Price List
CONTENTS
EXPLANATORY NOTES
A. TABLES

1. Selected Economic Indicators: Tables IA & IB

These figures are based on the following:
(i) Statutory returns/statements and statistical returns submitted by the Deposit Money Banks to the various departments of Bangladesh Bank ;
(ii) Foreign exchange returns submitted by the authorised dealers to the Bangladesh Bank ;
(iii)Weekly Statement of Affairs of the Bangladesh Bank ; and
(iv)Statements and information collected from various government offices and the nationalised sector corporations.

Figures on export receipts and import payments are based on exchange control records supplemented by data in respect of disbursement under loans, grants etc. provided by the Economic Relations Division of the Ministry of Finance.

From June 1995, total deposit liabilities under column 38 is arrived at by aggregating Deposit Money Banks' deposits (excluding inter-bank and BSBL deposits), Wage Earners foreign currency deposits, Resident foreign Currency deposits and other foreign Currency deposit liabilities. Monetary data on advances and investments have been revised form June 2002 onwards .

2. Monetary Survey : Table IIA

The figures of monetary survey are based on liabilities and assets of Deposit Money Banks (DMB) submitted by Head Offices of each DMB to the Statistics Department and the Statement of Affairs of Bangladesh Bank as on the last day of each month supplemented by government transaction with the International Monetary Fund.
Further it is noted here that Monetary survey data for the period June 2002 onwards have been revised according to the recommendations of IMF Mission visited Bangladesh in November 2003.

3. Reserve Money : Components and sources : Table IIB & IIC

The Figures of reserve money are based on liabilities and assets of the Money Authority Account Collected from the Statement of Affairs of Bangladesh Bank.
As noted above Reserve money data have been revised as per recommendations of an IMF technical mission from June 2002 onwards.

4. Monetary Survey (M3) : Table IID

The figures of monetary survey (M3) are based on Liabilities and Assets of Deposit Money Banks (DMB), Liabilities and Assets of Non bank Depository Corporations (NBDC), Liabilities and Assets of Bangladesh Bank (BB) and outstanding amount of National Savings Schemes.

5. Balance of Payments & Foreign Trade:Tables III & IV

The source documents are the records of Foreign exchange Returns submitted by the authorised dealers to Bangladesh Bank> supplemented by information> from the Economic Relations Division of the Ministry of Finance. >Exchange Control records cover the transactions financed by cash while the information obtained from the Ministry of Finance cover transactions financed through foreign aid.

6.Tables V-XIC

The figures in respect of the above tables have been collected from the Bangladesh Bureau of Statistics, Directorate of Agricultural Marketing, Bangladesh Jute Mills Corporation, Bangladesh Jute Mills Association, Bangladesh Jute Association, and various nationalised sector corporations.

7.Table XII & XIII

The figures in respect of the above tables have been collected from Monthly Review published by Dhaka Stock Exchange Limited.

8.Table XIX

This Table includes the monthly weighted average rate of interest on> commercial lending> & deposits of local offices of seven selected banks ; namely Sonali, Janata, Agrani, Rupali, Pubali, BKB and Standard Chartered bank .> The selection of these seven banks has been made on the basis of their volume of total advances & deposits.

9. Table XX

The figures in respect of the above table have been collected from Bangladesh Bank, Specialised Banks, Nationalised Commercial Banks, Foreign Banks and> Private>Banks incorporated in Bangladesh.

10.The statistical tables for which no separate source is indicated are compiled from data generated bydifferent departments of the Bangladesh Bank.

11.A Table- VIII (A) " Consumer Price index and Inflation Rate in Bangladesh" has been introduced considering a new base period 1995-96 Consequently changes in Table- IB under column 1 and 2 have been occurred due to change of base period.



B. TERMS

1.Currency Outside Banks
These represent Bangladesh Bank Notes plus Government Notes/Coins and subsidiary coins in circulation minus cash in tills of Deposit Money Banks.

2.Cash Reserve Requirement (CRR)
This is presently equal to 5% of the Scheduled Banks’ total deposit liabilities. Prior to October, 1987 it was also 5% and thereafter, it was 10% for the period October, 1987 to April 3, 1991, 9% for April 4-24, 1991, 8% for April 25, 1991 to November 29, 1991, 7% for November 30, 1991 to March 31, 1992, 6% for April 1, 1992 to May 27, 1992 5% for May 28, 1992 to September 30, 1999 4% for October 1, 1999 to February 28, 2005 and 4.5% for March 1, 2005. to September 30, 2005.

3. Excess Reserves
These are equal to balance of the Scheduled Banks’ deposits held with the Bangladesh Bank minus their Cash Reserve Requirement (CRR)

4.Total Credit to the Government by theBanking System
(a)Credit by the Bangladesh Bankrepresents :-
i) Overdraft to the Government.
ii) Outstanding ways and means advances.
iii)The Bangladesh Bank’s Holdings of Government securities andtreasury bills (including special adhoc and other special adhoctreasury bills).
iv)The Bangladesh Bank’s holdings of Bangladesh Savings Certificate.
v) Government debtor balance.
vi)Loans to Autonomous and Semi-Autonomous Bodies.

(b) Credit by Deposit Money Banksdenotes :-
i)Total outstanding advances andbills to the Government by the Deposit Money Banks.
ii) Deposit Money Banks’ Holdingsof Government securities andtreasury bills.
iii) Deposit Money Banks’ Holdings of Sanchayapatra and prize Bond.

5. International Reserves
The International Reserves, in line with International Monetary Fund definition, represent aggregate of Bangladesh Bank’s holding of Gold, Foreign Exchange and SDR and Reserve position in the Fund.

6. Foreign Assets (Net)
Figures in respect of Foreign Assets (Net) have been derived in line with the IMF practice. Exports and foreign bills discounted and rediscounted are treated as part of Foreign Assets.

7.Current Account Balance
It is defined as the balance of goods, services, income and current transfers. This definition is in accordance with the 5th edition of the BOP Manual issued by the IMF.

8. Revised Interest Rate policy on Deposits andLending.
Under the programs for financial sector reforms, a new system of interest rate determination was established with deposit & lending rates that better reflect market forces. The main objective of the new interest rate policy is to introduce flexibility into the deposit rates permitting individual banks to establish their own rates fixed by themselves. Banks are however, free to adjust their own rates with effect from February 19, 1997. Further, flexibility in the interest rate policy was introduced from July 12, 1999 permitting banks to differentiate interest rates to individual borrowers for lending to exporters only. For other sectors lending rates would be decided by the banks themselves.
Apart from the general deposit and lending rates, the Islamic Banks in Bangladesh are operating their banking transactions according to the Islamic Shariah systems based on interest-free rate policy. Under this policy, investment-income of the bank is shared with the mudaraba depositors according to a ratio to ensure a reasonably fair rate of return on their deposits which shown in Table No. XVI.