.46
2.57
1.07
1.28
1.05
0.86
41.18
2.52
1.05
0.82
1.00
0.t3
Nots PrrticuhnRcf.NotG
Amount in TrloComolidetcd Buk
2015 2011 20ls | 2ol4
239,1E0,094,93t
72,276,7sO,U5
106,955,6t5
I I 1,661,673
10,467,720,2t0
I 1,747,0t8,400
27,990,886,510
2,130,420,442
20,269,t32,512
2,553,707,434
49,t93,t03,920
1,432,826,785
7,966.,170,545
ll3,l 10,595
77,404,326
29{t,852,113
1,96,168,07t
49,674,240
13,517,227
12,E23,637,257
2,068,590,539
210,47a,545,032
6a,127,539,576,
t37,916,487
1t7,279,646
9, l6 I,t 14,605
10,260,546,855
23,a16,296,94
3,152,139,537
2 1,04 1,4s5,85 I
2,156,791,720
43,t09,964,364
1,225,796,289
3,807,1 89,638
I 10,978,01 I
171,7 13,555
408,089,E47
1,75 t,802,791
23,252,960
t,123,267
I 1,9t3,044,04 I
1,892,3 14,200
239,1t0,094,938
72,276,7s0,U5
106,955,68s
I I t,661,673
10,467,720,280
I 1,7,t?,ott,400
27,90,886,5t0
2,130,420,442
20,269,412,512- z,ssl,tol,qzq
49,193,803,920
t,432,t26,785
7,966,1'10,515
ll3,l 10,595
77,404,326
290,852,1 l3
1,996,E68,07t
49,674,240
13,5t7,227
t2,823,637,257
2,06t,590,539
21o,178,545,O32
68,t27,539,576
t37,916,487
t87,279,646
9,t61,814,606
to,260,546,85s
23,816,296,W4
3,152,439,537
2 1,04 I,455,t5 I
2,156,79t,720
43,109,964,364
1,225,7 ,2893,E07,1t9,538
l 10,97E,0 I Il7 1,713,5s5
408,0E9,847
1,75 1,802,79!
23,252,960
I,t23,267
I 1,983,044,04 It,892,314,200
409,507,635,5101 368,792,168,802
102,499,000,000 | 96,74s,128,537
53,862,800,000 | 48,558,1t0,709
30,698,600,000 | 26,850,213,718
41,432,700,000 | 34,482,100,000
4s,920,800,000 I 40,324,500,000
34,437,900,000 | 3t,090,1s2,247
28,177,900,000 | 26,395,561,043
44,698,100,000lt 40,137,592,405
73,158,600,000 | 63,267,t3t,201
E65,09d,035,s10 777,34rJ2t,662
Amount in Trka o/o of Totrl Dcposit
2015 2014 2015 7014
667,r07,282,56t
197,9t6,752,942
5 13,93E,670, l3 I
263,404,6s8,53 l77.03
22.E6
66.06
33.8s
99.89
100
Chiltrgong GMr3 OfliccChittagong NonhChitagong South
RmgmatiBmdarbonCoxs BmPatiya
Sub lotal
Khuhr GMrs OfliccJsmrcJhmidahKhutmSatkhim
Bagerhar
NmilSub Totrl
Rmgpur GM'r OffreDimjpuGaibmdha
KuigramRmgPuThakugaonNilphmiSub Totgl
Feridpur GM'r OltrrcChudagaFridpuKushtia
MadripuCopalgonj
RajbiliSub Totsl
Mymcnsingh GM's OlliccJamalpuKishoregonj
MymminghTmgailNetokmaSherpuSub Totel
Sylhct GMr! OIfccMoulvibmSylhet
HabigmjSumgurjSub Total
Brrisal GM's OIIiccBrisalPstuakhdi
Bhola
PirojpuSub Totrl
Rejshehi GM's OlficeBogra
NaogamPabmRajshahi
SirajgmjChapai NawabciljJoypurtatNatore
Sub Totel
Comilla GM'r OlficcBralmmbuia
,r.rr.r.rffi.t*,@Kolkata & SiliguiTotel Loau & Advmce
21
2'l23,l
t0t3
107
35
23
21
l7t1
123
t923
22
t7t2
lGi
29,s l 1,300,000
56,025,100,000
5,324,700,000
1,259,3m,0003,6 I 1,300,000
6,767,300,000
32,4 I 1,900,000
49,45 1,900,000
4,t77,500,000l,10t,400,0003,1 14,900,000
s,787,s24,537
3.41
6.470_61
0.15o.420.7t
4.176.360.630. l40.40o.74
t02.499.0@,000 96.74s.12E.s:t7 rl.&l
15,3r5,4(x),000
t,663,000,00015,554,400,000
5,669,500,000
5,224,600,000
3,365,900,000
14,076,400,000
7,633,600,00014,1t6,9m,000
5, t6 1,380,709
4,649,400,0002,t50,500,000
l.7t1.00
1.80
0.65
0.600.39
t.8l0.9E
1.82
o.660.600.37
s3.r52J00.m0 4&5st rm.709
9,962,000,0004,304,000,0004,267,7@,0005,763,500,0003,954,800,0002.,146.600.0O0
8,91t,4t9,0003,704,500,0003,636,500,0005,097,900,0003,333,894,7 lt2,159,000.000
l.l s
0.500.49o.670.460.2t
l.l50.480.470.660.430.28
30,59t,600,000 26,Es0,2r3,71r 3.5t1 3.45
7,2'15,000,000
I 1,785,E00,000
6,990,600,000
6,t88,000,0004,698,300,0003.825,000,000
5,53 r,000,0009,724,300,0006,022,100,0006,0 10,300,000
4,000,300,0003,194,100,000
0.84
1.36
0.El0.800.540.44
o.7t1.25
0.770.770.5 t0.41
41,432,700,000 34,4E2,100,000 4.74 1.4t
l9t725
30
l3
l13
22
32
l312
79
No.of Bnncbs36
ttl0l014
32
l9l823
2lttl3
112
24
20
35
17
2t
1206
____129!_
5,777,300,000
5,781,300,000
10,565,650,000
17,909,650,000
3,299,400,000
2,587,500,000
5, t78,600,0004,927,300,0009,65 t,600,000
I 5, I 75,100,0002,929,400,0002,462,s00,000
o.670.671.22
2.O7
0.380.30
0.670.63t.24l.9s0.38o.32
4s.920.t00.000 40.324.500.000 5.1t
6,97,300,00019,072,000,000
4,46t,400,0003.900.200.000
6,278,800,00017,155,600,0004,O91,852,247
3.564.500.000
0.81
2.200.520.45
0.81
2.200.53
0.4634.O7.900.000 tl.090.752.247 3.9t
t4,345,600,0007,325,700,000
2,%E,100,0004.23t.500.000
13,730,200,000
6,376,300,0002,48t,100,0004.307.96t.043
1.66
0.85
0.340.49
t.760.82o.32
0.55
28.t77.900.000 26.t95.561.043
3,534,700,000 3,060,E00,000 0.41 0.394{,69E,100,000 40,337592,405 s,r6 5.r8
9,387,100,0004,369,700,0007,195,500,000
E,t23,900,0006,972,100,000
2,2't6,2@,OOO
2,138,900,000
13,7E t,800,0008,2 16,800,000
26,655,300,0008,3 I 3,500,000
I 1,459,500,000
4,73 1,700,000
9,383,400,0004,162,400,0006,135,400,0007,426,700,O006,261,492,4052, I 14,100,000
1,793,300,000
I 1,763,300.0007, r68,600,000
22,720,900,0007,452,631,201
10,004,700,0004,157,000,000
1.08
0.500.83l.o20.81
o.260.25
l.2l0.53
0.'19
0.95
0.800.270.23
1.5 I0.922.92
0.96t.290.53
1.59
0.953.080.96t.320.55
73,1s8,600,000 63,267,t3t,201
Hcad olfrcc is included in Nuber of Brancbes md Dcposit! rDd Oltcr Accou6
69
Not6 Particulan Rcf.Noac
Amount in TrkaAmount in Teka 7. ofTotsl Dcposit
2ols I 2ol4 20ls | 2014
r6s.094.03s.510 777.343.328.662t.45 E.l3
32
l6l5l92tl0
5.30
12.04 Setor tili!. Dcposit lncluditrg Bitk Pryeblc
Pmidmry,Prime Ministq Oflie ad Judiciry
Autonomous md Smi'utonomou bodis
Oths PublicSetor
BmkingSc{uPdvate Sector
OvcBcB Brancha
12.05.e Maturity Grcuping ofdcpositr rnd othcr rccount flncluding Bills Payeblc)
Rcpayable on DamdRcpaysble within I Month
Ova I month but wifiin 6 Months
Over 6 months but within I yaOvr I yw but within 5 ymOva 5 ym but within l0 YmOvu l0yem
Ias: lntcr Company bdmc Eliminrtcd
Total
12.05,b M.turity Grouping of lrtcr-Bilk Dcporia
RePayable on DmdRepayable within I Month
Ovs I month butwithin 6 Months
Ovq 6 months but within I yaOver I ya but within 5 ymOver 5 ym but within l0 YmOvu l0ymSub Total
Other Deposib
Repayable on Dcmmd
Repayable widrin I Month
Over I month but within 6 Montlts
Ovq 6 months but within I YwOvq I y€ar but within 5 Ycars
Over 5 yffi but within l0 ycas
Over l0 yeare
Sub Tot lLas: Inter Company brhcc ElimiutcdTotal
12.05.c Mcturity Grouping of Bills Pryablcs
Repayable on Dmmd
Repayabla within I Month
Over I month but within 6 Moaths
Ovq 6 months but within I YaOver I yeil but within 5 YffiOver 5 yem but within l0 YmOver l0 yem
Un-clsimed deposis for l0 ym or more held by the bank c on 3 I
Dembs20l5
77,193,602,607 I 65,388,739,926
il,r39,8r2,617 | 77,413,004,6t5
t64,224,254,97O1 ts4,t9t,254,t97
24,44t,t26,236 | 21,27E,165,469
518,09s,169,080 I 459,071,%3,685
t65,0t 4,o3s5r09t4,246,269
71734t,32t,662
599,359,619
t66.0122Et,179 77r,042,68rJ0r
t66$122t1,779 77t,O42,6Et302 t6,012,281,779 77t,042,6ttJ0t
18,475,540 67,9o5,6rs
t65.93,t06r39 777,n4,7&2,fi7 t66,012281,779 77t,O42,6ttJ0l
2E,0242lsJ7O 26A47,212,706 2t,024,235,37O 25,447212,706
137,918,046,409 75r59s,475595 837,9tt,046,409 751,595,475,595
18,475,540 67,905,615
t6s,993,r06239 777,9747A2,686 866,Or2,2Et,179 77t,042,6E8,301
tr)tz,tt7 1s,33t,8r7 llJ32,rr7 ls,33t,El7
Not6 ParticuhnRcf.Notc
Amount itr T.IqConsolidracd Bank
2ol5 | 2ol4 2015 20t4
1 1 1,0t4,174,643
46,801,3r1,4 l5l5 1,E6t,283,705
92,396,671,|N185,407,91 1,79t
27a,442,526,911
t1,332,1r7
82,645,690,506
69,766,248,164
t1,141,602,756
77,U6,730,765
t74,7t5,OO1,612
292,1t2,075,68t15.33t,818
I 11,084,174,643
46,801,381,4 l s
l5 1,86t,283,705
92,396,671,190
185,407,91 1,798
278,442,526,9t1
11,332,t11
t2,645,690,506
69,766,248,t64
8 I, l4 1,602,756
17,646,730,765
174,715,00t,6t2
292,t12,O75,68t
r5,338,8 r7
14,012, I 17,685
9,808,482,380
2,802,423,s37
1,40t,2 I 1,768
13,223,606,353
9,256,524,447
2,544,721,271
t,322,360,635
14,012,1 t7,685
9,808,482,380
2,t02,423,537
t,401,21t,76E
t3,223,606,353
9,256,524,447
2,644,721,271
1,322,360,635
97,072,056,95E
36,992,899,036
l5 1,r68,283,705
89,594,247,653
114,006,700,030
278,442,526,911
11,332,116
69,422,084,1s3
60,509,123,717
I l, 14 1,602,756
7s,002,009,494
t73,392,640,977
292,112,075,681
15,338,817
97,072,056,95t
36,992,899,036
l5 I,16E,283,705
89,594,247,6s3
184,006,700,030
27a,442,526,9t1
I t,332, I t6
69,422,084,153
60,509,723,717
81, l4 1,602,756
7s,002,009,494
t73,392,640,977
292,112,07s,6tt
I 5,338.817
9,01t,26t,r15 12,676,141,550 9,0 I 1,26 1,8 I 5 12,676,341,550
9,0ur6l,tr5 12,676,34r.550 9,011,26r,Er5
70
ffi
Not6 ParticulanRcf.Notc
Amount in TrkrConsolidrtcd Benk
2015 20t4 2015 20t4
13.(x, OthcrliabilitisDomatic BnnchclPrcvision for Clsifred lous including witPrcvision for Un'Clssificd loushts6tSus?asProvision against diminishing valrc of portfolio Investnilt
Provision agains Portfolio lPmLiability for mployes benefit ( PDCRB & Pmsim tund)
Provision for Inmme TuProvision for oths assets
BB Refime Schme for SML of Tk. l0
Employs Tox Dcduct€d at eurce
Interst Payable ( For Fixcd Deposit)
totffi Payable for oth€r DePosit
Inmme Rreivable in advmce
Expm*s payable A,/C
Cupon Intest Inmme
Export6' ForeiSn Cmcy Retmtion Quota
Provision against Off Balme Shet Expoue
Provision for Exgratia/Bonus etc
Forcign Concpondent Chargm
Adjusting Aeout Cr€dit Balan@
Forcign Cmcy Fmd hmlased A/C
Provision for NOSTRO A,/C
Vocatioorl Wm6's Cr.Schme Gmtce Fud
Agriculhmf Guamte Agsinst I.D.A. Credit '724 B.D.
Indutial Cr. Gmtec Claims wived Fmd
Bmgladsh Bmk Cr.Gwt€ Fe I.D.A Cr. - t25 B.D'
I.D.A. Swic€ Chagc 765 B.D.
BSCIC Swie Chrgcs I.D.A Crrdit -825 B.D.
Rwolving fiud against l.D.A. Credit -725 B.D.
Sudry Deposits (H.O)
Interest Subsidy AmutSPL AJC's Proceeds of ImPort Docmmts Dr.of F.q NBP)
Special amuts wplus Proccds of lrnpon Gmds
Unclaimed Dvidmd (NBP)
AST-CIDA Gwatrtee Fud for MCDSF.
Mothr Club Womcn's Cr.Gumte Fud
lntsest R6fle sgsinst Agri'hm Intrst ExmPtiotr 2004
BRDB/IJCCA Crop Lom Intsest P.intt. Rewe AJC. 1994
BRDB/UCCA Crop Lom Intmst Reserve A,/C.2001
Balme Held with Foreign Bank sbroad (Cr Balane)
Cr. Balme in F.C Cltring A/C
Asim Clwing Union (NOSTRO)
tom from IDA Crcdit No. 765 BD.
Sirajganj Integratcd Rural DeveloPment Fund
Agro Bmed Indusrial & Tehnolory Dw. Proj.
Provision for Salry
Rebate AJC ofTm Lous to NBFI
FC. Clming A/C (Credit Balue)Provision for X-checker
Provisim for city CorP.Bond
I.D.A. Credir -3917 B.D.
Portfolio Mugin Deposit Control
Rmittae Payable to BmeficiuY
Otha provision oflndim oPemtion
Provision for los ofSmati Polaris FT Ltd. & Sonali LJK Ltd.
