Year: 2016

Grameen Bank crossed the milestone of disbursing 1 hundred thousand crore Taka loan.

Grameen Bank crossed the milestone of disbursing 1 hundred thousand crore Taka loan on May 31, 2014.  Professor Muhammad initiated the microcredit program by providing 856 Taka loan from his own pocket to 42 poor people of Zobra Village of Chittagong district in the year 1976.Then from 1976 as an action research project under the Economics Department of Chitttagong University, from 1979 as a special project under Bangladesh bank and since October 1983 Grameen Bank has been running its activities as an institution made by a law. At present, Grameen bank is working in all the districts of Bangladesh and having a number of 86,17000 members.

Since inception to August 31, 2014, Grameen bank has disbursed a total loan of 1, 03465 crore taka. This loan has been disbursed to the landless, asset less and poor village people. Analyzing the loan disbursement of Grameen bank of every five years, it is observed that the loan disbursement amount has significantly increased at every five years. For instance, in August 1999, the total loan disbursement since inception was only 11,910 crore taka which reached at 20,796 crore taka in August 2004, an increase of 8,886 crore taka in total. In the next five years in August 2009 the loan disbursement reached at 47,167 crore taka, a total increase of 26,371 crore taka. In the next 5 years on August 2014 the loan disbursement reached at 1,03,465 crore taka , a total increase of 56,298 crore Taka. Continue reading →

Monthly Report: 2016-01 Issue 433 in BDT

Statement No: 1
Issue No : 433, Issue Date : February 07, 2016
Grameen Bank Monthly Update in Taka : January 2016
Sl. No. Particulars Million Taka
1.0 Cumulative Amount Disbursed Since Inception 1,245,502.26
2.0 Cumulative Amount Repaid Since Inception 1,146,606.75
3.0 Amount Disbursed this Month 15,319.15
4.0 Amount Repaid this Month 12,845.93
5.0 Outstanding Loan
5.1 Basic Loan 88,560.60
5.2 Flexible Loan(a) 7,270.51
5.3 Housing Loan 8.63
5.4 Education Loan 2,782.81
5.5 Other Loans 272.96
5.6 Total : 98,895.51
6.0 Rate of Recovery (b) 98.48
7.0 Total Outstanding of Borrowers Missing 5 to 9 Consecutive Instalments (c)
7.1 Basic Loan 119.82
7.2 Flexible Loan 1,124.31
7.3 Total : 1,244.14
8.0 Overdue Loan (d)
8.1 Basic Loan (e) 820.84
8.2 Flexible Loan 1,121.13
8.3 Housing Loan 0.65
8.4 Other Loans 0.00
8.5 Total : 1,942.62
9.0 Microenterprise Loan (Cumulative)
9.1 No. of Microenterprise Loans 7,352,470
9.2 Amount Disbursed 254,370.95
9.3 Amount Repaid 229,082.62
10.0 Balance of Deposits
10.1 Members’ Deposit 118,338.70
10.2 Non-Members’ Deposit 69,384.36
10.3 Total : 187,723.06
11.0 Deposits to Outstanding
11.1 Deposits as Percentage of Outstanding Loans 190
11.2 Deposits and Own Resources as Percentage of Outstanding Loans 207
