presentation on bangladesh bank

Presented by Group 07

• Md. Nazmus Sakib• Kamrun Naher Mithila • Md. Sunzid Rahman • Jannatul Ferdous • Asadullah Al Galib Siam• Joseph Rayhan• Md. Kamrul Hasan• Safina Ahmed Tory

19-02719-05419-03719-02119-04119-03619-02219-048

IntroductionCentral bank of

Bangladesh

Came Into

Existence In 1971

Ten officesHead office at Motijheel

Vision and

Mission

Vision Mission

Poverty eradication in Bangladesh

Formulating monetary & credit policies

Maintain price stability & financial system

Managing currency issue regulating payment system

Being competent and committed professionals of high ethical standards

Managing foreign exchange & regulating foreign exchange

Functions of Bangladesh Bank

Formulation and implementation of monetary and credit policies

Regulation and supervision of banks and non-bank financial institutions

Promotion and development of domestic financial markets

Management of the country's international reserves

Issuance of currency notes

Acting as banker to the government

Money Laundering Prevention

Collection and furnishing of credit information

Implementation of the Foreign exchange regulation Act

Managing a Deposit Insurance Scheme

Credit Control

Quantitative Methods

•Bank rate•Open market policy•Reserve requirement

Qualitative Methods

•Moral persuasion •Publicity•Restriction of purpose

Recent economic developments achieved by Bangladesh Bank

• Unharmed by the global financial crisis

For the past nine months average inflation has steadily declined from 10.96% in

February to 8.74% in DecemberPoint to point food inflation fell from 10.9% in January 2012 to 5.57% in October 2012

Bangladesh achieved 6% growth between FY09 and FY11 in spite of global financial crisis

• Gross foreign reserves were around $12.8 billion in end December 2012 and equivalent to about 4.0 months of import cover

• Balance of payments pressures were eased with the more restrained monetary policy regime

• Green Banking

• Newly added service of Bangladesh Bank• Socially responsible, ethical, sustainable bank• Achieved profound success to implement

green banking system in our daily activities• The guidelines of Environmental Risk

Management is a part of green banking