Asim Clwing Union (VOSTRO)
Payable for Climt Sale
Othm liabilities of subsidiarY
Ovcnccs Bmnches
Profit Eamed by Oversas BmcJr
Othq Liabilities of Ovsseas Bmch
Reserve Fud of Kolkata Branch
10,000,000
46,062,591
215,162,t_t4
689,257
6,r,191,963
90,552,05 I
10rJ86Js6,t9,l 96,62t10s,988 100J79,734ps9
l3.0l.a13.01.b
t3.o2
13.03
13.04
13.05
13.06
52,392,580,000
3,066,949,1 l0t7,t86,163,82 I
t,647,414,519
3,576,669,471
2,210,000,000
42,361,427
2,299,297,3t0
1,613,451,602
1,382,340
236,@4,057
6,178, l 10,099
19,325,013
256,353
19,562,612
1,t34,492
t78,97530,812
4,8il,123
27,820,800
r,946,928,872
3,585,61 8
7E7,657
t,479
149,577
45,312
r,927,t43,269
29,705,37t
56,t24,87i
36,750,82:
3,591J02
350,452
52,392,5t0,000
3,066,949,1 l017,tE6,163,821
6 1,366,380
325,384,687
t,647,414,519
3,6t5,371,223
2,210,000,000
42,361,421
2,299,297,3t0
1,6 I 3,4s 1,602
1,382,3/10
236,O04,057
6,178,1 10,099
19,325,013
2s6,353
t9,562,612
1,834,492
t78,997
530,8 l24,tE 1,123
27,820,800
1,946,928,E72
3,585,61 8
'187,651
8,479
149,577
45,312
2,554,409
1,927,t43,269
29,705,37 |
56,t24,870
36,150,825
3,59t,302
350,452
10,000,000
46,062,591
215,462,tt4
19,896,s65
46,630,547
689,257
64,191,963
90,552,05 I
1,920,340
467,144,700
39,652,400,q)O
3,257,500,0(x)
20J@,170,456
156,900,000
3,to2,228,O7t
3,773,853,624
2,927,7M,406
t9't,750
7,034,420
9,813,207,O25
3,134,679,135
I 10,839,36s
34t,244,013
125,559,378
89,851,tt5
2,519,528,930
1,5s9,035,944
1,194,U5
4,236,129
5,850,98?,712
9,662,513
256,t53
19,562,612
t,834,492
178,997
530,t12
4,t81,123
27,E20,E00
2,ts9,r19,546
3,s85,618
787,651
8,479
r49,577
45,312
2,554,409
2,054, r l579,09r,9s5
69,93s,062
5,38 1,460
s6,824,870
17,375,505
415,O27
700,000,000
350,452
10,000,000
224,1y.,;41
689,2s7
I t9,644,308
9a,t52,215
39,652,400,000
. 3,257,500,000
20,309,170,456
232,21a,122
374,817,190
3,1o2,22A,071
3,t07,007,34t
2,927,714,t06
197,750
7,034,420
s,t\3,207,o25
3,134,679,135
I 10,839,365
348,244,013
t25,559,3'tt
t9,85 1,t85
2,519,s28,930
t,s59,03s,944
1,494,045
4,236,329
5,850,987,112
9,662,513
2s6,353
19,562,612
1,834,492
17t,997
530,t l24,881,123
27,r20,800
2,159,t19,546
3,5t5,6 l8787,657
8,479
t49,577
45,312
2,554,409
2,054,115
79,091,955
69,935,062
s,3r 1,460
56,824,870
37,3'15,505
475,027
700,000,000
350,452
10,000,000
221.1r.,;41
20,568,1 lE
20,983,914
6t9,2s7
I r9,644,308
9A,t52,215
980,t44
480,799,427
350,56E,554
t57,260,125
54,926,563
282,9t1,168
90,E17,712
350,568,554
t57,260,725
s4,926,563
282,91 r,l6t$,877,T2
s07,829,279 42t,715,443 507)Vr9.279 42qts,443
13.01 Accmuhtcd Provision for Inem and Advgnca
a) Prcvision for Clruificd loenr Including writ
Balmce a the begiming of the Paiod
Les: Lom wittm offwhich firlly Provided for
Add: Reovery LoG which wr Writta offrylir
Add: Specific Provision made duing the ya
Les: Rmvered and Provision which no moe required
Add: Na Chuge m hofit Loss AsoutBahncc ra thc Gnd of tbc Yar
b) Provirion for Un-Clrsilicd lou!Balmc at the begiming of the Period
Less: Loans wittm offwhich fully Provided for
Add: Recovery Aom the PHioN Wrino OffIlm
Add: Speial Provision made duiog the ya
Les: Rmvwd md Provision wiich no mw requircd
Add: Net Charge on Prclit Loss AmmtBalme at the md of the Yu
13.02 IntcrctSusPGns
Balmce at the begiming of the pa'iod
lntcrest Rewelnlqest Resflc Pcnal Int€rest
Add: Amount tramfered to "lntscst SusPeN' Amut duing the
lntErest RMeIntaest Rewe P@al Intq6t
L6s: Amout RmverEd in "Intr6t SusPas" &out duing the yar
Intsest Rowelnttrest Rewe PEnal httr6t
L6: Amout sittm offduing the Yarlnterest RcweIntsesl Rewc Pma.l Int@st
Batme at the md of the Paiod
Interest Resfle
lntsest Reserve Pild Intqest
13.03 Pmvision against diminishing vduc of Portfolio InYdtECnt
Bslsncc rt thc hgirning ofthc pcriod
Add: Additionrl during thc YdrPonfilio hvestment 13 03a
Debenhre
Brlancc at thc od of thc Year
13.04 Liability for cmployca bcncfit ( PDCRB & Pcoliou fund)
Fair value ofdefned bmcfit obligation
kss: Fair value of bcnefit Plan sssets
a) Feir valuc ofdcfued bcnclit obligation
Opcnhg Behncc
Sonali Bank Ltd. Employecs Pmsion fiud
31.475,071,&10 51,943,115,54t 3l'475'071'&10
140,0t5,942 161,t43,906 140'085'942
sr,943,rrss4:l161,843,906
i,615,1s7,112 52,104,959'449 31,615'137,772 52'r04,959'.149
287,620,551t,037,242,228 287,620,551 E,037,242,228
39,6s2,{0o,0oo s2J92580,000 39'652'400'000 52,392,s80,fl)0
39.6s2.400,000 52J92,5E0,000 39F52'400'000 52'392'st0'l)00
3,066,949, I l0 3,691,200,000 3,066,949,1 l0 3,69 1,200,000
3,066949,110 3691,200,000 3'066'949'110 3,691,200,OO0
3,066,9,19,110 3'691'200'0q! 3,066'949'110
190,550,t90 - 190,550,890
3,691,200,000
3,25?,500,000 3,691,200,000
- 624,250,A90
3157,500,000 3,69t,200,000
624,250,890
3,257,500,000 3,066,949,110 3i257,500,000 3,066,949,110
3.2575{Xr,0oo 3,066,949,110 3'257'500'000 3'066'949'110
17,t86,163,t2117,tt5,163,t21 l9JU,49r,7l5 l9JIl,491,715
r3.o3r In response to Bank appeal, Bangladesh Bank allourcd the Bank tkough vide letter no-Dos(sR)l 15/ 3tl6llolt2ol6-1t85 dated 13 March 2016 to keep
provision against demunition ,Jr. of portfolio investment amounti;g to Tk. 100 million in 2015 and the rest amount in 2016 at a equal quarterly
installment basis. Accordingly Bank has kept that provision'
t,02t,993,633 8,057,289,163 8,02r,993,633 t,057,289,163
t,02t,993,633 t,057,2t9,163 t,02t,993,633 r,057pt9,163
5,43t,392,571
1,003,4 l03,245,t60,163
456,065
5,431,392,571
t,003,410
3,245,860,163
456,065
s,432J9s,9tr t,246,lt6,228 5,.1:12J95'9El 3,246,3t5,228
173,591,0 l7 6,212,038,412
24,262,411
173,591,0 l7 6,2t2,034,4024,262,4t7
173591,0r7 6,236J00,829 17J,591,017 6,236J0O,829
20,300,575,267
E,595, lt911,t76,565,222
9,598,599
20,300,575,267
8,s95,189
17,876,565,222
9,598,599
zo"rosflo,lso 17,886,163,821 20,309'170'4s6 U'$6'163'E2l
6 1,366,380 6 1,366,380
156,900,000
113,952,342
56,900,000
100,000,000
56.900,000
2t2,21t,722 6lJ66Jt0 156,900,000 -
32,7t3,954,430
29,611,726,359
24,468,955,969
22,82t,s41,450
32,713,954,430
29,611,726,359
24,468,955,969
22,E21,541,450
1,t90,325,781
22,57t,594,554
3s,634
t,797,862,5't8
27,409,538,50E
35,634
I,r90,325,7t l22,578,594,554
35d
I t,tgt,soz,stg
ffi$'i:::::24,465,9s5,969 29,207136,720
'!
Y -rl
Nng720
'at=L*
A,#
Nottr PrrticulenRcf.Notc
Amoutr
ConsUdttcd
in TekrBcnk
2ols | 2ol4 20ls I 2ol4
52,392,5t0,000
20,9 17,50t,170
70,054,500,000
It, I I 1,3t4,457
52,392,5t0,000
20,91 7,508,170
70,054,500,000
1 8,1 1 1,3t4,457
17,876,565,222
9,598,599
t9,277,174,634
34,31?,081
t7,876,565,222
9,598,599
19,277,174,634
34,3 l 7,081
Sonali PDCR Bmefit tund
72
i,rozrzs,ozr 1,G47,411,s19 3,102,22t'o7l t'647,4r1,s19
|:
Tnnsfcr/Adjustucnt mrdc during lhc yqrSooali Bmk Ltd. Employes Pmsion fiud
Soaali Bant Ltd. Employe PDCR Bmcfit firnd
Provision for mploya baefit
Ias: Prlmcnt mrde during $e yarSonali Bank Ltd. Employes Pmsion IUnd
Sonali Bant Ltd. Employe PDCR Bacfit fimd
Provision for mploycG benefit
Add: Cmtion during tbc ycrr md prior yclr .djustmcnt
Sonali Bmt Ltd. Employes Pmsion frrnd
Sonali Bil* Ltd. Bnployes PDCR Bmefit firdProvisim for mploys bencfit
Cloring Edencc
Sonali Burk Ltd. Employes Pension firnd
Smali Bant Ltd Employes PDCR Bmefit firnd
Provision for anployes bcncfit
Provision Maintaincd
Provision Rcquircd
Prcvisim SurpluJ@efi cit)
b) Frir veluc of bcncfit plrr sslrFurd hvdamcnh
Sonati Brnk Emptoy6 PDCRB InvdhcntBmgladcsh Govt. Treasrry Bond
FDR-trel Offie (SBL)
FDR- Bmk Asia Ltd
FDR-SBAC Bank Ltd
FDR-AB Bak Ltd
Sonali Ba* Employs Pmim Fud Invctnmt
FDR- Bmk Asia
FDR- Fmcrs Baks Ltd.
FDR- AB BaDk Ltd.
FDR- Local Offie
Totd Frir wluc of bcnclit Phn AsGb
13.05 Prcvision for Incomc TarBalme a 6e bcgiming of the ydL6s: PaFtrat duing the yEAdd : Amout EaDsfdr€d duing the ywAdd : Income tu on Indim oPeration
Bshna at ttc Gnd of thc yar
13.06 Prevision for BonuJ ExgntirOpming Balmcc
Iss: Paymat duing the ywAdd: Realized duing the yaAdd: Made duing the ymBalme at the ad of 0re yw
13.07
3,622,577,119 5,7[5r5,r66 t,622,577,t49 5,7t8,585,t66
11,t67s75,610 9t0,1u,415 rr,t61s7s,6r0 9t0,10{,4t5
32,713,9s4,430 24,46t955,969 t2,71 954,430 24,46E,955,969
32,7t3,954,430 24,46t,955.969 32,713p54,.1ii0 24,46E,9ss,969
2,t,w,924,172 21,820,000,ur0 24,w,924,171 21,t20,m0,000
1,610,t02,1t7 1,001,s4r,4s0 1,61o,E02,187 1,00I,541.45{)
29,61r,7263s9 22,82t,54t,450 t96lt,726J59 22,t2trs4t,430
3,311,267,8W
199,401,654
3.r07.007J4t ,,6ts374,221 3,77r.E5:1,628 1,s16,66,9,471
1,559,035,9,14 1,613,451,502 15s9,03s,944 r,613,451,602
NoIB ParticuhnRcf.Noac
Amouni in TakrCoNolidstcd Brok
2ors I zott 2015 2014
730,621,236
2,891,9s5,913
60,529,060
5,6s8,056,106
730,62t,2t62,191,955,913
60,529,060
5,65t,056,106
764,613,820
I I,102,96 1,790
r52,992,263
a27,1t2,152
764,613,820
I I,102,961,790
t52,992,263
t27,nz,ls2
t,924,3 1t,365
30,7r9,600,43 I
35,634
I,t90,325,781
22,578,591,554
35,634
1,924,3 I 8,365
30,7t9,600,431
3s,634
1,890,325,781
22,57t,594,554
35,634
32,713,954,430 24,46E,955,969 32,713,954,430 24,46t,955,969
27,97E,960,700
21,963,472
2t,E00,000,000
20,000,000
21,978,960,;OO
21,963,1_72
21,800,000,000
20,000,000
60,569,748
20,000,000
67,6E4,409
1,462,54E,030
60,000,000
60,000,000
881,s4 1,4s0
60,569,74t
20,000,000
67,6t4,409
t,462,548,030
60,000,000
60,000,000
rE 1,541,450
1,613,45 1,602
1,5s4,415,658
t,500,000,000
1,667,463,66t
1,565,542,3t0
I 1,530,314
1,500,000,000
1,613,45t,602
1,554,4 15,658
1,500,000,000
t,667,463,668
1,565,542,380
I 1,530,3 t4
1,500,000,0@
SL No. Particulrn
As ,t 3l Dcccmbcr 2015
Forcign Currcncy FC rmount Exchrtrgc ntc Amount in Taka
I2
3
4
5
6
7
Myamar Foreign Trade Bu( Mayanmr
OffieAmutSonali Buk Ltd Kolkaa
Thc Jamu& KashmiBank Ltd.
Myamn hvestsnent & Com. Bmk
OfEe Accomt
Bak of Ce;ylon, Srilanka
EURO
EURO
USD
USD
USD
USD
USD
205,786.37
10,782.00
34,276.06
25,1 5E.50
738,582.23
137,019.87
78,557.49
t5.t28s.82
78.50
78.5C
78.50
7t.5(7E.51,
t7,659,8M
925,270
2,690,671
1,974,942
57,978,705
10,756,060
- 6,166,763
rorffad&,.N 1,23O,162.52 ,t/-* HcirNe,,'z,2rs
73 tr*ir#\ -1s\cqAccs>zAcco9
Union
itTz
tdri[--Z
*5
Noa6 Prticulen Ref.Noic
Amount in TalqConsolid r tcd Brnk
20ls I 2ol4 20ls | 2014
3t300,000,0o0 31,200,000,m0 3t"300,0o0,m0 3r,200,m0,00o
The entire amount ofthe paid up capital has been subscribed by the Government ofthe People's Republic ofBangladesh but each Director ofthe Bank is
the holder ofone symbotic Share oftaka one hundred.