11.3 No. of Branches with more in Deposits than in Outstanding Loans 2,243
12.0 Beggar Members
12.1 No. of Beggar Members 77,834
12.2 Amount Disbursed (Cumulative) 176.28
12.3 Amount Repaid (Cumulative) 149.42
12.4 Amount of Savings (Balance) 9.46
13.0 Cumulative Number of Village Phones 1,641,240
14.0 Cumulative Number of Houses Built with Housing Loans 697,168
15.0 Life Insurance Fund (Cumulative)
15.1 No. of Deaths Among all Borrowers 177,796
15.2 Amount paid out from Life Insurance Fund 302.42
16.0 Loan Insurance
16.1 Balance in Loan Insurance Savings 9,878.63
16.2 No. of Deaths Among Insured Borrowers (Cumulative) 379,667
16.3 Amount of Outstanding Principal and Interest of the Deceased Borrowers paid out from Insurance Fund (Cumulative) 4,618.04
17.0 Higher Education Loan (Cumulative)
17.1 No. of Female Students 12,637
17.2 No. of Male Students 40,755
17.3 Total : 53,392
17.4 Amount Disbursed (Female) 903.44
17.5 Amount Disbursed (Male) 2,695.69
17.6 Total : 3,599.13
18.0 Scholarship (Cumulative)
18.1 Scholarship Recipient (Female) 133,788
18.2 Scholarship Recipient (Male) 92,196
18.3 Total : 225,984
18.4 Scholarship Amount (Female) 230.93
18.5 Scholarship Amount (Male) 160.23
18.6 Total : 391.15
19.0 Number of Members(f)
19.1 Female 8,506,698
19.2 Male 308,494
19.3 Total : 8,815,192
20.0 Number of Groups 1,358,268
21.0 Number of Centres 142,607
22.0 Number of Villages 81,392
23.0 Number of Branches 2,568
24.0 Number of Branches with Computerized Accounting and MIS 2,568
(a) On the last day of each month, 50 per cent provision is made against the outstanding amounts of flexible loans with age of less than two years, and 100 per cent provision is made against the outstanding amounts of flexible loans with age of two years and more. The portions of flexible loans which complete the third year are written off exactly on the date following their completion.
(b) Amount repaid as a percentage of amount due.
(c) If a borrower misses ten consecutive instalments, the entire outstanding loan is treated as an overdue loan.
(d) On the last day of each month, 100 per cent provision is made against all overdue loans. Entire outstanding amount of overdue loans are written off one year after they became overdue.
(e) In case of one-year loan, if the borrower fails to repay half the loan amount, with interest, within 26 weeks, entire unrepaid amount becomes overdue. In case of loans with longer duration, if the borrower fails to repay the total principal amount and interest scheduled to be repaid within each segment of 26 weeks, entire unrepaid amount falls overdue.
(f) Number of members includes both Beggar Members and Higher Education Loan recipients mentioned in item no. 12.1 & 17.3 respectively.Higher Education loans updated this month.
Note : Current Exchange Rate : 1 US$ = Taka 78.78

