presentation on bangladesh bank
DESCRIPTION
Presentation on Bangladesh BankTRANSCRIPT
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