14.03 Crpiarl To Rtuk Wcighhd Alscr! RrtiG (CRAR)
In terms of section l3(2) of Bank Company Act, l99l and Bangladesh Bank BRPD circular no. 09 dated 3l December 2008 and BRPD circular no. l8d4ed 2 I December 20 14, required capital of the Bank at the close of business on 3 I Dec€mber 20 I 5 was Taka 39,43 1.0 I million as against core capital
of Taka 25,356.9E million and supplementary capital of Taka 14,387.00 million making a total capital of Taka 39,743.98 million thereby showing a
surplus ofcapitaUequity ofTaka 3 12.97 million at the year end:
14.00 shereCspitd
14,01 AuthorizcdCspitrl600,000,000 ordinary shac of Takr lfi) reh
14.02 Isucd' subrcribcd rnd frrlly prid up Cepiiel
3t3,000,000 ordinary shil6 of Tats 100 rch
Total risk weighted arsets including off-balme shed itmsRcquired capital @ l0% ofrisk weighted r*s
Cspiarl hcld:
Tire I Capital
Tir 2 Capital
Totrl Etigiblc ncguhtory C.Pitrl (Iicr I ud 2)
Total capital supluCRAR/ CAR Bescd on BescfIIV (II) Ftuaork
14.03.01 Crpiarl rcquimcnt Rcquircd
Tiu - I (Minimm CEI-I @ 4.5yo) 5.5o/o
Tia - II ( Muimm uP to 4yo of tte tot8l RtrVA or E8.t9plo
of CET-I whichevq is higha applieble from 0l Jmury 4.5o/"
2015)
Total
14.03.02 TicrlCrpitslA. Comon Equity Ticr I (CETI) Cepitrl (Going-Conccm Crpitrl)
Paid up opitalStatutory rcweOlhqrccrueRetained mingsShue mmey deposit
trss : Defffied tax Nt
3&300.m0.00o 31,200,fit0,qn 3tJ00,0o0,000 3r.200.flr0.000
60.m0.m0.00o 60.000,000,m0 60,0o0,0o0,000 50.000.0fi).000
393,938,600,000
39,393,860,000
405,264,300,000
40,526,430,000
394,3 10,100,000
39,43 1,010,000
406,842,700,000
40,684,270,000
39,49tJ77,169 49,sts,t70,42t t9t743,976,310
9
49,79t577,2E7
9,107,307,287
to.|yo t0.0ty.
15.00
25.t19.a17,169 31,211,273,048
14.03.22
25,356,976,3-10
3 t,200,000,000
7,601,472,379
I r3,500,000
(t4,597,992,472)
7,100,000,000
31,416,979,907
23,119,t77,169 3t,/t1,273,048 25i356,976,310 3t,416,979,9O7
AdditioEd TicFl CrpitilNonmulative inedeemable prefme shm
]
Ilrstrumms isued by rhe baks that meet the quali$ing crituia for ATI
Othes (ifany itm approved by Bangladesh Bank)
Lcss: Regulatory Adjutrmts from AT-l CaPital 14.03.2b
Total Ticr I Crpitst (A+B)
14.03,03 Ticr2 Cepital
ficr 2 Cepital (Gonecooem Cepital)
Gmaal prcvision maintained agaiast mclassified loans md off -bdmeqPow6Asets revaluadon reserve
Revaluation Rwe for HTM suitisRwalution Rcswe for Equity
Lcss: 20% Rwaluation Reswes for Fixed Asscts, Srcuities
Totsl Ticr 2 Crpital
14.03'2s In response to Bank request, Bangladesh Bank
deduct defened tax assets- 0% in 2015, 300/o in
Bank has complied that instruction.
25,1t9,t77,169 tl,ztt,273,04t 25,356,976,310 tt,415,979901
lrp7a,s97,3E0
14173,500,000 rr,374,s9?J80 r4Jt7,000,000 18J7'1,597J80
16,975,200,000
2,601,700,000
1E,374,s97J80 r6,988,700,000
2,601,700,000
25,lLg,A77,169
14.373,500,000
3t,2ll,273,04tIt.374.597.380
25,356,976,310
14,387,000,000
3t,4t6,9',19,907
1t,374,597,380
6.38o/o
3.650/o
7.70Vo
4.51o/o
6.43o/o
3.650/0
7.7204
4.52o/o
38,300,000,000
7,@1,472,379
107,r 18,t56
(20,889,414,066
3 1,200,000,000
7,601,472,3't9
l 13.500,000
allowed the Bank through vide letter no-BRPD (BFISI66l/14B(Py2Ol6-2151 dated 05 April 2016 to
l4'03'2b hls5psns€toBa*application'BangladeshBankallowedtheBankthroughvideletter,no-BRpD(BFIS>661/l4B(pv2ol6-lz2ldatedl7February20l6to calculate common Equity Tier-l( crr-r) capital without deducting fy ,""a;r*"1 Intangibre'Assets icJiliri *t:.ct to compriance of vender,sI,TrT-T[JTi1.',.[Ttffi::',Tjbi-",H1fu*;,' Vender's o"".;-.il;; nas ia1ustea,r," *"G,"i rntangibre Assets (coodw,r) as a
14.04 Rilk Wcighacd A3sGa (RWA)
Prrticuhn
Crcdit Risk
i) On-Balme Sheet Exposrcii) OffBde€ Shet Exposurc
Mrrkca RilkOpcmtionrl Risk
-
folll RilL Weiohm e""-r rr
Consolidcicd(frka in
Buk2015 2014 2015
30, I I3. IE
1,622.12
3,654.67
4,003.E9
30,226.00
2,092.2r
4,333.00
3,874.66
30,22t.36
1,622.12
3,595.37
3.992 t6
30,468.61
2,092.21
4,290.42
3,833.0339,393.16 4{!}525.t7 39,€r.01 40,684.27
14.05 Minimum Crpitrl RcquirEcna Undcr Brlcl III
Prrticulen20ls 2014 20t5 2014
31,416,979,907
1a374,597,3t0
49,791,577,257
406,842,700,000 ]
t2.240/.1
7.720/"1
4.s20/"1
40,684,270,0OO I
I
I Corom Equity Tir I (CETI) Cryitat (Goiagom cryital )12.
Tia2 Capitat (coneonmn Cryiral)
13. Tia-3 (eligibte for muka risk only)
14. Tofsl EliSibtc C.pilrt (l+2+3) :
B. Toral Rid( Weighted Assas (RWA):C. Capital Adequacy Ratio (CAR) (& / B)rlOOD. Corc Capital to RWA (Ar / BX f OO
E. Supplmmtary Capital to RWA (A2l B).IOOF. Mininu Capital Rcquiment (MCRI as on 3l Decmbq 2015
25,1t9,877,169
14,373,500,000
39,493377,169
393,93r,600,000
10.03o/o
6.3to/o
3.650/"1I
39,393,860,000 |
3t,2t1,273,U8
t8,374,597,3t0
49sts,87O,42t
405,264,300,000
12.24o/o
7.700/0
4.540/0
40,526,430,000
25,356,976,3to
14,3E7,000,000
t9,743,9763ro
394,3r0,100,000
10.08%
6.410/"1
3.6so/"1
39,43l,0lo,ooo I
Ratio (As pcr Brscl Itr rcqriremaa)
Cspiaal Rchtcd RrtioCRAR
Lwcmge Ratio
Liquidity Rcletcd RelioLiquidity Covenge Ratio
Na Stable Fuding Ruio
14.06.1 Dctrils sbour Rraioa) Crpiad to Rtuk-wcighacd Asct Rraio
cRAf,, (Benk) - Total Eligible gacitalcreditnwe*@.loo%
CRAR (Consolidercd) =
b) Lwcragc Rrlio
LR (Bank)
LR(Cosolidracd)
Liquidity Covcngc Rado
LCR
39,743,976,310
394,310,100,000
39,493,377,169
393,938,600,000
lo.03y.
25,357,000,000
I,O4O,728,76hOOO
2.Uyo
25,t t9,900,000
I,040,006,660,000
= 2.42y.
LR = .,ooz
_ Stock of quality liquid ssrsToral na cast outfl@ 2 I ooTo
_ 449,614,935
91,073,736= 49t.68yo
Available amounr ofsrable funding (ASF)r.qoioau*ouniiltEii6lilffi793,399,780,100
d) NctSiabh Fundirg Redo
5t2,484,i]J'fr
> 1000/0
t36.2
75
14.07 Dctcils rbout ShsrcholdinS
14.08 Nsmc of Dimton rnd ttcir Shrrcholding
15.00 Strtutorf R.BGnG
OpmingBalme
Add: Tmfened duing the yec (20% of pre-tax profit )
16.00
Closing Balme
OlhcrRcnoRcnc for Unforocn lasRscnc for CSR
Rscnc for Unform lassBalme at the begiming of the pqiod
Tmftr to Resfl€ for Unform losss
Rcnc for CSR
Balme at the begiming of the period
lrs :Disibution duing thc Pqiod
Trmsfq lo Rffie for CSR
Additional tmfa to Reffie for CSR
RcYslurlion R6cncRevaluation of inveshmtAssts Rwaluation Rcsfle
Rcv.lu8tion of inycrhctraBalme ar thc begiming of the peiod
Add: Gain on Revsluation ofShreAdd: Roaluarion of HTMAdd: Revaluation ofHFTBdme at the md of the period
Assch Rcvaturtion nscryc
Balme at thc begiming of the period
Additionduing tbeywAdjusEtrmt ofcoodwittBder at the md of the pcriod
7,601,472379 7,@1.472,379 7,601,472,t79 7,601,472379
r07,trE,ts6 1r3,500,000 107,81t,t56 ll3.soo.firo
47,000,(xm 47,000,000 47,000,000 47.fito.000
60,81r,156 66,s00,000 60,818,856 56500.mo
tt,sto24127t 6$72,630,7E2 tt,s3o,247,27! 6,672,610,757
21,495,933,217 2t,495,933,277 2t,495,933,217 2t,495,933,277
16.01
15.01
I
I7.01
t7.02
17.00
17.01
Yrmc of Sharcholdcn As rt 3l Drc. 2015 Amount@ lfilGovmmt of the Paples Republic of Bmgladcdr rcpmtcd by Finme Serctary, Ministy of FinueMr- Fade Kabir
Mr. Mohmad Mulim ChowdhuyMr. Md. Fuiul Haque
Mr. AKMRauRahmmMd. MahbmbHosinMr. Md. Sbah€b Ali Mridha
Mr. Md. KuiTuiqullslmMd. Sabm Aktari JmalMr. Afzal Hosin
3t2,999,991
I
I
I
I
I
I
II
I
38,299,999,100
100
100
loolool(x)lo0100
100
100
3t3,000,000 38Joo,firo,uxt
!{rEG of ttc dimton Straus A! rl 3l De. 2015 Amounr @ 100
W. Fadc Kabir
Mr. Mohmad Muslim Chowdhury
W. Md. FuiulHaqwW.AKMRruRahmuVld. MahboobHosin
V{r. Md. Shahcb Ali Mridha
W. Md. Kmi Tuiqul IslmUd. Sabm Aktari JmalW. AEalHosin
Chaimu & Dirwtor
Dir*lorDiretorDiretorDrwtor
Director
DiretorDiEtorDiretor
100
100
100
100
100
100
100
100
100
9 900
Amount i[ T8krCoMlidrtcd Benk
20t5 I zorl 20t5 2014
7,601,472,379 6,433,t77,155
1,t68,294,624
7,601,472,379 6,433,177,755
1,t68,294,624
47,000,000
60,il8,t5647,000,000
66,500,000
47,000,000
60,E18,856
47,000,0(x)
66.500.000
47,000,000 47,000,000 47,000,000 47,000,000
66,500,000
(65,681, I 44j
60,000,o00 50,000,000
6,500,000
66,500,000
(65,681,144'
60,000,000 6o,oo0,;6,500,000
11,530,241,273
21,495,933,277
6,672,630,782
21,495,933,277
|,530,247,273
2t,49s,933,277
6,672,630,792
21,49s,933.27733,026,1r0,ss0 28,16$!{a,g!9 !3,Q26,1r0,5s0 28,16E,s6{,0s9
6,672,630,782
126,t07
4,857,490.384
3,682,s95,344
229,217,853
662,2s2,4s9
2,098,565,126
6,672,630,7t2
t26,t07
4,857,490,384
3,682,595,344
229,217,853
662,252,459
2,098,56s,t26
16.02
It,00 Surplu! in Prefit 8nd Irss AccounuRetaircd Ernings
Batme at the begiming of the PoiodProfit during thc yerNet Profit AftdTuTmsfato Rffie for CSR
Tffisfs to statutory reswe
Totel Rctaincd Surplus
Intmgible Asets- Valution AdjuEnmt A"/C
Curmcy Eesctiotr diffammAdditiotrd Tmsfnto CSR
Balme at thc md of the Psiod
19.00 ContingcntLitbilitie & CommitnobLcnmof gumt€Inwocrble lrttm of Credit
Bills for mll*tion
19.02 Irrevocablc LctlcE ofCrcdit(r) GovcrmcDa
DmsticOvem
lss: Mugin
Sub Total
Benk rnd Olher Fitranciel InstitutionsDomesicOvm
las: MuginSub Total
OttenDommticOvuseas
Less: Margin
Sub Total
Torsl of (ifii+iii)
Billr for collctionPayablc in Bmgladesh
Payable outide Bangladcsh
(14,803,699,330) (t2,972,954,204) (t4,6M,492,472) (12,850,020,6s6)
4tt,423,Et7 4,750,043,937 526,49E,262 4,t26,34t,902
(14,31s,27s,443) (E222,9ro,267) (14,017,994,210) (8,023,671,7s5)
9.08.01 (6,574,320,716) (6,s74,320,716) (6,574,320,716)
1t2,094 31,654
- (6,500,000)
(6,s14,320,7-16)
(6,s00,000)
In terms of the decision taken in the meeting in the Ministry of Finance held on 24rc3nl08, an amount Tk. 65,743,2O7 ,158 is to be amotized against profit
to a just the intangibleAssets (Goodwill)created for Accumulated loss of previous years out of Which Tk 52,596,765,755 was amortize up to 2015. In order
to a just the total amount within l0 years equally Tk . 6.574,320,716 million has been adjusted with retained eaming in 2015.
