Bangladesh Bank

Bangladesh Bank

1. WELCOME Presented By Muklisur Rahman Rubel Shahjalal University of Science and Technology, Sylhet , Bangladesh

2. BANGLADESH BANK

3. Headquarter of Bangladesh Bank

4. Establishment Established: 16 Dec,1972. Previous Name: State Bank Of Pakistan Constitutional Basis: Bangladesh Bank Order,1972 (P.O. No. 127 of 1972) Founder Governor: Mr. A.N.M. Hamidullah ( January 18, 1972 to November 18, 1974) Present Governor: Dr. Atiur Rahman ( May 01, 2009 onwards) Currency: TAKA.

5. Branches Of Bangladesh Bank Motijheel Office Sadarghat Office Barishal Office Bogora Office Chittagong Office Khulna Office  Rajshahi Office Rangpur Office Sylhet Office

6. Former Governors A.N.M. Hamidullah 1972-1974 A.K.N. Ahmed 1974-1976 M. Nurul Islam 1976-1987 Shegufta Bakht Chaudhuri 1987-1992 Khorshed Alam 1992-1996 Dr. Atiur Rahman 2009-present Dr. Salehuddin Ahmed 2005-2009 Dr. Fakhruddin 2001-2005 Dr. Mohamme Farashuddin 1998-2001 Lutfar Rahman 1996-1998

7. Objectives of Bangladesh Bank The broad objectives of the Bangladesh Bank are: a) To regulate the issue of the currency and the keeping of reserves; b) To manage the monetary and credit system of Bangladesh with a view to stabilizing domestic monetary value; c) To preserve the par value of the Bangladesh Taka; d) To promote and maintain a high level of production, employment and real income in Bangladesh; and to foster growth and development of the country's productive resources for the national interest.

8. Vision of Bangladesh Bank To develop continually as a forward looking central bank with competent and committed professionals of high ethical standards. Conducting monetary management and financial sector supervision. To maintain price stability and financial system robustness. Supporting rapid broad based inclusive economic growth. Employment generation and poverty eradication .

9. Mission of Bangladesh Bank Formulating monetary and credit policies. Managing currency issue and regulating payment system. Managing foreign exchange reserves and regulating the foreign exchange market. Regulating and supervising banks and financial institutions. Advising the government on interactions and impacts of fiscal, monetary and other economic policies.

10. Bangladesh Bank Hierarchy GOVERNOR DEPUTY GOVERNOR Executive Governor Economic Advisor General Manager Systems Manager

11. Board of Directors GOVERNOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR SECRETARY DIRECTOR

12. Functions of Bangladesh Bank Bangladesh Bank performed all the traditional central banking functions including the sole responsibilities of issuing currency, keeping the reserves, formulating and managing the monetary policy and regulating the credit system of Bangladesh and maintaining a high level of production, employment and real income in the country and managing the country’s foreign exchange and the gold reserve. The powers and functions of Bangladesh Bank are governed by various laws and acts including the- Banker's Books Evidence Act 1891, Insolvency Act 1920, Banking Companies Ordinance 1962, Bangladesh Bank Order 1972, Foreign Exchange (Regulation) Act 1986, Money Loan Court Act 1990, Banking Companies Act 1991, Financial Institutions Act 1993

13. General Function: Note issue Preservation of currency value Credit Control Control of foreign exchange Control the money market Development Function: Development of banking sector Development of foreign aid Improving the quality of economic plan Development of natural resources

14. Economic function: Preservation of Govt. fund Receive and Transfer money Financial Transaction Maintenance of Govt. account Issuing loan and its supervision Relationship with foreign banks Beside these- Economic research Data collection Preparation of report and publication

15. Recent reform initiative in Bangladesh Bank Currency management and payment systems Regulatory reforms Supervision of banks and financial institutions Financial inclusion Foreign exchange policy and reserve management Anti Money Laundering and Combating Financing of Terrorism Digital Bangladesh Bank Corporate Social Responsibility Central Bank Strengthening Project

16. Thank You