CIB Circular No. 02: Regarding Reporting of Credit Information having Credit Guarantee Facilities as CGS in Credit Information System (CIS)

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Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh website: www.bb.org.bd

Credit Information Bureau

CIB Circular No. 02

Date: 23 June 2024 09 Asharh 1431

Managing Director / Chief Executive Officer All Banks and Finance Companies Operating in Bangladesh Head Office, Dhaka.

Dear Sir,

Regarding reporting of credit guarantee facilities as "CGS" in the CIB database.

Reference is drawn to CGD Circular No.-01, dated: 08/11/2023 of the Credit Guarantee Department on the subject above.

2. Paragraph 4.14 of the aforementioned circular has instructed that when reporting information on loans with guarantee facilities by banks and finance companies to the Credit Information Bureau (CIB) of Bangladesh Bank, it should be recorded as CGS.

3. To this end, instructions are given to report loans with credit guarantee facilities in the CIB database in Real-Time, either as entries or in bulk, by following the 'Domain Table' of 'Contract Types' mentioned in "Annexure-A".

4. This directive will take effect immediately.

5. This directive is issued under the powers conferred by Article 44(1) of the Bangladesh Bank Order, 1972 (P.O No. 127 of 1972).

Enclosure: As described.

Yours faithfully, (Signature) (Munshi Mohammad Waqid) Director (CIB) Phone: 9530133

Phone: 88-02-9550448, 9554896, IP: 88-02-55665001-6, Fax: 88-02-953049, www.bb.org.bd

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Credit Information Bureau

Annexure-A

Contract Type

Used in Contract Data - Body for Record Type: General information for all types of Financing to indicate what type of specific Contract you are providing from the following list.

Table contract Type
Value	Description(EN)
Instalment contracts
MG	Mortgage loan
DI	Demand Loan (Instalment repayment)
PI	Packing Credit (Instalment repayment)
TL	Term Loan
PS	Partially Secured Term Loan
FL	Financial Leasing
OL	Operational Leasing
BM	Bai-Muazzal (Real Estate)
HP	Hire-Purchase
HS	Hire-Purchase under shirkatul Meelk
IJ	Ijara (Lease Finance)
BI	Bai-Muazzal (Instalment Payment)
OI	Other instalment contract
TC	Term Loan - CGS
BO	Bai-Muazzal - CGS
Credit Cards
RV	Revolving Credit
CR	Credit Card (Revolving)
CG	Charge Card (Payable in full each month)
Non instalment contracts
OD	Overdraft
BL	PAD/BLC/BE loan against doc/bills
CP	Cash Credit against Pledge
CH	Cash Credit against Hypothecation
LT	Loan Against Imported Merchandise (LTR)
LI	Loan Against Imported Merchandise (LIM)
DN	Demand Loan (Not Installment)
EX	Export Credit
FB	Export loan against Foreign Bill Purchased
LB	Export loan against Local Bill Purchased
WK	Working capital financing
GU	Guarantee (non funded)
LC	Letter of credit (non funded)
OF	Other indirect facility (non funded)
PN	Packing Credit (Not Installment)

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Credit Information Bureau

MB	Murabaha Bills, Murabaha Bill of Exchange (General) Import Bills
BU	Bai-Murabaha
MC	Musharaka on consignment basis
BC	Bai-Murabaha-commercial
BB	Bai-Muazzal; Bai-Muazzal WES/Bills
MS	Musharaka (General)
TR	Bai-Murabaha-TR
PH	Musharaka (Local Purchase-Hypo)
MP	Murabaha Post Import (MPI)
MT	Murabaha Post Import Trust Receipt (MPITR)
FI	Finance against Imported Merchandise (FIM)
BS	Musharaka Pre-shipment, Bai-Salam
PC	Bai-Muazzal Pre-shipment Credit
OP	Any other Pre-shipment Credit
FN	Foreign Bill Negotiation (FBN)
FP	Foreign Bill Purchase (FBP)
MD	Musharaka Documentary Bills(MDB)
PF	Post-shipment Finance
QA	Quard (All types)
ON	Other non instalment contract
WC	Working capital financing - CGS
BG	Bai-Murabaha - CGS