Monthly Report: 2016-01 Issue 433 in USD

Statement No: 1
Issue No : 433, Issue Date : February 07, 2016
Grameen Bank Monthly Update in US$ : January, 2016
Sl. No. Particulars Million US$
1.0 Cumulative Amount Disbursed Since Inception 18,478.83
2.0 Cumulative Amount Repaid Since Inception 16,914.37
3.0 Amount Disbursed this Month 194.45
4.0 Amount Repaid this Month 163.06
5.0 Outstanding Loan
5.1 Basic Loan 1,124.15
5.2 Flexible Loan(a) 92.29
5.3 Housing Loan 0.11
5.4 Education Loan 35.32
5.5 Other Loans 3.46
5.6 Total (b): 1,255.34
6.0 Rate of Recovery (c) 98.48
7.0 Total Outstanding of Borrowers Missing 5 to 9 Consecutive Instalments (d)
7.1 Basic Loan 1.52
7.2 Flexible Loan 14.27
7.3 Total : 15.79
8.0 Overdue Loan (e)
8.1 Basic Loan(f) 10.419
8.2 Flexible Loan 14.231
8.3 Housing Loan 0.008
8.4 Other Loans 0.000
8.5 Total : 24.659
9.0 Microenterprise Loan (Cumulative)
9.1 No. of Microenterprise Loans 7,352,470
9.2 Amount Disbursed 3,423.70
9.3 Amount Repaid 3,060.11
10.0 Balance of Deposits
10.1 Members’ Deposit 1,502.14
10.2 Non-Members’ Deposit 880.74
10.3 Total : 2,382.88
11.0 Deposits to Outstanding
11.1 Deposits as Percentage of Outstanding Loans 190
11.2 Deposits and Own Resources as Percentage of Outstanding Loans 207
11.3 No. of Branches with more in Deposits than in Outstanding Loans 2,243
12.0 Beggar Members
12.1 No. of Beggar Members 77,834
12.2 Amount Disbursed (Cumulative) 2.60
12.3 Amount Repaid (Cumulative) 2.16
12.4 Amount of Savings (Balance) 0.12
13.0 Cumulative Number of Village Phones 1641,240
14.0 Cumulative Number of Houses Built with Housing Loans 697,168
15.0 Life Insurance Fund (Cumulative)
15.1 No. of Deaths Among all Borrowers 177,796
15.2 Amount paid out from Life Insurance Fund 5.51
16.0 Loan Insurance
16.1 Balance in Loan Insurance Savings 125.40
16.2 No. of Deaths Among Insured Borrowers (Cumulative) 379,667
16.3 Amount of Outstanding Principal and Interest of the Deceased Borrowers paid out from Insurance Fund (Cumulative) 62.58
17.0 Higher Education Loan (Cumulative)
17.1 No. of Female Students 12,637
17.2 No. of Male Students 40,755
17.3 Total : 53,392
17.4 Amount Disbursed (Female) 12.57
17.5 Amount Disbursed (Male) 37.53
17.6 Total : 50.10
18.0 Scholarship (Cumulative)
18.1 Scholarship Recipient (Female) 133,788
18.2 Scholarship Recipient (Male) 92,196
18.3 Total : 225,984
18.4 Scholarship Amount (Female) 3.16
18.5 Scholarship Amount (Male) 2.20
18.6 Total : 5.35
19.0 Number of Members (g)
19.1 Female 8,506,698
19.2 Male 308,494
19.3 Total : 8,815192
20.0 Number of Groups 1,358,268
21.0 Number of Centres 142,607
22.0 Number of Villages 81,392
23.0 Number of Branches 2,568
24.0 Number of Branches with Computerized Accounting and MIS 2,568
(a) On the last day of each month, 50 per cent provision is made against the outstanding amounts of flexible loans with age of less than two years, and 100 per cent provision is made against the outstanding amounts of flexible loans with age of two years and more. The amount of a flexible loan which completes the third year is written off exactly on the date following its completion.
(b) This figure is not exactly equal to the difference between items 1 and 2 because of difference in conversion rates.
(c) Amount repaid as a percentage of amount due.
(d) If a borrower misses ten consecutive instalments, the entire outstanding loan is treated as an overdue loan.
(e) On the last day of each month, 100 per cent provision is made against all overdue loans. Entire outstanding amount of overdue loans are written off one year after they become overdue.
(f) In case of one-year loan, if the borrower fails to repay half the loan amount, with interest, within 26 weeks, entire unrepaid amount becomes overdue. In case of loans with longer duration, if the borrower fails to repay the total principal amount and interest scheduled to be repaid within each segment of 26 weeks, entire unrepaid amount falls overdue.
(g) Number of members includes both Beggar Members and Higher Education Loan recipients mentioned in item no. 12.1 & 17.3 respectively.
Note : Current Exchange Rate : 1 US$ = Taka 78.78

