Regulatory Alerts2024-12-22
Added
STD Circular No. 02: Reporting of loan classification in SBS-3 and Loans and Advances Distributed by Rate of Interest Statement
The circular mandates that all scheduled banks operating in Bangladesh report loan classification data using specific codes in the SBS-3 and Loans and Advances Distributed by Rate of Interest statements. This requirement applies to quarterly reports starting with the April-June 2025 period and monthly reports starting with June 2025. The directive implements the three-tier loan classification system introduced by the Banking Regulation and Policy Department in November 2024.
50119 Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh. Statistics Department Statistics Department Circular No. 02 07 Poush 1431 Date: --------------------- 22 December 2024 Managing Director / Chief Executive Officer All Scheduled Banks operating in Bangladesh.
Dear Sir,
Context of Loan Classification in SBS-3 and Interest Rate Statement.
In accordance with the Banking Regulation and Policy Department's Circular No. 15 dated November 27, 2024, the classification of loans has been divided into three categories. In this context, the following instructions are provided for collecting information related to SBS-3 and the Interest Rate Statement:
a) The following codes must be used to provide information regarding loan classification in SBS-3 and the Interest Rate Statement:
| Classification of Loans | Code for SBS-3 | Code for Loans and Advances Distributed by Rate of Interest |
|---|---|---|
| Standard (STD) | 5 | 1001 |
| Sub-Standard (SUB) | 6 | 1002 |
| Doubtful (DOUBT) | 7 | 1003 |
| Loss (LOSS) | 1 | 1004 |
| Special Mention (SMA) | 2 | 1005 |
| Non-Performing (NPA) | 3 | 1006 |
| Other (OTH) | 4 | 1007 |
b) These instructions will be effective for the quarterly report (April-June 2025) and for the monthly report starting from June 2025.
Yours faithfully,
(Ashish Kumar Roy) Director (Statistics) Phone: 9530135