Iraten of guamItcc
Claims lodged widr the bank mmpmy, which is not mgnized r lom;
Money for which the bank is contingatly liable ir rcpet of guamtw isued
flimtore or offissGovement
Banks md other lmmcial institutions
Odrqs
Domestic
Ovem
(20.tE9.414,066) (l 4,t{t3,699J30) (20,6s2Jr4,92s) (14$U,492,472)
2,834, l2 1,4 I 8
242,443,332,567
6,675,43t,990
4,524,516,271
206,390,740,160
t9,014,48 I,5t3
2,t34,12t,418
242,443,332,56'l
6,675,43E,990
4,524,5t6,271
205,390,740,t60
19,0 14,481,583
25t,952,t92,975 229929,71t,O14 251952,A92,975 229,929,73E,014
favoring:
1,886,837,702 | 2,534,10e,5691 1,886,E37,702 I 2,534,109,s69
18,755,483 | 233,s77,5821 18,755,483 | 233,s71,s82
915,963,1t7 | r,44s,s14,476 | 91s,963,711 | 1,44s,514,476
t2,564,st6 | rrr,rH,or+ | t7,5s,5t6 | 311,314,644
2,A34,121,4r4 4,524,516,211 2,Et4,t2t,4tt 4,524,516271
229,'r52,794,t52 I84,91r,295,850 229,752,794,852 I 84,9t8,295,E50
229,752,194,t52 r84BIt,29s,tso 229,752,794,ts2 I14,9lEl95,r50
229,752,794,852 lE4,9ltJ9S,E50 229,752,794,A52 It4,91t,295,E50
406,921,000 8t2,446,900 406,921,000 882,446,900
19.01
19.o2
19.03
(ii)
(iii)
19.03
406,921,000
406,921,000
l2,2tl,6t6,7ls
12,283,616,7t5
8E2,446,900
Et2,446,900
20,sr9,997,410
20,st9,997,410
406,92t,000
406.921.000
12,2t3,616,715
t2,283,6t6,7ts
t82,446,900
tt2.446.900
20,589,997,410
20.s89.997.4 l0
19.03.01
19.o3.02
6,675,43t,990 19.0I4,4tr.5E3 6.675.lat.990 19.014.4t1.583
19.03.01 Payablc in Bengledcsh (Divirional oflicewisc)Dhaka-l
Dhaka2Chittagong
Khulna
ComillaFaridpuRajsluhiRmgpuBrislSylhct
Mymmsing
@
979,5t3,400
191,529,000
2s9,990,0003 10,874,000
979,583,40019t,529,000
259,990,000
310,874,000
NotB ParticulenRcf.Notc
Amount b TrkConsolidsacd Bank
2ols | 2ol4 2015 | 2014
54a,423,887
(60,000,000
5,97t,33E,561
(60,0o0,0001
(t,t68,294,624"
5t6,494,262
(60,000,0001
6,Os4,641,526
(60,000,000)
(r,16t,294,624)
t2,282,746,024R70 6qr
20,589,997,410 12,282,746,024t70-691
20,s89,99't,4t0
1,1 7t,1 12,400
5,504,326,590570,t64,000
I 8.443.617.583
l,l7l,I t2,400S 5O,l ?26 5SO
5?0,t64,00018.443.617.583
NotB Prrticuhn Rcf.Noae
AEounl in TrkComlidatcd Brnk
2ols | 2Ot4 201s | 2Ot4
19.03.02 Payeblc outddc Benglrdch @ivirionel ollicewi*)Dhaka-l
Dhaka-2
Chittagong
Khulna
Comilla
FuidpuRajshahi
Rmgpu
BilislSylhet
Mymosing
Ovcncg Bnnchs
20.00 IncoE. Ststcmc[t
14,367,t90
5,306,146,304
16, I 90,550
167,021,846
16,23t,778,663
597,235,138
t,t94,474,O00
24,182,000
14,367,890
5,306,746,304
16,190,550
t6,231,778,663
597,235,138
t,t94,4't4,000
24,ttz,000
395,947,782395,947;1t2 167,021,t46
5,504J26i590 It,443,517,5t3 5,504,326,590 18,4la,6r7513
Incomc:
Intfiest discount and similu inome
Dividqd Inome
Fe1 omisionmd brckaage
Gains ls trws rising from dealing witicGains ls Lps rising &om hvcstmcnt scuitisGains lx las rising from deling in forcign mciclnmme from non-bmking asrcts
Oths opoating inomeProfit ls lr$ o[ intq€st ratc cbmg6
Erpcns:lntrest, fee and comisionLosss on loms md advmedAsses (ntilgible Assts)
Admhistrativc ilpcMOther opa'*ing expensD€?rwietion on bakitrg ss€ts
Intcrot, diroutrt rnd simihr incomc
IntfiBl in@mc
Disutln@meIntsest in@me otr ts€asury bills, rcvm repo, boads
Intsest on debature
Fcq comision rnd brokcngcFeComisionBrokmge
Administmtivc upcnsSaluir md allowmccs
Rent, Tues, Inmce, Elcdicity etc.
Legal expens
Postage, Stflnps, Tel@muicstion etc.
Statiotrery, Printin& Advqtismat etc.
Mmging Dirrcton' sluy md fmDircctoE f6Auditors'fes
I[a!roa Incomc
On Lom and Advmces
htqesl on balane with oths banks md fmcial insitutios
Intercst rceivcd Aom foreign bu*sOthers
Intsst Inmme of Indim opsatim
Lcss: Intqcsl h@me transfmed io Intsest Suspmse A/C
20.01
20.02
25.00
20.03
2 t.01
2t.02
2t.03
2t.04
69,320.606.423 9,924306,716 69J23.t23.80r 64.70E333.68r
67,s78,690l64 63,0s16t8,301 67,344,tAA,697 62,t21Jr6,s00
fi,t73,432269 51,740,6t2,t77 5t,t7t,432,269 sl,740,682,a77
20.02
20.03
21.00
t,0r5,664,s07 t,777)757,402 7,E24,125,tEg 8,567245,567
10,7&r,047,079 9,153,m4,U5 10,s92$44,t49 9,66E,906,46E
5E,873,432,269
E36,779,227
t,0l 5,664,507
1,261,436,640
533,2%,;-80
51,740,682,87'.1
1,297,03 I,588
t,777,757,402
1,934,304,616
1,174,fiL,;g4
58,813,432,269
83 1,835,943
7,824,125,8E9
1,261,436,640
532,gg3,067
51,740,682,877
t,292,102,1so
8,567,245,567
t,934,304,6t6
1,t73,se8,;71
46,'t46,997,484
6,574,320;il6
10,783,047,079
2,972,t51,693
502,173,592
43,364,st3,849
6,574,320,7t6
9,E53,904,E25
2,772,605,2n
4E6,343,700
46,1t9,|t,5726,574320,716
t0,592,s44,849
2,966,02t,saz
492,889,97t
43,337,37t,644
6,574,320,716
9,668,906,468
2,762,920,637
477,860,035
32,313,077,239
26,554,32t,0M
6,034,026
29,903,879,988
2 I,E36,761,105
41,784
32,313,077,239
26,554,321,004
6,O34,026
29,903,879,9r8
2 1,836,76 l,105
41,784
9,605,893,404
840,473,81 5
34,185,856
78,380,485
209,617,645
7,220,087
4,590,342
2,685,445
8,726,331,t10
783,794,717
33,29t,4t1
74,333,330
219,299,189
8,254,',l07
5,6t9,683
2,910,0r6
9,425,641,2s2
83 1,369,908
34,135,t56
78,093,E93
209,335,1 l67,220,087
4,t12,042
2,6t6,695
E,550,475,795
775,904,540
33,265, t6l73,931,894
2r8,921,922
t,254,707
5,304,933
2,847,516
30,034,729,703
1,992,188,953
t77,075
292,363,E20
39,787,760
26,933,022,005
t,322,29r,040
1,726,175,79t
3s,984,t23
29,991,426,024
t,990,308,722
t1't,075
29t,377,658
39,7t7,760
26,823,367,824
1,319,3 I0,278
t,725,21't,763
35,9t4,123
t2459217,31t 30,017,412,959 t2,31t,O77A39 29,903,879,9EE
45,875,627
20.01
21.01 Lom and Advance:
Loam
OnDmmdOn Small tpmOn Hou* Building Lom (Goaal)
On Hou* Building Lom (Staff)
On Otber StaIILom
On tpu Undq SBICS (Prcj6t)
On Extmrl Crcdit
On Working Capital to IndusEi6 -Hypo
On Worting Capital to Indusries -Pledge
On bm Undq SB Agro brecd Ind. Crcdit Schme
On Working Capital to Agro breed Ind. -Hypo
On Working Capital to Agro bas€d ltrd. -Pl€dge
9a lgricultural Lom
On Miso Ctcdit
On Lom agaist Imported Merchedis (LlM)
On Lom Agabst Trusl Rffiipts (LTR)
On Fore tom against Back to Brck UC
On Bridgc FimeOn Small Busins Lou Schmc
On Speial Small loe ProgmOnTm LMto Bmt md NBFI
olt Probsi Kmo Sugstha Prckalpo
On Education lnan
On Foreign Education Lom
On Sonali Crcdit
OnLmeFimeOn SME Finmc{WC to Ind.Sery.Tmd.)
On SlvtE FinaeOn tom egnin( Idmd Bills
0o Tm Lom to Freedom Fighta
On SmatlTradingLom
On Lpm for UC WES
htercst otr portfolio lom to invstoE
Csh Crcdit
On Csh Crcdit Gmeral-Hypo
Otr Cash Credit Cmsd-Pledge
On Packing Cash Credit
OvcrdnftOn Ovqdnf, tom
Billr Discountcd & Purcbscd
On Paymat againsf DcmatOn Foreign Bills Puchs€d./Discomted{lmort Forcign Bills Puchased/D@mentary-Dmcntary
21.02 Intcroa on bahncc hcld with othcr buks end firelcirt iutiiutiomlntercst on FDR with Othq Bmk
lntffit otr STD with Othq Bank
21.03 Inhrot recivcd fmm forcign banks
On B.H.W. Forcign Bmk
21.04 Othcn Itrfcr6t incoEc
On Advmce Rmt
On Intaest R@wred fiom Interest Suspms A,/c
On htaesl R@vued fom wittm offlomIntsest h@me from SECI
On Oths Interest Income
On Money at Call
3169,6a9,490 3,675i273J3s 3J69,619.490 3,675,2733t5
4,710,248,499 1 t,62s,639,2t1 1 +,tro,z+e,tsel \6s5,63s,2t14,7rg?4t,499 r,69s,639rlr 4,71O,24t 499 1,695,639,21 I
24t,E93,837
9,s46,390
15,726,624
290,974,576
6,803,408
23,681,534
241,E93,83't
9,546,3q)
35,726,624
290,974,576
6,803,40E
23,681,5342t1,t66,t51 321,459,51t 2E7,r66,t5t 321,459,51t
3O,Ot4,729,703 26,9tt,O22,OOS 29,991,426,024 26,823,367,t24
1,992,1tt,9s3 1322,291.040 1.99030r.7!2 lpr9Jl0,278
t77!075 | | t77,o7s
t77$75 177,O75
r,50 1,633
1,470,905
61,329
9E6,t62
50,496,476
237,847,3ts
4,4t5,707
11,272,935
958,028
t,235,167,99s
474,291,126
1,501,633
1,470,905
6t,329
50,496,476
237,E4't,315
4,485,'107
tt,212,9-35
1,235,t67,99s
474,291,t26
Noiq Particul,anRcf.Notc
ADouna in TrkrComolidatcd Brnk
2015 | 2ot4 2015 I zorl
1,5t5,526,395
29,357,E23
23,0t2,781
1,E41,382,693
135,E56,022
2,039,950,130
7,292,963
1,52 1,06 t,016
204.810,396
637,t92,799
t,191,t39,374
676,747,t12
2,2s2,301,369
644,572,t74
7,091,274
4,024,t98,355
t,389,706,368
249,780,627
76,936,413
62,505,970
5,546,856
3,192,3t6
856,755
63,733,236
7,291,946
75t.697.983
707,t02,so9
213,698,272
7,6t6,345
929,251
t59,992,t31
43,303,679
95t,066,188
4t,775,711
47,640, I l31,677,336,147
130,350,325
2,052,743,446
4,230,347
3,118,762,564
269,t1t,878
4t5,61t,746
t,056,42A,286
533,738,009
2,538,856,338
730,822,712
2t3,337,704
4,490,698,215
6t6,554,764
353,32t,603
77,0t7,291
7t,713,W4
3,209,496
9,368,231
970360
586,214
6t,7t9,t684,t44,176
712,595,95A
5t4,762,332
330,870,665
7,942,a66
t,720,101
20t,lo2109,654,181
1,585,526,395
29,357,823
23,Oaz,7A1
1,84 1,382,693
135,856,022
2,039,950, t30
7,292,%3
1,52 I,061,0t 6
204,8t0,396
637,t92,799
t,49t,E39,374
676,747,112
2,2s2,301,369
644,572,874
7,091,274
4,02,1,898,355
1,389,706,36t
249,'t80,627
76,936,473
62,505,970
5,546,E56
3,t92,386
856,755
63,733,236
7,29t,946
751,697,943
707,to2,509
213,698,272
7,686,345
929,2s1
859,992,t3 I
958,066, l8E
41,775,7 t1
47,640,113
1,677,336,147
130,350,325
2,052,741,446
4,230,347
3,tta,762,564
269,8 I 1,878
415,611,746
1,056,428,2E6
533,738,009
2,538,856,33E
730,t22,712
2t3,337,704
4,490,698,2t5
6t6,558,764
353,32t,603
17,0t7,29t
7 t,7t3,OO4
3,209,496
936a,231
970,360
. s86,214
68,789,86r
4,144,t76
1t2,595,95t
5t4,',t62,332
330,870,665
7,942,866
E,720, l0l208,t02
21,567,62+863 2r,240,649,941 2\s2432t,1u 2r,130,995.760
t,975,602,O33
1,347,229,988
146.t57.469
2,236,053,529
t,?78,0s2,805
l6 t,167,001
t,975,602,033
1,347,229,988
146,857,469
2,236,053,529
1,278,052,805
l6l,167,001
l,9x),30t,722
t,tt0,23 I1,3t9,3t0,278
2,gao,762
1,990,30E,722 1,3 19,3 10,278
NoiB Prrticul,anRcf.Noac
Amount in TakaComlidrtcd Bank
2015 2014 20ls I zorl22,00 Intcct prld on deposits and bomwtugs cts
htsest on Deposits
lntqest peid on BomwinBs
Int€rest otr Forcign Bmks AcmutIntsst on othmIntcrct paid m Deposit ed bonowings oflndim opcration
