পূবালী ব্যাংক লিমিটেডের ২৮তম বার্ষিক সাধারণ সভা গতকাল রোববার গাজীপুরের সফিপুরে রাঙামাটি ওয়াটারফ্রন্টে অনুষ্ঠিত হয়। এতে ব্যাংকের ২০১০ সালের শেয়ারহোল্ডারদের জন্য ৩৫ শতাংশ বোনাস শেয়ার ও ৫ শতাংশ নগদ লভ্যাংশ অনুমোদন করা হয়।
সভায় সভাপতিত্ব করেন ব্যাংকের চেয়ারম্যান সাংসদ হাফিজ আহমদ মজুমদার।
সভায় ব্যাংকের পরিচালক শেখ ওয়াহিদুর রহমান, মঞ্জুরুর রহমান, সৈয়দ মোয়াজ্জেম হুসাইন, এম ফয়জুর রহমান, আহমদ শফি চৌধুরী, ফাহিম আহমদ ফারুক চৌধুরী, মোহাম্মদ কবিরুজ্জামান ইয়াকুব ও মোস্তফা শাহরিয়ার আহমদ, বিকল্প পরিচালক সাবির আহমদ, ব্যবস্থাপনা পরিচালক হেলাল আহমদ চৌধুরী, সিএফও ও মহাব্যবস্থাপক সাঈদ আহমেদ, কোম্পানি সচিব ও মহাব্যবস্থাপক মো. সাঈদ সিকদার এবং ঊর্ধ্বতন কর্মকর্তারা উপস্থিত ছিলেন। বিজ্ঞপ্তি।
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With the government going for increased borrowing from the banking system to meet its budget deficit in the last quarter of the current fiscal, the banks are likely to face additional pressure on their liquidity position.
Financial institutions, particularly banks and non-banking financial institutions (NBFIs) working as primary dealers, will come under fresh liquidity pressure between April and June in fiscal year (FY) 2010-11 (FY11) when the government will be borrowing, at least, an amount of Tk 63.25 billion from them.
The government's net borrowing from all commercial banks and financial institutions through issuing treasury bills (T-bills) and bonds stood at Tk 93.55 billion during July-March period of the fiscal '11, according to the central bank statistics.
During the period, the government borrowed from the banking system up to 60 per cent of its annual borrowing target, which was fixed at Tk 156.80 billion to finance the budget deficit for the FY11.
"The government's borrowing from the financial sector may fluctuate due to seasonal effects," a senior government official, who is familiar with the government's overall borrowing activities, told the FE Sunday.
He also said the rate of implementation of the Annual Development Programme (ADP) normally goes up during by the last quarter of every fiscal year.
"Around Tk 44 billion will be injected to the market during the period under review because of redemption of the T-bills," the official added.
Market players, however, expressed their concern over higher bank borrowings of the government in the current quarter, saying that it will create fresh pressure on the country's money market, adding that the primary dealers (PDs) will particularly be affected.
"Our liquidity constraints will further mount this quarter as the government has decided to borrow more from the country's banking system during the period," a senior member of the Primary Dealers Bangladesh Limited (PDBL) told the FE.
He also said the central bank has allowed only PDs to submit bids in the primary auction of the government securities for the ongoing quarter of this fiscal year.
Currently, non-PD banks and financial institutions can take part in the auction only through the PDs.
Earlier, all banks and NBFIs could directly participate in the primary auction of the government securities without going through the PDs
This newly introduced system may be continued further, subject to its successful implementation, the BB said in its circular earlier.
"This system has been introduced to help broaden, and bring depth to, the secondary market in government securities," the BB added.
The central bank of Bangladesh earlier selected 15 PDs -- 12 banks and three NBFIs -- to handle government-approved securities in the secondary market.
Currently, three T-bills are being transacted through auctions to adjust the government borrowing from the banking system.
The T-bills have 91-day, 182-day and 364-day maturity periods.
On the other hand, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the market.
সভায় সভাপতিত্ব করেন ব্যাংকের চেয়ারম্যান সাংসদ হাফিজ আহমদ মজুমদার।
সভায় ব্যাংকের পরিচালক শেখ ওয়াহিদুর রহমান, মঞ্জুরুর রহমান, সৈয়দ মোয়াজ্জেম হুসাইন, এম ফয়জুর রহমান, আহমদ শফি চৌধুরী, ফাহিম আহমদ ফারুক চৌধুরী, মোহাম্মদ কবিরুজ্জামান ইয়াকুব ও মোস্তফা শাহরিয়ার আহমদ, বিকল্প পরিচালক সাবির আহমদ, ব্যবস্থাপনা পরিচালক হেলাল আহমদ চৌধুরী, সিএফও ও মহাব্যবস্থাপক সাঈদ আহমেদ, কোম্পানি সচিব ও মহাব্যবস্থাপক মো. সাঈদ সিকদার এবং ঊর্ধ্বতন কর্মকর্তারা উপস্থিত ছিলেন। বিজ্ঞপ্তি।
---------------------------------------------------------
With the government going for increased borrowing from the banking system to meet its budget deficit in the last quarter of the current fiscal, the banks are likely to face additional pressure on their liquidity position.
Financial institutions, particularly banks and non-banking financial institutions (NBFIs) working as primary dealers, will come under fresh liquidity pressure between April and June in fiscal year (FY) 2010-11 (FY11) when the government will be borrowing, at least, an amount of Tk 63.25 billion from them.
The government's net borrowing from all commercial banks and financial institutions through issuing treasury bills (T-bills) and bonds stood at Tk 93.55 billion during July-March period of the fiscal '11, according to the central bank statistics.
During the period, the government borrowed from the banking system up to 60 per cent of its annual borrowing target, which was fixed at Tk 156.80 billion to finance the budget deficit for the FY11.
"The government's borrowing from the financial sector may fluctuate due to seasonal effects," a senior government official, who is familiar with the government's overall borrowing activities, told the FE Sunday.
He also said the rate of implementation of the Annual Development Programme (ADP) normally goes up during by the last quarter of every fiscal year.
"Around Tk 44 billion will be injected to the market during the period under review because of redemption of the T-bills," the official added.
Market players, however, expressed their concern over higher bank borrowings of the government in the current quarter, saying that it will create fresh pressure on the country's money market, adding that the primary dealers (PDs) will particularly be affected.
"Our liquidity constraints will further mount this quarter as the government has decided to borrow more from the country's banking system during the period," a senior member of the Primary Dealers Bangladesh Limited (PDBL) told the FE.
He also said the central bank has allowed only PDs to submit bids in the primary auction of the government securities for the ongoing quarter of this fiscal year.
Currently, non-PD banks and financial institutions can take part in the auction only through the PDs.
Earlier, all banks and NBFIs could directly participate in the primary auction of the government securities without going through the PDs
This newly introduced system may be continued further, subject to its successful implementation, the BB said in its circular earlier.
"This system has been introduced to help broaden, and bring depth to, the secondary market in government securities," the BB added.
The central bank of Bangladesh earlier selected 15 PDs -- 12 banks and three NBFIs -- to handle government-approved securities in the secondary market.
Currently, three T-bills are being transacted through auctions to adjust the government borrowing from the banking system.
The T-bills have 91-day, 182-day and 364-day maturity periods.
On the other hand, four government bonds - five-year, 10-year, 15-year and 20-year -are being traded in the market.