3.18.

Global Economic Scenario:

Final impact of financial meltdown in the World Economy was at last felt severely in 2008,
which formally, so to say, started with the collapse of world famous financial service
provider the Lehman Brothers Holdings nc! of the "#$! %hen there started the
phenomena called the &redit &runch' unprecedented in World Economy since ()reat
*epression+ of the ,-.0/s of the last century! Economies of advanced countries came
down one after another li0e a house of cards, specially the "#$, which suffered most,
culminated into closed down of several Ban0ing and Financial organi1ations and large
scale retrenchment in employment sector! n order to revive the shattered economy, the
new democratic government of 2resident Barac0 34ama, which came into power with the
slogan of (&hange+, undertoo0 an am4itious economic recovery plan of 8-0 4illion "#
dollar! 3ther European nations have also 4een considering to ta0e similar steps to 4ail
out of this crisis! %he E!"! countries are also negotiating to chal0 out a wor0a4le plan in
this regard!
3.19. Bangladesh Economy:
Bangladesh Economy has a uni5ue character of resilience that always helps in coming
out of adverse situations! %his has 4een proved several times in the recent past either in
the face of devastating floods or ravaging cyclone storms! However, this time the cause of
alarm is different in nature and it is apprehended that country/s economy may suffer ripple
effect of the glo4al slowdown in respect of Foreign Remittance, e6port of manpower and
78), etc! %he newly elected government that came to power through the widely
participated elections of *ecem4er 2008 is aware of this and contemplating various
options to save the nation from the adverse effect of the recession, which include
diplomatic efforts to e6pand manpower mar0et in other parts of the world as well as to
hold the present mar0et 4y persuading the manpower importing nations, searching for
new mar0ets for 78) and efforts to 0eep the flow of remittance unhindered! $n all party
committee has 4een formed to put up recommendation to the government to save our
economy from the grip of this crisis! %he 4usiness community has recently proposed the
government of B*% 9,000 crore to 4ailout! #ome intellectuals, however, see prospect for
Bangladesh in this situation and advised to gra4 the same in time and 4e prepared for
sei1ing the opportunity! However, there was a panic in the minds of the entrepreneurs
regarding economic slowdown, which caused negative impact on industrial sector! $lso
crisis in power sector added to this, there is no indication that the situation would improve
in near future!
3.20. Corporate inormation:
!ate o opening !hanmondi
branch:

2"#0$#2008
$ddress of *hanmondi Branch :uality &enter, ;<<, #atmos=id 7oad, *hanmondi > 7?$, *ha0a!
Branches @;
#ervice &enters 0<
Booths 02
*eposits B*% <9,-0<,99.,,92
nvestment'
)overnment
3thers