22.01 Itrtcrdt prid on Dcposit!
Fixed deposits
Savings deposits
Short tsm deposits
Dcposit pasion schm€
S.B Sp€isl d€posit & pmion *hmeStaffProvid€nt firdExtemal Credit (Exim Bek India)
Foreign mcy deposis
Call deposit
Smali Deposit Schme
Educatiotr D€posit schme
Medim Deposit Schmc
Rual Deposit Schme
Monthly Eming Schemc
School Bmking ScimeDouble Bmefit Schqne
Daily Profit Schme
Triple Bmefit Scheme
Milliomire Deposit Schme
Rairmmt Swing Scheme
SB RaimmtSaving ScimeNon R6idmt Deposii Sciemc
Sonali lGishak Saving Sctrme
MmiageSaving Schme
Intcr6l p.id on BomingrOn Bmgladash Bmk Dmd h@Call Lom
REPO
Othm
Intcrdt prid on tronign Buks AccoulOn ForcignBmtA,/C
lnicroa prid on oahcE
Charyed on'rVrittm off lnmlrterst paid on CRR
OhsltrtGt
ItrcoEG FrcE hvglmcDtrhtqest on Tmury BillInts6t on Tmury Bond
hterest otr Rws$ Repo
On ilvGmat In@Ee of indim opration
Dcbahrc
Capital gah(los) on sle ofshre (Orm pordolio)
Dividendiamrc& Othm
Commision, Erchugc end BrckcngcComisionExchmge
Brokaage
Comissim ,Exchmge. & Brckaage of Indim Opeation
22.02
23.00
22.O1
22.02
22.O1
22.O4
46t727,224t06l .l:,Ju,l9r2s4 45,699i33t,149 43,2t4,06:r,049
46,554,975,fi2 42,893,420,429 46,554i589,044 42,E9r,2E2,757
7rJ0(t,590 112,E70,m, 43,r{H,t r6 t5,779,620
5,624,524 5,624,524
13,0t2,7E7 zEt,tlg27t 75,032,787 268,913,023
27,424,192,5t1 23,r5tJ4t,750 27,4O0,O14A02 23.r363rr.700
24.Ot
24.02
46,554,975,482
71,303,590
5,624,524
75,032,7E7
20,287,678
42,893,420,429
I t2,870,903
288,tt9,273
r6,0t7,649
46,554,589,044
43,804,t l65,624,s24
75,O32t8't
20,2a7,678
42,893,2a2,757
85,779,620
2t8,9t3,O23
16,047,649
2 1,410,036,550
7,236,645,419
2,540,620,t74
l0,t I t,0t5t1,4t2,645
1,661,094,0E3
8,8t3,15t
4,698,435
1,898,469
7'1,88/,373
u2,965,157
2,00t,6t5,348
19s,718,E70
2,605,731,577
6,3E9,926
5,904,6 15,655
19,41 5,160
260,352,500
569,408,2t7
37,651,393
228,578,597
5,74t,69',1
l,l2t,0t8210,607,976
21,0t2,756,555
6,441,3t2,51 I
3,247,469,898
97,986,064
20,023,531
1,544,954,336
123,5E6
t,341,393
1,04t,026
696,554,550
701,352,699
1,605,076,147
227,246,8t5
2,563,417,11t
4,0t6,919
3,806,40 t,708
42,053.131
144,691,0t5
23t,843,140
62,04t,918
208,169,348
7,445,135
2, I 38,164
146,E09,662
2 1,4 l 0,036,550
7,236,645,4t9
2,540,620,874
10,81 1,015
11,4t2,645
1,660,707,645
8,883,15t
4,69E,435
1,89t,469
77t,8t4,3?3
842,965,457
2,008,685,348
195,71 r,t702,605,731,577
63a9,926
5,904,6 I 5,655
19,41 5,160
260,352,500
s69,408,287
37,6st,393
228,578,597
5,74t,69'1
I,128,018
210,607,976
2t,0a2,756,sss
6,41t3A2,str3,247,469,t98
97,986,064
20,o23,531
1,544,8 16,664
123,5E6
1,34 1,393
1,04t,026
696,554,550
701,352,699
t,605,o76,147
227,246,81s
2,s63,4t7,178
4,0r6,919
3,t06,401,708
42,053,t3t
144,691,01 5
238,143,140
62,04t,918
208,169,348
7,445,t35
2,13E,164
146,809,662
,13,t04,1 l6
27.499.474
46,742,433
39,037,t87
27,09t,283
43,804,1 l6 46,742,433
39,037,t87
38,180
8,955
74,985,652
12,205,630
276,6t3,643
38,180
8,955
74,9A5,652
t2,205,630
276,707,393
5,570,234,411
17,500,306,614
3,483,779,919
7,823,429
6,034,026
19,534,t95
836.779.227
6,026,67t,252
15,204,563,090
605,526,763
7,4t3,66t
4 1,784
10,100,6 l21,297,03 1,588
5,570,234,471
t7,500,306,514
3,483,779,9t9
7,823,429
6,034,026
83 t,E35,943
6,026,67t,252
15,204,563,090
605,526,763
7,413,66t
41,7E4
t,292,102,tso
7,E35,207,135
t,422,120,589
89,876,684
8,572,004,244
2,086,742,179
78.658.347
't,643,668,517
1,422,120,589
89,876,6r4
E,361,492,409
2,086,742,179
7E,658,347
22.03
24.N
Comoision AJC Cn Bd,rnaOn Foreign Bills Pmhrecd/Ncgotiatcd
orr Inlmd DD,MT,TT lsed/CmelledOn lolud DD Pucharcd
Ou Govt. Reives & DisbtllsmatOn Comision on Inlmd UC Opened
On Purchascd & Salc of ShreVsffitiqOn Inlmd Bills & Chcque Collertion
On Inlmd Bmk Gmt€ Issu€d
On Prymmt Ordn
ON Crd &Undwiting Comission
On Incidmtal Chugc & Setdmmt fesOn Lmkas Fm, Profitsblc Mmagmmt fm & Otis fmolr Psymat of Fmd Proffmf,t Bills
orr AmyPmsion
On Civil Pmsion
On Forcign DD,MT,TT Issed Cmelled
On Forcign DD Puciesed/fi Collstion
On Forcign UC Opaed
On Forcign Bills & Chequc Collcction
On Foreign Bank Gua'antee Issued
On Othcrs
On Wage Emc DwclopmatBond
Is: Commision A./C Dn BdinccOtrD€btRmvdy Agmt
24.02 Ercb.ngc
Erchangc grinGain m F. Cmcy TmsactionGainon F.CmryRwalMionGain onOthm
Is: Erchrngc LNForcign Cuacy Rwaluation
Los on Othm
26.N
Ottcr Opcmtirg Incomc
Itofit of Idmic whdows
Profit ofSB UK L,td
Olh6 opcating inmme of India Opsation
RmtRffiivedGain on sles of ssets
Cr. Balme ofPostage & Otha Charge
Retm fiom Prcvisior for BonuSm&ic
SrlrrJ & Alluans'Salric @sic Pay, How Rmt & Otha Allowme)Contibution to Pmsion & Gmtuity FudBank's mributim to provident frmd
Mediel AttmdmE.
Incative Bonus/I,Ionctaqr baefi t/Exgmtia to StaII
Bonus to Stalf
Ovatimc
EmployeTuSalric md allomccs of India operation
rBasic Salary of Managing Director and CEO
27.00 RcDt, Tu,IEunrcg Elctricity, ctsRatTuc
76,530,050
298,259,98
77,063,544
2,542,7r8,2s7
821,130,779
2t7,855,675
E7,511,593
|,983,944262,504, lrr
33,021,329
264.601,498
2t,735,490
t40,o21,745
28,467,632
72,086,5tt
I 1,491,599
9l 5, l2E
325,974,910
8s7,439
t6,039,253
2,470,stt,7t960,620,547
8 1,4 10,502
473,367,502
t5,557,t73
2,116,737,352
2,596,745,853
292,665,219
1o5,780,122
s9,6r4,324
266,346,21r
14,963,914
202,283,086
36,022,083
16t,E0t,565
22,104,641
50,626,269
5,325,839
1,356,197
33,868,040
1,2 l 1,350
4,396,254
t,919,629,561
I t,301,625
7qs30,060
29E,2s9,998
77,063,518
2,s4\73A,257
82t,130,779
2t7,t55,675E?Jl1,s93
I 1,9t3,944
26a5H,l8r,\u6,996
248.IO2,7U
16,628,902
14o..u21,715
2\167,63272,086,58E
I1J91,599
91 5,128
12s974,910
E57,439
16,039,253
2347,824,756
60..620.547
il,410.502
473,367,502
85,557,E',t3
2,116,737,352
2,596,745,t53
292,665,219
105,780,122
59,611,324
266,346,211
13,215,963
173,43t,706
15,7t0,023
168,808,565
22,1O4,641
s0,626,269
5,325,839
3,356,197
33,E6E,040
1,2 I 1,350
4,396,254
1,780,022,|7
I 1,301,625
1r,7E7,7t4 tr8,r3t ta,87,784 1lt,l3t7,63s207,r3s t,572,lJo4244 7$8,ffit,5t7 t)61,492,409
1,261,6E2,061
269,051166.669.5tE
1,933,145,597
1,219,419205 635 020
t,261.682,M1269,05 l
166 55S 518
1,933,t45,597t,2t9,4t9
205.635-020
1,42t,620,700 2,t40,fi,0,036 tJ21620.700 2rr40,000,036
514,472
s,985,639
60,400
53,t97,457
514,472
5,985,639
60,400
53,197,457
6s00rlil 53,2s7,rs7 C500,rll s3ls7,Es7lA22,t2O,St9 2,086,742,179 1,44r2O,$9
533,293,7t0 1,174,530,294 534993,M7
Tk. 3,25,000 and Allowances Tk. 75,000 per month are included in salaries & allowances.
7)UArry4,919 t,s72,t22J,tz 7,6stA56,30t rJ61,610i547
2,08q712,179
6,33s,27t
483,3 14,396
5E3,324
10,351,843
t,222,387
320,33s,166
250.000.000
101,855,t84
1,171,99t,17t
8I
Noas ParticuhnRcf.Notc
AEoutra in TrkrCoBolidracd Brnk
2ors I zou 2ols | 2014
24.01 Comision
7,703,OoE,743
174,15t,8r2
t37,456,160
257,4t3.5tt
641,518,947
42,246,229
49,968,002
6,833,442,607
756,334,789
126,792,675
292,0s9,796
4,25E,460
629,Ot4,730
41,362,874
332,622
42,662,6r7
7,5496,33377+t5t,8t213a56,16025?83,51I
641.578,947
4ao06,487
49p6E,002
6,662,404,233
756,334,?E9
t26,792,675
292,0s9,796
629,0t4,730
4 l,136,955
42.662.617
9,60s,r93,404 r,7261331,170 9,42,5,54t,2s2 ,195
Pow
40 1,5 14,468
17,942,848I68,000
28 1,409, I 28130,133,703
9 305 668
363,723,769t9,761,062
t68,000265,420,3t6122,5E7,t36l7 t14 4?{
393.176,89417942,818
28IJ44,833t2lr599,66t
cfisK
3s6,658.637
19,761,062
265,370,398
G$?::T:etc. oflndim opration
7,Uz,t-23
19, I I 1,7r4
2,066,3t3
150.000,000
354,213,s60
6,335,27r
483,3 14,396
s83,324
10,35 1,843
1,222,3E7
320,335,366
2s0,000,000
1o2187 707
7.U2,1'-23
l9.l I 1,714
2066,383
l5{t 000,000
353-972.U7
Noa6 ParticulemRcf.Notc
Amoutrt in TakrcoEolid.tcd Buk
2ors | 2ot4 2015 2014
28.00 Lcgal upcmoLaw chrgesLaw chrges oflndim opcration
Poargc, Sacmpo' TclcomunicrtionPostag€ &TeleSram, tclex ud fu ctc.
StunpTelephone
Posagq stamps, telmistion of Indim oPqation
Prinling' Stationcryr Advcrtiscncnt' .isStationry & printing
AdvatimmtStationsry, printing ild advertimmt ac. of Indim oPsation
34.1t5.t56 33.291.41r 34,r3srs6 33.26s,161
7EJt0,,l8s 74"333J3j 78,093.E93 719!1,E94
209.617.645 219.299,190 209J3s,r16 2t4,921,922
1.220.Ot7 t.254,707 722O,0t7 8,254.707
8,000 w.e.f. October 2015 per meeting per attendance as per Bangladesh Bank's
2.6E5,445 2,9r0,0t6 2,616,69S 2,t47 j5t6
a70,m9,171 453,60,6,416 462,03s,1m 445,t22,7s0
2.0t9.701 1.743.959 2,0E9.699 1.7'l3.959
77.11E.157 87.674.647 75.E52.561 t6.039.717
31.00 Chicf sautivc'r sdrry rnd fcChiefaotives slary md feChief qecutive's salary md fs of Indim operation
32.00
33.00
35.00
Dimton' Fs & IlonoriumrDirm-tors'fa & HonorimDiffitors f6 of Indim optrstion
*Each Director is paid Tk. 5,000 up to 30 September 2015 and Tk
BRPD Circular no. I I dated 04 October 2015,
AuditoE'f€stBtutory Audit fEAudit fc oflndim opsation
Dcpmirtion rnd Rcpsin rt Brnk's PrcPcrtyDcpmiation:A) Prcmisc (Including Lend & Building)PmisBuilding
B) Dad sackFmihrcEl6fic Instsllation
Computfr SoftwreComputfiHudwrcType Writo Machine
Motor Cu & Other VdricleLibrry
Kolkaa BmchSiliguiBmch
RepsiE:Repais to Bmk's AsstsRepairs to Bmk's res of Indim opaation
Othar crpcnsdRepais to R€nt€d Property
Consultant f6 & Bank Charge
BookmdNwsPTerPay of Polie gwds.Motor Ce Ruing md MaintemeEntqtaimf,tSudricTmveliag Expans & VAT ExpemLuch Subsidy
Donation/SubsoiptionLivqics to StajfSports
YISA.IRFCSR
Cash Transponation
Buiness Developmmt & smputer SoftwueDathrclief Grut firndHonoruim to stalfGmeralor Mshtmanc€StalTwclfue & Mislluous Expms
Cost of Exmtive Ca hm
33,963,812222.O44
33,097,140tgl 272
33,9 l3,tl2222O44
33,070,890t94,27t
8,'196,O93
1,403,O42
6t,765,244,1,4 16,106
4,822,216t,165,677
65,398,270
2.947.168
t,766,4533,247,892
61,623,44.2
4.4 16.106
4,7t5,705950,597
65,24t,4252.947.167
t62,348,21O46,400,961
86t.474
170,437,494
48,08 1,33 I780,965
t62,O83,23446,3t3,40t
a6a-474
t70,135,89248,005,066
780.964
4,800,000
2,420,087
4,800,000
3.454.707
4,t00,0002.420.087
4,t00,0003.454.707
1,571,79212.5s0
5,684,7934,891
4,t19,49212,5s0
5,300,0434,rm
4,sn342 5,6t9,6t4 {,132,042 5J04,933
2,298,750386.695
2,292,5006t7.516
2,230,000?R6 6Ss
2,230,0006 17.5 t6
30,074,7_20 30,993,326 30,o74,7-20 30,993,326
30.071.720 30.993326 30.074,720 30893.326
76,063,64'lI I 1,036,676
7,410,4652 I 5,14r,945
457,8t258,407,701
1,023,919
72,272,20t113,624,717
2t4.154,3t71,446,834
5 1,83 1,808)76 S1S
75,632,797105,941,039
7,306,945214,264,97t
457,8t257,407,707
1.023.91 9
71,t34,625t08,026,t2t
2t2,706,8231,446,t34
50,83 1,E08)7(t \19
t,976,261I 13.434
1,615,020
t28.9391,976,267
113.432l,6l 5,020
128.919
s,070,7041,429,073
23,380,502494,352,175
I I t,916,34750,657,30't
707,637,227
191,402,445
t42,O19,87022,tt2,2t417,305,375
763,7202,580
6 r,089,325r7,56 1,839
t,475,0006,966,3E6
54,643,785
11,322,460
t73,E21,575949,176
75,108,9239.444.928
6,418,9il3,r92,213
20,u9,1t7357,165,I l8104, I 15,04 I48,49r,638
652,214,649t85,622,31686',1,693,916
3 1,684,033
18,0 I 5,093
2,799,46',1
45,329,74867,433,01 I37,4 10,453
I 1,3Et,2004,408,979
54,222,225
r0,91 r,994t14,787,650
19,325,000
14,142,4t77.308.678
5,070,704
23,22t,4s4494,352,175I I 8,916,34750,177,1 u
707,637,227190,689, I t2t40,790, I t021,94t,519t7,305,375
763,7202,580
6 r,089,32516,636,198
8,475,0006,966,386
54,643,7t5I0,256,656
r73,821,575949,t76
75,708,92tourfra
6,418,980
20,7r0,o28357,165,tt7104,1 15,041
47,966,568652,214,649t84,903,3 I I866,474,07631,520,4t8I8,0t 5,093
2,799,467
45,229,14867,433,01136,s 16,8 l3I r,388,2004,408,979
s4,222,2259,r 15,382
I 14,787,650
19,325,000
6'l:l13:l]l
i,,NC
29.00
30.00
34.00
85.E27,998
82
Not6 Particulrn Rcf.Notc
ADount in TrkrConplidrlcd Brnk
20ts 2014 2015 20t,t
170,a52,142 r9,624,60r 156,900,000
3t.00
2,535,5O4,721 2,705,t66,7t6 2,535.fl4,724
3t.01 Provision aginst Off Balme Sheet qpow cllrgc lolo of total olf bdme sheet exposue 6 pq Bmg,ladesh Bmk's BRPD Cimls no.l0 dated l8 Septmbtr 2007.
36.00 PmYfulo[ Agritrrt l{aor rnd AdvmcqProvision for Clsified Lms & AdvuePrcvision for Unclusif€d bm md AdvilgTotal mout of provision madc duing rhe ya
Prevision for diminution in vrlue of invBamctra
Daling rauriticQuoted
Uaquoted
ItrvBhcnt scuritid
Qroted
Utrquoted
Othcr provisionr
Prcvision for othd asets
Provision agaiNt Off Balue Shet apowePrcvision for City Corp. Bond
Provision for loss ofSonali UK Ltd.
Provision for NOSTRO i{/C
Prcvision ftr los on Rwalution of Foreign Cmcy held
Provision for Bonw & Exgratia
Prcvision for los ofSonali Polrics FT Ltd.