Monthly Report: 2015-11 Issue 431 BDT

Statement No: 1
Issue No : 431, Issue Date : December 08, 2015
Grameen Bank Monthly Update in Taka : November 2015
Sl. No. Particulars Million Taka
1.0 Cumulative Amount Disbursed Since Inception 1,214,042.36
2.0 Cumulative Amount Repaid Since Inception 1,120,065.85
3.0 Amount Disbursed this Month 15,111.63
4.0 Amount Repaid this Month 13,168.78
5.0 Outstanding Loan
5.1 Basic Loan 83,372.79
5.2 Flexible Loan(a) 7,486.01
5.3 Housing Loan 11.14
5.4 Education Loan 2,833.99
5.5 Other Loans 272.58
5.6 Total : 93976.51
6.0 Rate of Recovery (b) 98.41
7.0 Total Outstanding of Borrowers Missing 5 to 9 Consecutive Instalments (c)
7.1 Basic Loan 175.65
7.2 Flexible Loan 1167.66
7.3 Total : 1343.31
8.0 Overdue Loan (d)
8.1 Basic Loan (e) 737.78
8.2 Flexible Loan 1129.29
8.3 Housing Loan 0.68
8.4 Other Loans 0.00
8.5 Total : 1867.75
9.0 Microenterprise Loan (Cumulative)
9.1 No. of Microenterprise Loans 7,105,039
9.2 Amount Disbursed 245,018.14
9.3 Amount Repaid 222321.51
10.0 Balance of Deposits
10.1 Members’ Deposit 108,257.72
10.2 Non-Members’ Deposit 66,316.98
10.3 Total : 174,574.70
11.0 Deposits to Outstanding
11.1 Deposits as Percentage of Outstanding Loans 186
11.2 Deposits and Own Resources as Percentage of Outstanding Loans 204
11.3 No. of Branches with more in Deposits than in Outstanding Loans 2,231
12.0 Beggar Members
12.1 No. of Beggar Members 78,030
12.2 Amount Disbursed (Cumulative) 175.97
12.3 Amount Repaid (Cumulative) 148.94
12.4 Amount of Savings (Balance) 9.04
13.0 Cumulative Number of Village Phones 1,624,718
14.0 Cumulative Number of Houses Built with Housing Loans 697,129
15.0 Life Insurance Fund (Cumulative)
15.1 No. of Deaths Among all Borrowers 176,280
15.2 Amount paid out from Life Insurance Fund 300.13
16.0 Loan Insurance
16.1 Balance in Loan Insurance Savings 9,530.46
16.2 No. of Deaths Among Insured Borrowers (Cumulative) 371,887
16.3 Amount of Outstanding Principal and Interest of the Deceased Borrowers paid out from Insurance Fund (Cumulative) 4,476.10
17.0 Higher Education Loan (Cumulative)
17.1 No. of Female Students 12,642
17.2 No. of Male Students 40,907
17.3 Total : 53,549
17.4 Amount Disbursed (Female) 1017.68
17.5 Amount Disbursed (Male) 2,551.28
17.6 Total : 3,568.97
18.0 Scholarship (Cumulative)
18.1 Scholarship Recipient (Female) 133,072
18.2 Scholarship Recipient (Male) 91,719
18.3 Total : 224,791
18.4 Scholarship Amount (Female) 217.44
18.5 Scholarship Amount (Male) 151.68
18.6 Total : 369.12
19.0 Number of Members(f)
19.1 Female 8,479,797
19.2 Male 310,816
19.3 Total : 8,790,613
20.0 Number of Groups 1,353,923
21.0 Number of Centres 142,510
22.0 Number of Villages 81,392
23.0 Number of Branches 2,568
24.0 Number of Branches with Computerized Accounting and MIS 2,568
(a) On the last day of each month, 50 per cent provision is made against the outstanding amounts of flexible loans with age of less than two years, and 100 per cent provision is made against the outstanding amounts of flexible loans with age of two years and more. The portions of flexible loans which complete the third year are written off exactly on the date following their completion.
(b) Amount repaid as a percentage of amount due.
(c) If a borrower misses ten consecutive instalments, the entire outstanding loan is treated as an overdue loan.
(d) On the last day of each month, 100 per cent provision is made against all overdue loans. Entire outstanding amount of overdue loans are written off one year after they became overdue.
(e) In case of one-year loan, if the borrower fails to repay half the loan amount, with interest, within 26 weeks, entire unrepaid amount becomes overdue. In case of loans with longer duration, if the borrower fails to repay the total principal amount and interest scheduled to be repaid within each segment of 26 weeks, entire unrepaid amount falls overdue.
(f) Number of members includes both Beggar Members and Higher Education Loan recipients mentioned in item no. 12.1 & 17.3 respectively
Note : Current Exchange Rate : 1 US$ = Taka 78.53