B*% 9,,-9,;2;,8<<
B*% ..0,0-0,8,;
3.21. %inancial &ighlights:
#l! Ao! 2articulars Bear under 7eview C2008D
0, 2aidEup &apital B*% ,,;@;,9,@,;;;
02 %otal &apital B*% <,<<0,2@@,20@
0. &apital #urplus? C*eficitD B*% 2@@,.8@,20@
0< %otal $ssets B*% @;,.9@,@2.,;29
0@ %otal *eposits B*% <9,-0<,99.,,92
09 %otal Loans F $dvances B*% <9,..2,988,<9<
0; %otal &ontingent Lia4ilities B*% ,0,-<0,-2;,9<;
08 &redit *eposit 7atio 0!-8'0,
0- 2ercentage of &lassified Loans F $dvances <!,<G
,0 2rofit $fter %a6 F 2rovision B*% 882,2;;,8..
,, $mount of &lassified Loans B*% ,,-02,@8,,000
,2 2rovision Hept $gainst &lassified Loans B*% -,2,-0<,000
,. 2rovision #urplus? C*eficitD E
,< &ost of Fund CGD ,,!9<G
,@ nterest Earning $ssets B*% @.,00;,@-9,228
,9 AonEinterest Earning $ssets B*% <,28;,-2;,<-8
,; 7eturn on nvestment C73D -!;;G
,8 7eturn on $ssets C73$D ,!@<G
,- ncome from nvestment B*% 9.8,09-,908
20 Earning 2er #hare CB*%D @0!20
2, Aet ncome 2er #hare CB*%D @0!20
22 2rice Earning 7atio C%imesD ;!2-
3.22. %i'e (ears %inancial &ighlights )200$#2008*:
2articulars 200< 200@ 2009 200; 2008
$uthori1ed &apital ;@0!00 2@00!00 2@00!00 2@00!00 2@00!00
2aidEup &apital 90;!8, -;@!0< ,20,!;- ,.@2!0, ,;@;!@2
7eserve Fund F 3ther 7eserve ;9,!,8 88<!-0 ,2,@!@8 ,--@!.9 289.!92
E5uity Fund ,.98!-- ,8@-!-< 2<,;!.; ..29!@2 <92,!2<
*eposits ,909-!2. 2,<;8!22 28,<;!.< .<-0,!;; <9-0<!99
Loans F $dvances ,@2,,!,@ 20@..!,. 2<9;8!.9 .298;!;@ <9..2!9-
nvestments <.8@!2. .0,0!<@ .@@2!08 9299!92 9@29!82
mport Business ,.2;<!08 ,92-9!.0 ,;9<9!80 28;;-!2, .8;-9!88
E6port Business @;;,!9@ ;;;9!.0 8@@;!00 -@;;!-2 ,2@22!0<
3perating ncome 228.!.; 2-.2!00 .-,.!,- @29-!0. ;<,;!9<
3perating E6pense ,@92!88 ,-,.!99 29<@!92 .<88!;8 @0@<!,@
3perating 2rofit ;20!<- ,0,8!.< ,29;!@; ,;80!2@ 2.9.!<-
2rofit Before %a6 <<@!@0 98;!90 ,0@9!@, ,.@9!.2 ,;88!-9
2rofit $fter %a6 28@!,9 .@2!08 <;-!22 9;;!,8 882!28
7etained 2rofit ,<!28 ,0!., ;!8. 8!,. @!.<
%otal $ssets Ce6cluding contraD 2,<9-!02 29,,<!,. .29,@!0, <2@22!8@ @;.9@!@2
Fi6ed $ssets 2-;!22 .08!,< .@.!;, @22!00 ;;@!.,
Aum4er of Branches .9 <, <8 @. @;
Aum4er of Employees -2@ ,000 ,,,8 ,2.0 ,<00
Earning 2er #hare <9!-, .9!,, .@!<< .8!@. @0!20
&ash *ividend CGD E ,0!00 ,0!00 E E
*ividend Bonus CGD .0!00 ,0!00 ,2!@0 .0!00 .0!00
7eturn on E5uity C73E GD 20!8. ,8!-. ,-!82 20!2. 2,!;9
7eturn on $ssets C73$ GD ,!.. ,!.@ ,!<; ,!@- ,!@<
&apital $de5uacy 7atio -!0@ -!02 -!;8 ,0!9, ,0!9,
Aon 2erforming Loans as G of %otal
$dvances
;!8; <!82 <!-@ <!,; <!,<
Iolume of Aon 2erforming Loans ,,88!<0 -8,!@< ,2,2!29 ,.@.!., ,-02!@8
$mount of 2rovision $gainst &lassified
Loans
9@0!09 <0@!;@ @2.!@8 9<<!,, -,2!-0
$mount of 2rovision $gainst "nclassified
Loans
,.8!-0 202!,< 282!0- .88!;8 <@9!0;
$mount of 2rovision $gainst 3ffE4alance
#heet E6posure
E E E @,!9- ,0-!<,
$dvance?*eposits 7atio CGD -<!99 -@!90 8;!98 -.!99 -8!;8