37.00
39,00 Cuh Rccivcd frcm Oahcr Opcmtirg ActidtioExchmge
Othu opraring inmme
40.00 PryDGnt for Othcr Openting ActivitiaRatTucInm@Rat, Tu6 InMc€ of India opration
kwChrgePostagc
Stamp
Telcphone
Postage,Stamp,Telephone of Indim opemtiotr
Auditos'F6AdvqtimmtSmionry, Printiry Advqtimat of Indim operation
Diretor Fes
Repais to Bmk's Property
Depmiation
Repain to Bark's Property & Dcprciation of India Opemtion
R€pairs to mted property
Pay ofPolie Guards
MotorCilRmitrgExative Cu Lom
EDtcrtaimai
Sudrics
Traveling hposLmch Subsid
Donation
Liveria to Stalf
Sports
Cadl tsmsportation
Gmqator MaintameVISA-IRF
Expeses Payablc A"tC
CSR
Adjusting A/C
hovisioning Expas to NOSTRO A,tC
Buins Dwelopmat
Dafh Relief Cmt Schme
Rmation ExpussOths cxpas oflndiu opcration
t3,9s2,342 t9,624,6'08
156,900,000 156,900,000
\703,t66,7Ui
1,6t3,t82,26',1
532,993,067
2,2&,532,743
I,173,99t,47 I
1,450,824,s9r
532,993,067
2,132,147,432
t,173,998,471
2,t46,8753t4 3,43t,$rll,t r,983.EU.65t 3J06,14s,903
a,086,674,730
190,5s0,t90
39t,244,902
(2t7,620,s51
E,037,212,22t
190,550,890
2t7,620,5s1
Q87,620,ssta277,22s,620 r03,624J5t 4,227,791,11t
(490,EOO,277
(l l8,e
(173,821,5
(50, r77, l I
( 190,689, l I
(2 r,94 1,5 I
348,244,013
(265,9il,04E
(12,134,415
(32,796,433
(4'1E,071,754
(3s7,165,1 I
(792,026,39t
-tt4606321
(67,433,011
(36,5 l6,E r3
(t4,t42,4t
(77,035,487
(l I 8,9 16,347
(s0, I77,1 r r
(190,619, I I(840,790,1 l0
(2 1,94 t,5( 17,30s,375
(61,0r9,325
(2.580
348,244,013
(12, r34,435
(1,2 l l,4 18,s8 I
74,423,90s
No16 Prfliculrn Rcf.Notc
Amount in TekrCouolidrtcd Bsnk
2O1s | 2ot4 2015 2014
41.00 lncro/(Ihcre)ofottcrAsct!IDvestDmt h Somli llv€simat LimitcdInv6tmcnt h SECI
lrng tm Lom to Subsidiuy Company(SECI).Lmg tm tffi to SIL Dhak&Stampsin hudStrtiotrcry h hmdAdmeRmtBmctrAdjustratSuspffi 8mutDraft Psyablc ammt (Ex-Advie)Govt. Draft Payable Amut (F:-Advie)Prct6bd BillsWage Esm6s' Fund Puchss€d Adj. A,/C.
Agri-tom Other Exp.Exmption A,/C-20O1
Agri-Lom Intcrest Exmpton A'/C-20@l
Adjusting Amut Dcbit BalucrBRDB TCCA Crop llm Paal Int. ExmptionBRDB UCCA Crcp [rans ExqtrptionIn@meTu Deducred st $reSddmmr Accout (tslmic)Denmd Dmfu purclused
Pmior Bill PuctascdPmsion Bill hrcbrsed(Amy)Pasioa Bill Purchased(Civil)
PSP/BSP Etreshnatfuri- Exmption A,/C Alfcacd By Riu ErosionUCCALoa Rmision for Riva EmionNRT A/C Dr. BalmceSEuityMrginIntangible Est6 Vsluation AdjustnentDefared Tu AsstsAmy Pmion Bil.l Puchapd A,/C NcwBRDBTCCA Crop hrc Pmal Int EJrmPionAdvme Paid of Inome TuOvemBmchc
42.fl1 Incrcrre / (Dcmc) of Othcr LiebilitiaClosing othcr lbbilitic:Provision for Clssified IlmPrcvision for Un-Classificd loamInterest Suspense
Branch AdjustnetrtPrcvision against dinini$ing value of investmmtPrcvision forOthqAsssProvision for Comission RruivablcSonali Bmk Employees' Pmion firndSmali BurkEmploym'PDCR Baefit ftndAdjuting A,/C Cr. BalmeSmdry DcpositdH.O)Prcvision for BonuVExgratiaProvision for NOSTRO A/CPrcvision against OffBdme Shet ExporePrcnision for Ilcome TaxInter€st Rffie against Ag'i-lra Intrcs Exmption 2004
BalmeinF.C ClwingA@utBalae Held wi6 Forcign BUL abroad (Cr Balane)Asiu Clwing Union (NOSTRO)Simjgf,j htegratcd Rual DwcJopEat FudForcign Cumcy Fud Puchasd A,/C
Lm from IDA Crcdit No. 765 BD.Foreigo Compondat ChargcExporta Forcign Currency Retmtion QuotaAgro Bred Indusial & Telnology Dev. Proj.
Rcbatc A./C of Tm lrms io NBFIBB Relinane Schme for SML of Tk. l0Opentional A./C RD-9.I.D.A. Credit -3917 B.D.BRDB/IJCCA Crop t m Intt.& P.Inn. Rffie A/C.-194BRDMJCCA Crcp t a Intt.Rffi€ A/C.-2001BRDMJCCA Crcp Lom Inn.& P.Inn. Rewe A/C.-2007Comision RmivablcProvision for City Corpomtion BondPrcvimn for Loss of Sonali Polilis Ff Ltd-
Oths Provision of Indim OpmtionIncome Rrcivable in AdvmeCupm IntGt InomeAsimClwingUnionDiffqmce of otharerueOvasas Bmchs
1,692,745,702 (9,440,r9rJu) 4,7Tr.619,036 (t.tt6.445.932)
(522,s00)7,052,500
2,755,777
10,636,430
32,t76,t22t,01t,644,5921,O02,632,16s
21,963,840I 1,918,476
5,005,976
349,20t,449967,Otz
4,267,420(5rs,278,696)
40,950,277
(r,785,912,802)(3,897,28/"
215,902,418(125,559,37t"
2,220,503,090133,890,923
(2,0tt,12t,764"(336,4611
5,772,616(1,10,r,374,4561
745,3_96
(2,0'n,28t,236"339,O49,723
r?l,6il}6241'
(r80,soo)
Q7s,soo)170,000,000
Q,362,O5s)I 1,930,090
1o,t55,423(E22,805, l0E)
(t,562,937,606)77,9E4,t09
2,528,009(14, r24,963)
(3,849,851,072)(71 1,879)
104,875
9E,074,453
84,247,526278,518,527(t7,58/,202)(t7,24t,311)
1,627,893,9s2(218,063,893)(41 1,332,141)
540,223
271,519(2,14r,880,952)
(745,396)
(2,7s9,698,371\
300,000,000
(207 052.772\
(522,500)7,O52,500
27s5,777I0,636,4303\t76,t22
8,0rq64.,r,5921,0t7,505,799
2il,1x3,840r t,918,4765,005,976
31920E,449967,012
1.267,420
o45278,696)40.9s0,277
(1,785,912,802)(3,8e7,284)
2 15,902,418(r25,559,378)
2,2m,503,O90133,890,923
(2,01I,128,7fl)(336,461)
5,772,636(1,r04,374,456)
745,396
(2,07t,2tr,236)319,O49,723
(tl6 006 )41\
(1r0,500)(275,500)
170,000,000(2,362,O5s)
l 1,930,090
t0,855,423(822,E05,108)
(1,008,485,15E)
77,984,8092,528,009
(14.124,963)(3,149,85 1,072)
(7 I 1,r79)104,t75
98,O74,4s3u,247,526
27A,stE,s27(t7,584,202)(t7,24t,371,
t,627,893,9s2(218,063,8931
(41 r,332,14 ll540,223
271,5t9(2,14t,880,9s21
(745,396"
(2,759,698,377"300,000,000
(207.0s2.771'
(20,77't,422,2-28)
2,423,006,635
(66t,245)
(515,26s,;sz)2,030,0E1,704
Q31,767,728)195,714,032
(1,5s4,4 r 5,6sr)(9,662,s00)
Q4,323,91r)(1,E57,208,207)
624,680(327,t22,387)
I r 1,705
47,490,458
(3,t16,275)
197,'150
700.000.000
t,657,4272,054,1 l5
79,09t,95s
7,034,420(46,062,59t)(4t,444,778)
l 10,839.365
t25,559,3787,600,164
79. r 13.836
(17,949,540,s5 l)
(1,42s,327,894)
(270,2E4)
(3s9,018,247)(4,t30,943,954)
289,372,440(1,5s4,012,0661
15,455,000
(4 5,278,572)21,993,30'.t
324,992,9a7
624,6a03,479,065,E12
(5,544,608)
(146,380,38 l)(9 r,488,s5E)
(8,404,322)
(r,568,827)
9,336,441
(98,074,4s3)
*or*,,-_-*,
(39,632,608)
2,990,035,438207 sio 0R0
(2O,7Tr,422,2_2E)
2,423,006,635
(66t,245"
(s75,268,;52"2,030,0il,704(23t,767,72E"
212,190,614(1,55/r,41 5,658'
(e,662,s00:
(24,323,9tt.o,4s7,20t,2-07"
624,6E0(327,122,3t7"
I I 1,705
47,4$,458(3,1t6,2_15"
197,750
7m,000,000
4,657,4272,054,1 l5
79,091,955
7,034,420(46,062,5911
(11,444,7_78"
r r0,839,36512s,559,378
7,600,t6t
(r7,949,540,55 lj
(t,425,327,894"
Q70,284"
(359,07t,247'(4,830,943,9s4'
35t,5 14,037(1,s54,012,066'
15,455,000
(45,27t,572:.
2t,993,307324,992,987
624,6803,479,065,812
(s,s44,6081
( r46,380,38 ll(9t,48t,5sEl
(8,404,122"
(8,568,827)
9,336,441
(98,074,4531
(u,247,526"
.
- (3e,632,;08)Kharr
fig.6t __.a_iala4!p?9
WTH:- '^@f-t ACCS;_.,//"
*lG
84
r
Not6 Particulan Rcf.Noac
AmouDt in TrktConsolidracd Bank
2015 2014 2015 20t4Cash and crh cquivalcnts
Cash in hmd (Including foreign cmry)Csh at Bmk
Balme with Bmgladmh Bmk
Money at call on short notieBalme hcld with othq bmkGoYt. E6ry bills
Prire bonds in had
Eamiags pcr Sharc (EPS):
Net prcfit rfts tar
Wcightcd rmge nmba of ordinaqr shuc outstmding
EmingsFr$re(EPS)
Wcighted evcmgc nmbcr of ordinery shrE ou6t ndingI 12,500,000 Ordinary shuc outslandirg for 365 dals (201,1)
19,500,000 Ordimry shffi outstmditrg for 139 days (2014)
383,000,000 Ordinily drrc outstading for 365 days (20t5)
229,9O5,796,5tO 1E2,2r0,60t,049 229,649)20,692 tE1,917,444,942
3tn,000,000 tt8A73,97t
5,854,843,846
2 16,4?5,8 lt64,622,782,t24
4,521,7tz,O@
28,572,O59,359
t26,015,844,363
102,078,300
6,866,617,666
293,156,t07
46,515,456,480
9,225,5A2,O00
39,t38,384,042
79,355,903,279
I 15,50 r,476
5,8s4,843.846
64,622,782,a24
4,521,7t2,O00
2t,s72,O59,3s9
126,Ot5,84/.,363
102,078.300
6,t66,6t7,665
46,5 15,456,480
9,225,582,000
39,838,384.042
79,355,903,279
I 15,501,476
548,423,a87
3t3,000,000
5,978,33t,561
188,473,973
s86,498,262
383,000,000
6,O54,643,526
188,473,973
3t3.000.000
I 12,500,000
75,973,9-73
383,000,000
I 12,500,000
75,973,9-73
1.43 tt.72 1.5:t
45 Committce
Audit Committee of Sonali Bank Limited has been constituted by the Board of Directors as per BRPD Circular No. 12 dated 23December 2002 comprising the following members:
Duties and Responsibilities of the Audit Committee:
i) To Evaluate intemal control, risk management, computerization and system of MIS of the bank
ii) To review annual financial statements of the bank and exchange views with extemal auditors and Bank management in theregard.
iii) To consider if the recommendations made by intemal & Extemal Auditors are in order to develop intemal control stratery bythe Bank Management.
iv)To review as to whether the rules and regulation made by contolling authorities like Bangladesh Bank and other regulatorybodies are duly followed
v) To appraise the Bank's Board ofDirectors regarding Lapses and errors/ Frauds & Forgeries/ other inegularities detected byintemal auditors, external auditors & Bangladesh Bank inspection team and corrective measures taken for the purpose ofeffectivecontrol.
During the year 2015 the Audit Committee has conducted 15 (Fifteen) meetings in which, among others, the following issues werediscussed:
i) Comprehensive inspection reports ofBangladesh Bank including status ofcompliance thereof.
ii) Inspection reports of branches/Head Office conducted by Bank's internal inspection team.
iii) Financial Statements of the Bank
iv) Halfyearly accorurts of2015 ofthe bank
v) Status of compliance of different rules and regulations
Annual financial statements have been discussed with the Extemal Auditors in the Audit Committee meeting held on 28 April2016.
Rclated Party Disclosures
Name of the Board of Directors and the entities in which they had interest as at 3l December 2015
46
st.No.
NameStatus in the
BankStatus with the committee Educational qualification
I Mr. Mohammad Muslim Chowdhury Director Chairman M.Com (Accouting)
2 Md. Shaheb Ali Mridha Director Member M.Sc. (Physics)
3 Mr. Kazi Tariqul Islam Director Member B.Sc (Hons.), M.Sc (Physics)
4 Mrs. Sabera Aktari Jamal Director Member M.Sc. (Physics)
sL.No
NameStatus withthe Bank
Name of the firmVCompanies in
which interested as proprietor,partner, director, managing
rgent. quarantor. emolovee etc.
Position No. ofShares
I Mr. Fazle Kabir Chairman Nil Nil2 Mr. Mohammad Muslim Choudhury Director Nit Nil3 h{r. Md. Faziul Haque Director Nit Nil4 IvIr.AKMRezaurRahman Director Nil Nil5 Md. Mahboob Hossain Director Nil Nil6 Mr. Md. Shaheb AIi Mridha Director Nil Nil7 Mr. Md. Kazi Tariqul Islarn Director Nil Nil8 Md. Sabera Alctari Jamal Director Nil Nil9 Mr. Afzal Hossain Director Nil Nir
86
I
IIIII
I
I
Related party(ies) tmnsaction
The bank generally carried out transactions in the ordinary course of its business at arm's length at commercial rate as per
agreements with different related parties. The bank also renders services to the Govemment in various forms, which are not
quantified. However, as of the date of the financial statements the Bank had no transactions with the Director of the Bank as a
related party. During the year, the bank had some quantified hansactions with the Government (Sponsor/Share holder) as defined
on BRPD Circular nol4 issued by the Bangladesh Bank on 25 March 2003 are listed below:
Name of the Related Party Related by Status with the Related Party
TransectionOutstending
Bahrce(Crore)
Remarks
Govemment (Note- I 9.01 )Sponsor/Share
holderConcemed Department of the
Govemment1,886.80
Letter ofGuarantee
Government (Note- I 9.02)Sponsor/Share
holderConcemed Department of the
Govemment22,975.28 Letter of Credit
Jatio Shanchaya Bureau (Note-9.8)Sponsor/Share
holderConcerned Departrnent of the
Govemment3l l.l8 PSB/BSP
Encashment
Government (Note-9.8.)Sponsor/Share
holder
Concerned Department of the
Govemment512.58
Pensionbills(Army)
Government (Note: 9.8)Sponsor/Share
holderConcemed Department of the
Govemment483.r0
Pensionbills(Army)
New
Government (Note: 9.8)Sponsor/Share
holderConcerned Departrnent of theGovemment
129.51Pension
bills(Civil)
Power Development BoardSponsor/Share
holder
Concemed Departrnent of the
Covemment5,853.42
Non Funded
Loan
Bangladesh Petroleum Corp.Sponsor/Share
holderConcemed Department of the
Govemment392.87
Non Funded
Loan
Bangladesh Agricultural Development
Corp.