Monthly Report: 2015-11 Issue 431 USD

Statement No: 1
Issue No : 431, Issue Date : December 08, 2015
Grameen Bank Monthly Update in US$ : November, 2015
Sl. No. Particulars Million US$
1.0 Cumulative Amount Disbursed Since Inception 18,079.49
2.0 Cumulative Amount Repaid Since Inception 16,577.47
3.0 Amount Disbursed this Month 192.43
4.0 Amount Repaid this Month 167.69
5.0 Outstanding Loan
5.1 Basic Loan 1,061.67
5.2 Flexible Loan(a) 95.33
5.3 Housing Loan 0.14
5.4 Education Loan 36.09
5.5 Other Loans 3.47
5.6 Total (b): 1,196.70
6.0 Rate of Recovery (c) 98.41
7.0 Total Outstanding of Borrowers Missing 5 to 9 Consecutive Instalments (d)
7.1 Basic Loan 2.24
7.2 Flexible Loan 14.87
7.3 Total : 17.11
8.0 Overdue Loan (e)
8.1 Basic Loan(f) 9.395
8.2 Flexible Loan 14.380
8.3 Housing Loan 0.009
8.4 Other Loans 0.000
8.5 Total : 23.784
9.0 Microenterprise Loan (Cumulative)
9.1 No. of Microenterprise Loans 7,105,039
9.2 Amount Disbursed 3,304.98
9.3 Amount Repaid 2,974.29
10.0 Balance of Deposits
10.1 Members’ Deposit 1,378.55
10.2 Non-Members’ Deposit 844.48
10.3 Total : 2,223.03
11.0 Deposits to Outstanding
11.1 Deposits as Percentage of Outstanding Loans 186
11.2 Deposits and Own Resources as Percentage of Outstanding Loans 204
11.3 No. of Branches with more in Deposits than in Outstanding Loans 2,231
12.0 Beggar Members
12.1 No. of Beggar Members 78,030
12.2 Amount Disbursed (Cumulative) 2.60
12.3 Amount Repaid (Cumulative) 2.15
12.4 Amount of Savings (Balance) 0.12
13.0 Cumulative Number of Village Phones 1624,718
14.0 Cumulative Number of Houses Built with Housing Loans 697,129
15.0 Life Insurance Fund (Cumulative)
15.1 No. of Deaths Among all Borrowers 176,280
15.2 Amount paid out from Life Insurance Fund 5.48
16.0 Loan Insurance
16.1 Balance in Loan Insurance Savings 121.36
16.2 No. of Deaths Among Insured Borrowers (Cumulative) 371,887
16.3 Amount of Outstanding Principal and Interest of the Deceased Borrowers paid out from Insurance Fund (Cumulative) 60.78
17.0 Higher Education Loan (Cumulative)
17.1 No. of Female Students 12,642
17.2 No. of Male Students 40,907
17.3 Total : 53,549
17.4 Amount Disbursed (Female) 14.02
17.5 Amount Disbursed (Male) 35.70
17.6 Total : 49.72
18.0 Scholarship (Cumulative)
18.1 Scholarship Recipient (Female) 133,072
18.2 Scholarship Recipient (Male) 91,719
18.3 Total : 224,791
18.4 Scholarship Amount (Female) 2.99
18.5 Scholarship Amount (Male) 2.09
18.6 Total : 5.07
19.0 Number of Members (g)
19.1 Female 8,479,797
19.2 Male 310,816
19.3 Total : 8,790613
20.0 Number of Groups 1,353,923
21.0 Number of Centres 142,510
22.0 Number of Villages 81,392
23.0 Number of Branches 2,568
24.0 Number of Branches with Computerized Accounting and MIS 2,568
(a) On the last day of each month, 50 per cent provision is made against the outstanding amounts of flexible loans with age of less than two years, and 100 per cent provision is made against the outstanding amounts of flexible loans with age of two years and more. The amount of a flexible loan which completes the third year is written off exactly on the date following its completion.
(b) This figure is not exactly equal to the difference between items 1 and 2 because of difference in conversion rates.
(c) Amount repaid as a percentage of amount due.
(d) If a borrower misses ten consecutive instalments, the entire outstanding loan is treated as an overdue loan.
(e) On the last day of each month, 100 per cent provision is made against all overdue loans. Entire outstanding amount of overdue loans are written off one year after they become overdue.
(f) In case of one-year loan, if the borrower fails to repay half the loan amount, with interest, within 26 weeks, entire unrepaid amount becomes overdue. In case of loans with longer duration, if the borrower fails to repay the total principal amount and interest scheduled to be repaid within each segment of 26 weeks, entire unrepaid amount falls overdue.
(g) Number of members includes both Beggar Members and Higher Education Loan recipients mentioned in item no. 12.1 & 17.3 respectively
Note : Current Exchange Rate : 1 US$ = Taka 78.53
Message From Managing Director

Message From Managing Director

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