2015-08-02
Added · Updated
Scheduled banks in Bangladesh must now submit Portfolio Investment returns using the newly designed RITs T_ME_M_PORT_INV and T_ME_M_PORT_SURVEY on a monthly basis, replacing the previous quarterly requirement. These returns must be uploaded to the Bangladesh Bank’s web portal within 15 days following the reference month, and a copy of the uploading confirmation page must be enclosed with the relevant month’s forwarding. This instruction supersedes the timeline indicated in StD Circular No-03/2014 and comes into force immediately.
Statistics Department Bangladesh Bank Head Office, Dhaka Website: www.bb.org.bd StD Circular letter no.-02/2015 Dated: August 2, 2015 Managing Director/CEO All Scheduled Banks in Bangladesh Dear Sir, Submission of Portfolio Investment return related RIT (T_ME_Q_PORT_INV & T_ME_Q_PORT_SURVEY) on monthly basis instead of quarterly. According to Statistics Department’s circular (StD Circular No-03/2014, Date: 12 May, 2014), banks are submitting Portfolio Investment (PI) return related RIT’s (T_ME_Q_PORT_INV & T_ME_Q_PORT_SURVEY) to this department on quarterly basis . On the other hand, according to guidelines indicated in Foreign Exchange Vol-1(Chapter 14 para 24(x), page no 135), banks are submitting return (Appendix 5, page no 74) regarding NITA A/C transactions to Foreign Exchange Investment Department (FEID) on monthly basis. The decision has been taken to collect PI data on monthly basis by newly designed RIT (T_ME_M_PORT_INV & T_ME_M_PORT_SURVEY) due to similarities of return between quarterly PI of Statistics Department and monthly NITA based statement of FEID. In this connection, newly prepared RIT’s (T_ME_M_PORT_INV & T_ME_M_PORT_SURVEY) will have to upload to the Bangladesh Bank’s web portal within 15 days following the reference month instead of timeline indicated in previous Statistics Department’s circular (StD circular no.-03/2014, dated May 12, 2014) and enclose the copy of uploading confirmation page with the relevant month’s forwarding. The instructions shall come into force immediately. Please acknowledge receipt and bring the contents of this circular to the notice of all concerned. Yours faithfully Sd/- (Saiful Arefeen) Joint Director Phone: 9530010-75/3083
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