Sponsor/Share
holderConcerned Department of the
Govemment1,006.23
Funded & NonFunded Lnan
Bangladesh Sugar & Food Ind. CorpSponsor/Share
holderConcemed Department of the
Govemment2,792.06 Loan
Electric Generation Company Ltd.Sponsor/Sharc
holder
Concerned Departrnent of the
Govemment705.34
Non Funded
Loan
Directorate of Foo4 Food MinistrarySponsor/Share
holderConcemed Department of theGovemment
389.98Funded & NonFunded l,oan
Bangladesh NavySponsor/Share
holderConcemed Department of the
Governmentt,069.21
Non Funded
Loan
Bangladesh Coast GuardSponsor/Share
holderConcerned Department of the
Govemment935.00
Non Funded
Loan
Bangladesh Atomic Enerry CommissionSponsor/Share
holderConcerned Department of theGovemment
3,001.60Non Funded
Loan
Bangladesh Chemical lndustries Crop.Sponsor/Share
holderConcemed Department of theGovernment
2,348.98Funded & NonFunded Loan
Bangladesh RailwaySponsor/Share
holderConcerned Department of theGovernment
6l1.10Non Funded
Loan
Bangladesh Water Dev. BoardSponsor/Share
holderConcemed Department of the
Government626.20
Funded & NonFunded Loan
All Directorates & Deparhnent (Directoratr
Generalr4&&nse Purchase)
Sponsor/Share
holderConcerned Department of the
GovemmentI14.s6
Non Funded
Loan
7<,Y
am 87 ffitri ,naka I
\..)t.D
\ SaFcco9 ,-v,:,
47
Name of the Related Party Related by Status with the Related Party
TransactionOutstanding
Balance(Crore)
Remarks
Bangladesh Election CommissionSponsor/Share
holderConcemed Department of the
Government534.96
Non Funded
Loan
Bangladesh Jute Mills CorporationSponsor/Share
holderConcemed Department of the
Government132.23 Funded Loan
Rural Electrifi cation BoardSponsor/Share
holder
Concemed Department of the
Govemment126.65
Non Funded
Loan
Sonali Exchange Co. N.Y. (note 9.1) The Bank Subsidiary Company 7.46 lnvestrnent
Sonali Exchange Co. N.Y. (note 9.1) The Bank Subsidiary Company 10.65 [,oan
Sonali Inveshent LTD. (note 9.1) The Bank Subsidiary Company 200.00 Investment
Sonali Bank (U.K.) Ltd (note 6.2) The Bank Associate 149.23 Investlnent
48 Event after the Balance Sheet date
No circumstances have arisen since the Balance Sheet date, which would require any adjustments or disclosure to be made in the
Financial Statements.
88
t. Balance with Bangladesh Bank and its agent bank(s) AS on 31 December 2015
a) Local Currency
Difference appeared in between the balance as per Bangladesh Bank and Sonali Bank Ltd. due to reconciliation gap.
No. ParticularsAmount in Taka
As per Sonali Benk As per Bangladesh Bank
I Head Oflice 5l ,332,330,480 53,364.556.946
2 Local Office 9,1 67,339,1 83 6,328,394,709
3 Barisal Corporate Branch 60,884,099 76,201,146
4 Boera CorDorate Branch 68.028.303 71.296.306
5 Laldiehi Corporate Branch 179.236.958 9l,480,1326 Khulna Corporate Branch 50t,843.622 524,860,283
7 Rangpur Corporate Branch 174.548.363 56,963,285
8 Rai shahi Corporate Branch 62,272.854 62,272,854
9 Sylhet Corporate Branch 29,587,709 28.818,584Iotal 60,576,071,571 60,604,844,245
b) Foreign Currency
No. ParticularsAmount in Taka
As per Sonali Bank As per Bangladesh Bank
I USD 4,029,052,496 1,002,059,677
2 GBP 5,l93,go5 9,706.s39
J EURO 11,522,668 12.844.004
4 I. YEN 942,r84 928,590Total 4,046,711,253 1.025.538.811
89
, nn Investment in Government securities classified as per Bangladesh Bank's DOS circular No. 05 date 26 May-'"" 2008 and DOS circular No. 05 date 28 January 2009.
a) Held to Maturity (IITM)Amount in Taka
20rs | 2Or4Treasury Bill
9l days Treasury Bill182 days Treasury Bill364 days Treasury BillSub Total
Bond / Other securities
2 years BGTB5 years BGTBl0 years BGTBlSyears BGTB20 years BGTBBJMC
25 years
BPC
Public Debenture
Sub Total
Total
b) Held ForTrading (HFf)
Treasury Bill
9l days Treasury Bill182 days Treasury Bill364 days Treasury BillSub TotalBond / Other securities
2 years BGTB5 years BGTBl0 years BGTBl5years BGTB20 yean BGTBReserve Repo
Bangladesh Bank BillPublic Share-ICB
Sub TotalTotal
0.50 | 24,s4s,874,8750.33 | 3,727,861,070
tll 10,577,970,1050.52 38,851,706,050
14,4t8,216,668 | 10,597,tn,60234,109,943,969 | 19,455,375,73436,7s3,426,28 | 29,037,s02,29416,328,009,042 | 1,259,944,430t6,662,782,175 | 8,467,739,3986,425,000,000 | e,425,000,000
434,129,000 | s96,933,00054,164,700,000 | 55,164,700,000
147,900 | 75,147,900179,300,254,976 13E,0E0,666,359
179,300,254,976 176,932.372.408
16,894,720,183 | 18,013,047,80t
23,304,463,906 | l,7g0,967,9ll13,91 7r0,l8l,51054,114,588,363 40,s04,197,229
202.199,064,396 123,728.109.916
6,814,575,880 | s,241,91t,34s38,295,722,095 | 35,211,980,09919,878,404,247 | 16,707,505,6251,837,339,9631 t,+17,529,0615,326,916,609 | s13,742,9553,115,936,729 | 20,556,216,102
7l,901,256,000
913,424,500 | 175,027149,093,476,023 93,223,912,6g7
90
.l.t.tt( :l :l
Sonali Bank LimitOdConsolidated Schedule of Fixed Assets as at 3l December 2015
Particulars
CosUReveluetion Depreciation
Net book value as
on 31.12.2015Balance rs on01.01.2015
Addition duringthc yerr
Deposals/
adjustments
durinq the vear
Balance as on31.12.2015
RateBrlence as on
01.01.2015
Deposals/adjustmentsduring the
year
Cbarge duringthe yeer
Balance as on31.12.2015
Taka Taka Taka Yo Teka Teka Taka Taka
A) Premiscs (Including Land & Buitding):
Premises 30,996,930,898 376,023 30,997,306,921 2.50 244,459,791 30,074,720 274,534,517 30,722,7'.|2,404
Building Construction 671,757,226 219,579,047 23,324 89t,312,949 89r,312,949
Sub total 31,66E,6EE,124 219,955,070 BA24 31,88E,619,E70 244,459,797 30,074,720 274,534,517 31,6I4,085J53
B) Dead Stock:
Fumiture 822,701,897 83,560,95 l 6,753,227 899,509,621 10.00 39r,133,912 5,265,957 76,063,647 461,931,602 437,578,019
Electric lnstallation 778,978,394 72,503,458 25,360,436 826,12r,416 20.00 526,631,563 24,633,174 1tt,036,676 6l 3,035,065 2r3,086,35t
Computer Hardware 1,448,738,840 220,893,364 77,0t5,713 t,592,616,491 20.00 969,282,652 66,714,815 215,148,945 1,t17,716,778 474,899,713
Computer Software 3,025,950 79,46r,2rs 129,600 82,357,565 20.00 2,r0t,230 r29,600 7,810,465 9,842,095 72,515,470
Type Writer Machine 5,883,505 22,903 5,860,602 20.00 s,109,648 246,112 457,812 5,32 1,348 s39,254
Motor Car & Other Vehicle 361,484,890 172,122,086 121,01 6, l0l 412,590,815 20.00 174,276,194 19,969,968 58,407,707 212,713,933 199,876,942
Library 4,986,236 892,443 5,878,679 7.00 r,433,332 t,023,919 2,457,251 3,421,428
Sub total 3,425,799,712 629,433,517 230,297,9E0 3,824,935,249 2,069,968,531 116,959,626 470,009,171 2,423,018,076 1,401,917,177
Total (A+B) 35,094,4E7,835 849,3E8,5EE 230J21,304 35,713,555,120 2,314,42E,32t 116,959,626 500,083,891 2,697,5s2,593 33,016,002,527
C) Dead Stock of overscas Branches:
Kolkata Branch 5,870,948 7,605,324 2,531,882 10,944,390 1,976,267 1,916,267 8,968, I 23
Siliguri Branch 450,502 450,502 t13,434 t13,434 337,068
Sub total 6,321,450 7,605,324 2,531,882 11,394,892 2,089,701 2,0t9,701 9J05,191
Grand Total 2014 (A+B+C) 35,100,t09,286 t56,993,912 232,853,186 35,724,950$12 2,314,428,327 116,959,626 502,173,592 2,699,642,293 33,025,307,720
1 December 2014 34,392,503,139 825,415,171 I 15,551,795 35,102,365,514 1,862,796,117 33,307,374 | 4E6,343,701 2,315,832,444 32,786,534,070
91
I I
l A"ne-r*-n I
I
Sonali Bank LimitedSchedule of Fixed Assets as at 3 I December 2015
I- A-r.*.. -c I
Particulars
Cost/Revaluation Depreciation
Net book value as
on 31.12.2015Belance as on
0r.01.2015Addition during
the year
Deposals/
adjustmentg
during the year
Balance as on
31.12.2015
Rateof
Deprer
letion
Bllance as on
0r.0r.2015
Deposels/adjustmentsduring the
year
Charge duringthe year
Bahnce as on31.12.2015
Taka Taka Teka o/o Take Trka Takr Taka Taka
A) Prunises (Including Land & Building):
Premises 30,996,930,898 376,023 30,997,306,921 5 244,459,797 30,074,720 274,534,5t7 30,722,772,404
Building Constuction 671,757,226 219,579,047 23,324 891,312,949 891,312,949
Sub total 31,568,588,r24 2r9,955,070 23,324 3l.EEE,6r9.E70 244,459r797 30r0741720 274,534F17 31,614,085353
B) Dead Stock:
Furniture 809,181,612 83,543,738 6,330,144 886,395,206 l0 380,41r,019 5,t62,302 75,632,797 450,8E1,5 l4 435,513,692
Electric Installation 7t4,438,679 72,503,458 22,t80,323 764,761,8r4 20 474,479,253 22,885,543 105,941,039 557,534,749 207,227,065
Computer Software 208,350 79,461,zts 129,600 79,539,965 20 208,350 r29,600 7,306,945 7,385,69s 72,154,270
Computer Hardware 1,444,318,969 220,893,364 77,015,713 1,588,196,620 20 966,197,968 66,714,816 214,264,971 1,1t3,748,123 474,448,497
Type Writer Machine s,883,505 22,903 5,860,602 20 5,109,648 246,113 457,8r2 5,32r,347 519,255
Motor Car & Other Vehicle 356,484,890 y12,122,086 121,016,101 407,590,875 20 I 70,836, I 94 19,969,968 57,407,707 20E,273,933 199,316,942
Library 4,986,236 892,443 5,878,679 7 r,433,332 1,023,919 2,457,251 3,42r,428
Sub total 3J35,502,241 629,416304 226,694,784 3,738,223,761 1,998,675,164 115,10EJ42 452,035,190 2,345,6021612 1392,621,149
Total (A+B) 35,004,190J65 849,371,374 226,718,108 35,626,843,631 2243,135,561 115,10E,342 492,109,910 2,620,137,129 33,006,706,502
) Dead Stock ofoverseas Branches:
Kolkata Branch 5,870,948 7,605,325 2,53 r,88 I 10,944,392 r,976,267 1,976,267 8,968,1 2s
Siliguri Branch 4s0,502 450,502 113,432 tr3,432 337,070
Sub totol 6J21,450 7,605"325 2,531,8E1 11,394,t94 2,0t9,699 2,089,699 9p05,195
Grrnd Totrl 2015 (A+B+C) 35,010,511,il5 856,976,699 229,249,9E9 35,63E,238,525 2,243,135,561 115,108J42 494,199,609 2,622,226,E2t 33,016,01 1,697
I December 2014 saJg2,$t,aaal rzs;et,txl lls,ssr,79sl ss,orz,llz,sarl I r,aooJze,asgl ls,lozpzlllzz,geo,orsl z,zll,gzg"szol sz,zez568J6e
92
r I r I .t I I t ,t .t
Sonali Bank LimitedSchedule of Tax Position as at 3l December 2015
I-A"r"-r*-D-_l
Tax assessment of Sonali Bank Ltd. has been completed upto assessmenl year 2002-2003 (Income year uPto 2001) resulting tax refund of Tk.4,263,048,032 in favour of the Bank. As regards latest status of the tax assessments for the income years 2013 and 2014 these are not yet finalised bythetax department.TheBankhassubmittedlncomeTaxRetumsshowinglossofTk.(33,834,071,402),Tk.(31,803,626,934) fortheincomeyear2013and 2014 i.e. assessment years 2014-201 5 & 2015 - 2016 respectively. The loss shown by bank is inclusive of claim of Bad Debts written off and
others. In the income years 1996, 1997 , 1998,2000, 2001,200 4, 2005, 2006, 200'1, 2008, 2009, 2010 & 201 I the tax department did not accept the
claim of Bad Debt written off, Provision.for Ex-gratia, Provision for NOSTRO A"/C., Provision for other Assets, lnterest on securities etc. against which
the bank has filed appeal to the Honorable High Court.
IncomeYear
Assessment
Year
TaxProvision
as perAccntrni
Assessmentmade by
Present StatusAssessed Tax
LiabilitiesPayment of
Advancc TaxRefundable/
(Payable)Remarks
1998 1999-2000 Nil DCT
Reference
Application to the
High CoudNil 442,119,323 424,971,t76 Refundable
1999 2000-2001 Nil DCT Settled Nil 600,818,273 600,818,273 Refundable
2000 2001-2002 Nil DCTReference
Application to the
Hish CowtNil 870,418,795
Adjusted as Demanded
Tax
200t 2002-2003 Nil DCTReference
Application to the
Hieh CourtNil 1,135,489,757 1,135,489,75'l Refundable
2002 2003-2004 Nil DCTUnder processnof
Appeal to Tax898,521,314 712,587,221 185,934,093 Payable
2003 2004-2005 Nil DCTUnder processnof
Appeal to Tax2,414,610,301 588,000,560 2,071,201,t74 Payable
2004 2005-2006 Nil DCTReference
Application to the
Hieh CourtNil 518,028,392 27,46,73,831 Refundable
2005 2006-2007 Nil DCTReference
Application to the
Hieh Court378,0',12,785 438,169,963 60,097,178 Refundable
2006 2007-2008 Nil DCTReference
Application to the
Hieh Court
1,'103,473,4s4 538,154,625 (1,266,536,541 Payable
2007 2008-2009 Nil DCTReference
Application to the
Hish Court2,010,803,744 1,218,137,968 (75,27,63,573) Payable
2008 2009-2010 Nil DCTReference
Application to the
High Court.2,167,49t,869 889,421,612 (132,53,29,52'.1) Payable
2009 2010-20tt Nit DCT
Reference
Application to the
High Court.3,704,472,179 63,51,59,1 l3 (254,00,43,944\ Payable
20t0 20ll-2012 Nil DCTReference
Application to the
High Court.4,116,848,042 l,t 18,523,981 (339,2r,46,471) Payable
20tt 20t2-2013 Nil DCTReference
Application to the
Hieh Couil.5,836,848,604 1,368,957,252 (s,083,262,792 Payable
2012 2013-2014 Nil DCT Appeal to CT 3,306,474,r28 1,459,284,890 (2,070,846,597) Payable
2013 2014-2015 Nil DCT Not yet assessed Not yet assessed 1,524,975,$A Not Yet assessed Not yet assessed
2014 20ts-2016 Nil DCT Not yet assessed Not yet assessed 2,688,870,549 Not Yet assessed Not yet assessed
93.VeaRc,oo)Z\\q., v ".'/,\(Jer ir'-,Z
ffi!
Annexure E
Statement of Non Income Generating Other Assets
A) DOMESTTC BRANCHES
2015Taka
2014
in hand
ionery in hand
'ance Rent
Interest Receivable
mmission Receivable
Exchange Receivable
Rent
a)(es
Law charges
Postage and Telegram
Sundries
Branch Adjustment
Suspense A./C
Income Tax Deducted at source
Drafts Payable account (Ex-Advice)
Drafts Payable Account (Ex-Advice)
Intangible Assets- Valuation Adjustment
Deferred Tax assets
Demand Drafts purchased
Protested BillsBRDB UCCA Crop Loans Exemption-l994
BRDB UCCA Crop Loans Exemption -2001
BRDBUCCA Crop Loans Int. & Panel int. Exemption-20D7
Branch Reconstruction A/C
Pension Bill Purchased(Army)
Pension Bill Purchased(Civil)
Army Pension Bill Purchases A/C New
PSP/BSP Encashment
Loan Exemption Under J.S Reform Proj.94-95
NRT A/C Dr. Balance
Advance Payment of Income Tax
Adjusted Account Debit balance
lntt. Expense Account
Agri-Loan Other Exp.Exemption AIC-2004
-Loan Interest Exemption NC-2004
i- Exemption A/C Affected By River Erosion
Margin
zen Fish Loan Exemption
Loan Remission for River Erosion
I 1,660,140
197,450,446
196,405,966
10,978,473,215
2,946,931,720
6,896,498
2,299,462
11,250
157,179,332
28,979,424,761
582,826,330
13,920,294,359
124,268,933
4,504,363
13,146,441,403
24,383,805,572
548,443,859
295,916,476
934,766,023
672,760,696
50,195
5,125,807,144
1,295,058,385
4,830,979,613
3,117,754,157
5,094,543,083
4,049,276,001
4,326,323,915
585,278,696
125,559,3_78
98,760,600
101,773,510
14,415,917
208,096,976
228,592,099
7,630,407,611
2,591,637,330
35,600,500
733,111
206,384
353,574
621,993,935
36,999,069,353
1,620,332,130
12,134,381,557
149,232,773
16,422,839
19,720,762,718
21,330,881,255
764,346,277
300,922,452
339,049,723
975,776,300
672,760,696
50,195
7,346,310,234
1,429,949,309
2,759,699,377
1,100,625,393
5,094,543,083
967,012
4,267,420
98,424,139
745,396
101,773,51o
124,296,921,402
Sonali Bank Limited, Head Office, Dhaka
Treasury Management Division, LCMD
Investment in Shares (Quoted) as on 3l December 2015
Annexure-F
PARTICULARS
OFINVESTMENTNO.OFSHARE
COST
VALUEPERSHARE
TOTALCOST
VALUE
MARKETPRICE PER
SHARE
TOTALMARKETVALUE
1 2 3 4<2t31 5 6=(2*5)Bank & NBFIIJANATAMF 1,145,150 9.59 10,979,961 4.30 4,924,145ISTPRII\{FMF 207,000 38.83 9,037,293 10.50 2,173,500ABBANK 2,116,513 72.98 154,462,378 20.90 44,235,122ALARABANK 2,051,959 30.82 63,238,277 14.70 30,162,327BANKASTA 2,428,797 27.71 67,290,550 16.50 40,075,151BAYLEASING 547,584 1t9.66 65,s23,266 20.30 I l,l 15,955ICBSONALII 25.000.000 r0.00 250.000.000 5.70 142,500,000BRACBANK 1,160,000 4r.57 48,224,657 48.70 56,492,000CITYBANK 3,396,393 38.51 130,779.s68 20.40 69,286,417DBHISTMF 782.000 15.29 11.957.187 4.90 3,931,900DHAKABANK 2,084,919 33.49 69,817,315 19.70 41,072,995DUTCHBANGL l'79,160 162.25 29,069,402 107.60 19,277,616EBL 13,14'1,466 8.85 116,391,487 28.60 376,017,528EBLISTMF 1,338,196 20.24 27,086,734 4.20 5.620.423EXIMBANK 1,525,987 28.16 42,978,697 8.60 13,123,499FIRSTSBANK l,23g,g7g 28.61 35,472,203 8.80 10,91l,gl5ICB3RDNRB 480,000 14.05 6,743,0s9 4. l0 1,969,000ICBEPMFISI 813,000 16.51 13,425,036 5.90 4,796,700ICBIBANK 5,4l g,loo 10.00 54,181,000 4.s0 24,381,450IFIC 897,633 46.83 42,039,277 21.20 19,029,920IFICISTMF 931,836 I 1.87 I1,058,937 4.40 4,100,079IFILISLMFI 166,500 10.65 l,'773,435 6.30 1,049,950IAMTINABANK 1,233,639 25.8',1 31,916,264 12.00 14,903,669MERCANBANK 4,050,7',l9 29.28 I 18,600,490 10.70 43,343,335MTBL 2,655,909 34.20 90,824,012 r9.50 51,799,256NBL 3,625,865 41.65 151,026,161 9.40 34,093,131NCCBANK 2,795,993 34.75 97,159,967 9. l0 25,443,536ONEBANKLTD 4,432,192 33.20 147,132,199 15.30 67,912,539PFISTMF 271,500 15.01 4,075,204 4.20 1,140,300PREMIERBAN 1,229,154 28.38 34,888,226 8.60 10,570,724PRIMEIICBA 242,000 13.70 3,314,756 4.40 1,064,900PRIMEBANK 916,995 41.54 38,094,650 18. l0 16,597,610PUBALIBANK 9,289,22',1 12.95 120,298.577 21.60 200,647,303RI'PALIBANK 109,705 5.21 571.563 32.30 3,543,472SHAHJABANK 3,801,667 36.39 138,332,943 13.s0 51.322.505SIBL 3,302,882 26.53 87,635,236 14.40 47,561,501SOUTHEASTB 3,862,16',1 39.87 1s3,98s,99s 17.60 67,974,139STANDBANKL 2,125,329 26.09 55,454,254 9.20 19,553.027TRUSTBIMF 800,545 12.71 10,171,230 4.40 3,522,398TRUSTBANK 7,811,952 35.28 275,622,976 24.10 188268.043UCBLA 1,619,197 31.97 51,757,693 21.30 ,^ 34,499,996uni6f,ffi-fii ltd. 267,t33 64.69 17,280,599 20.8V ,igui(Nsso.goe
*ffi 95 fr/,#\-/
PARTICULARSOF INVESTMENT
NO. OF
SHARE
COST
VALUEPERSHARE
TOTALCOST
YALUE
MARKETPRJCE PER
SHARE
TOTALMARKETVALUE
I 2 3 4=(2*3) 5 6=(2*5)UT"TARABANK 941,321 83.58 78.672.616 22.70 21,367,997UTTAIL{IITN 565,931 143.23 81,059,102 60.90 34,465,199Sub Total 123,009,052 3,04E,403,329 1,E71,063,902
Insurance
BGIC 513,476 69;70 35,788,825 16.60 8,523,702GREENDELMF 524.504 12.34 6,474,764 4.70 2,465.t50KARNAPHULI 560,972 87.94 49.320.571 I 1.80 6,618,290PEOPLESINS 99,655 93.4r 9.308.419 16.00 1,594,490
POPULARIMF 1,244,334 8.04 10,000,000 4.20 s.226.203Sub Total 2,942,931 110,892,579 24,427,924
Fuel and Power
DESCO 1,5 99,25 g 109.82 174,530,641 51.80 82,323,564
IAMUNAOIL 148,225 208.95 30,971,178 157.10 23,286,t48KPCL 522,373 84.54 44,160,755 74.90 39,125,738
NATOXG 1,305 100.00 130,500 100.00 130,s00
NAVANACNG 486,558 146.49 71.277.049 49.70 24,191,933PADMAOIL 58,960 371.78 21,920,271 184.20 10.860.432
POWERGRID 776,245 64.64 50,175,716 45.90 35,629,646SI.JMITPOWER 830,640 61.12 50,770,396 39.70 32,976,409Sub Total 4,413,564 443,936,508 248,514368
Manufacture & otherAFTABAUTO 2,067,436 72.5s 150,000,000 63.40 131,075,442
AIMSISTMF 26,055 50.39 1,313,021 19.70 513,284
APEXTAN 30,000 10.00 300,000 128.90 3,867,000
APEXWEAV 51,200 10.00 512,000 10.00 512,000
ASHRAFTEX 364,582 10.00 3,645,820 10.00 3,645,820ATLASBANG 85,3 l3 304.33 25,963,097 161.40 13,769,519
AZADIPRINT 7s6 100.00 7s.600 100.00 75,600BCIL 2,960 100.00 296,000 100.00 296,000BDCOM 708,056 47.27 33.472.894 22.60 16,002,066BEXIMCO 1,508,673 94.63 142,764,036 29.00 43,751,517BSC 1,077 100.00 107,700 332.40 357,995BXPHARMA 348,000 79.66 27,721,332 84.1 0 29,266,800DI]LAMIACOT 16,000 10.00 160,000 6.90 I10,400ECABLES 60,000 10.00 600,000 131.90 7,914,000FBFIF 64,597,379 7.74 500.000.000 6.30 406,963,499GP 232,000 263.08 61.033.423 2s3.00 58,696,000GRAMEENS2 310,484 21.57 6.696.0s7 9.70 3.011.695INTECH 932,725 26.82 25,013,044 12.30 11,472,519
ruTESPIN 30,000 10.00 300,000 51.70 1,551,000LR GLOBAL 5,184,672 9.64 50,000,000 5.50 28,515,696NILOYCEM 98 100.00 9,800 100.00 9,800NTC 43,920 10.00 439,200 619.50 27,208,440PDPRDER 29,243 10.00 292,430 10.00 292.430PIU \ 349,tLg 8.72 3,042,638 4.10 2m1,431,388RAIETEN*Y 347,294 127.95 44,433,383 66.9 )- li@,\zl:,loo
+W 967 !_''.,'til
a
PARTICULARS
OFINVESTMENTNO. OF
SHARE
COST
VALUEPER SHARE
TOTALCOST
VALUE
MARKETPRICE PER
SIIARE
TOTALMARKETVALUE
I 2 3 4=Qt'3') 5 6<2*5)RANFOUNDRY 404,000 153.49 62,008,489 I16.70 47,146,900
ROSEHEAV 4,321 15.00 64,905 15.00 64.905
SAPORTL 372,078 1t7.47 43,709,670 60.30 22,436,303
Sub Total 78,107,431 1,183,974,530 883.191.203
Total Quoted 208,472,890 4,787,206,945 3,027,197,297
Investment in Shares
PARTICULARSOFINVESTMENT
NO. OF
SHARE
COST
VALUEPERSHARE
TOTALCOST
VALUE
MARKETPRICE PER
SHARE
TOTALMARJ(ETVALUE
I 2 3 4<2*31 5 6=(2*S)
Bank and NBFIBD COMM BANK LTD 1,125,000 100.00 I12,500,000 100.00 I12,500,000
Grameen Bank 30,000 100.00 3,000,000 100.00 3,ooo,ooo
IIDFC 732,911 40.50 29,683,820 40.50 29,683,820
Karmasangthan Bank 2,600,000 100.00 260,000,000 100.00 260,000,000
Pubali bu* (former) 51,022 10.00 510,220 10.00 510,220
Sub Total 4,538,933 405,694,040 405,694,040
Manufacturing
Allied Pharma Ltd. 1,000,000 10.00 10,000,000 10.00 10,000,000
S. Jute Yam & Twine 33,790 10.00 337,900 10.00 337,900
Swan Textile Mills 1,022 100.00 r02200 100.00 102,200
Sub Total 1,034,812 10.440.100 10.440.100
Other
Bangladesh Fund 21,300,000 100.00 2,130,000,000 100.00 2,130,000,000
CDBL 9,968,456 14.55 130,485,900 14.55 130,485,900
Orion Infrastu0tures 300,000,000 10.00 3,000,000,000 10.00 3.000.000.000
Paper Convert & Pack 5,000 100.00 500,000 100.00 500,000
SPPCL 271,480 100.00 27.148.000 100.00 27,148,000
SUPCL 178,520 100.00 17.852.000 100.00 17.852.000
Sub Total 330,723,456 5,305,985,900 5.305.985.900
Total Unquoted 336,297,201 5.722.120.040 5.722.120.040
Quoted+Unquoted 544.770.09r 10.509.326.985 8,749,3171337
Share Revaluation (as on 3l-12-14) r,760.009.648)
GRAND TOTAL 8,749,317,337
97
Sonali Bank LimitedHighlights on the overall activities
For the year ended 3l December 2015
Annexure - G
sL.No.
Particulars2015Taka
2014Taka
I
2
3
4
5
6
7
8
9
l0
llt2
13
t4
l5
t6
t7
l8
l920
2t
22
23
24
25
26
27
28
29
30
31
32
Authorized Capital
Paid-up Capital
Total Capital (as per Capital Adequacy)
Capital surplus(defi cit)
Capital Adequacy Ratio
Statutory Reserve
Total Assets
Total Deposits
Total Investment
Total Contingent Liabilities and Commitments
Advance Deposit Ratio
Credit Deposit Ratio
Total Import
Total Export
Operating Profit
Profit after tax and provision
Total Loans and Advances
Amount of classified loans
Percentage ofclassified loans and advances
Provisions kept against classified loans
Provision surplus/(defi cit)
Cost of fund
Income from investment
Interest eaming Assets
Non-interest eaming Assets
Return on investment (ROI)
Return on Asset (ROA)
Return on Equity (ROE)
Earnings per Share
Net assets value per share (NAVPS)
Price Eaming Ratio
Net Operating Income Per Share_
60,000,000,000 |
38,300,000,000 |
39,743,g763rc1
312,9663rcl|
10.08%l
7,601,472379 |
1,026,108,50 5,771|866,012,281,779 |
407,955,474,784 |
251,g52,8g2,g75 |
39.9g%l
87)o%l
200,598,500,000 |
45,431,700,000 |
8,650,955,942 |
586,498,2621
346,346,340,867 |
86,849,700,000 |
2s.08%l
39,652,400,000 |_t7s4%l
27,400,014,4021
708,930,252,000 I
317,178,254,000
7.s0%
0.06%
0.99%
1.53
152.44
N/A
22.59
60,000,000,000 |
31,200,000,000 |
49,785,077,287 |
9,100,807,287 |
D.24%l
7,601,472379 |
934,592,315:146 |
778,042,688,301 |
322,726,926,751 |
22g,g2g,738,014 |
$3s%l84.86%l
300,142,800,000 |
63,525,300,000 |
8,547,339,905 I
6,054,643,525 |
337,554,433)$ |
g6,436,600,000 |
2s.61%l
52,392,580,000 |
17,62s)rc18.0e%l
23,136,318,700 |
637,709,151,000 |
296,883,164,000 I
7.80o/o
0.68Vo
n.05%
32.12
190.96
N/A
45.35
98