Financier | Commitments |
---|---|
IDA Credit | 37.00 |
Borrower/Recipient | 9.13 |
P062916
Closed
Shamsuddin Ahmad
N/A
May 10, 1999
(as of board presentation)
June 19, 2003
September 28, 2003
US$ 46.13 million
N/A
2003
US$ 37.00 million
C
Not Applicable
December 31, 2012
BANK APPROVED
January 15, 2013
Financier | Commitments |
---|---|
IDA Credit | 37.00 |
Borrower/Recipient | 9.13 |
Product Line | IBRD/IDA |
---|---|
IBRD Commitment | N/A |
IDA Commitment | 37.00 |
IBRD + IDA Commitment | 37.00 |
Lending Instrument | |
---|---|
Grant Amount | N/A |
Total Project Cost** | 46.13 |
Period | Financier | Transaction Type | Amount (US$) |
---|---|---|---|
Jun 1, 2024 | IDA-37920 | Loan Repay | 636,815.25 |
Jun 1, 2024 | IDA-37920 | Int Charges | 93,134.23 |
Jun 1, 2024 | IDA-37920 | Int Charges | 93,134.23 |
Jun 19, 2003 | IDA-37920 | Loan Commitment | 37,000,000.00 |
Dec 1, 2022 | IDA-37920 | Loan Repay | 9,854.69 |
Dec 1, 2022 | IDA-37920 | Loan Repay | 307,908.22 |
Dec 1, 2022 | IDA-37920 | Int Charges | 84,821.86 |
Dec 1, 2022 | IDA-37920 | Int Charges | 84,821.86 |
Jun 1, 2023 | IDA-37920 | Int Charges | 97,186.88 |
Jun 1, 2023 | IDA-37920 | Int Charges | 97,186.88 |
Jun 1, 2023 | IDA-37920 | Int Charges | 12,979.21 |
Jun 1, 2023 | IDA-37920 | Int Charges | 12,979.21 |
Jun 1, 2023 | IDA-37920 | Loan Repay | 319,956.94 |
Dec 1, 2023 | IDA-37920 | Int Charges | 86,590.35 |
Dec 1, 2021 | IDA-37920 | Int Charges | 106,054.70 |
Dec 1, 2021 | IDA-37920 | Int Charges | 106,054.70 |
Dec 1, 2021 | IDA-37920 | Int Charges | 8,842.89 |
Dec 1, 2021 | IDA-37920 | Int Charges | 8,842.89 |
Jun 1, 2022 | IDA-37920 | Loan Repay | 320,636.16 |
Jun 1, 2022 | IDA-37920 | Int Charges | 101,021.26 |
Jun 1, 2022 | IDA-37920 | Int Charges | 101,021.26 |
Jun 1, 2022 | IDA-37920 | Loan Repay | 3,930.14 |
Dec 1, 2020 | IDA-37920 | Int Charges | 104,965.81 |
Dec 1, 2020 | IDA-37920 | Int Charges | 104,965.81 |
Dec 1, 2020 | IDA-37920 | Int Charges | 1,789.65 |
Dec 1, 2020 | IDA-37920 | Int Charges | 1,789.65 |
Jun 1, 2014 | IDA-37920 | Loan Repay | 370,040.06 |
Jun 1, 2014 | IDA-37920 | Int Charges | 137,583.44 |
Jun 1, 2014 | IDA-37920 | Int Charges | 137,583.44 |
Dec 1, 2014 | IDA-37920 | Loan Repay | 1,573.57 |
Dec 1, 2014 | IDA-37920 | Loan Repay | 350,516.66 |
Dec 1, 2014 | IDA-37920 | Int Charges | 129,393.16 |
Dec 1, 2014 | IDA-37920 | Int Charges | 129,393.16 |
Sep 3, 2013 | IDA-37920 | Loan Disb | -324,701.34 |
Sep 3, 2013 | IDA-37920 | Loan Cancel | 4,751,079.50 |
Dec 1, 2013 | IDA-37920 | Int Charges | 139,292.12 |
Dec 1, 2013 | IDA-37920 | Int Charges | 139,292.12 |
Dec 1, 2013 | IDA-37920 | Int Charges | 1,592.46 |
Dec 1, 2013 | IDA-37920 | Int Charges | 1,592.46 |
Dec 1, 2013 | IDA-37920 | Loan Repay | 369,329.70 |
Dec 1, 2017 | IDA-37920 | Int Charges | 9,283.97 |
Dec 1, 2017 | IDA-37920 | Int Charges | 9,283.97 |
Dec 1, 2017 | IDA-37920 | Int Charges | 115,985.82 |
Dec 1, 2017 | IDA-37920 | Int Charges | 115,985.82 |
Dec 1, 2017 | IDA-37920 | Loan Repay | 341,281.30 |
Dec 1, 2016 | IDA-37920 | Loan Repay | 323,508.97 |
Dec 1, 2016 | IDA-37920 | Int Charges | 114,764.96 |
Dec 1, 2016 | IDA-37920 | Int Charges | 114,764.96 |
Dec 1, 2016 | IDA-37920 | Loan Repay | 2,065.33 |
Jun 1, 2016 | IDA-37920 | Loan Repay | 8,687.88 |
Jun 1, 2016 | IDA-37920 | Loan Repay | 328,787.56 |
Jun 1, 2016 | IDA-37920 | Int Charges | 120,225.66 |
Jun 1, 2016 | IDA-37920 | Int Charges | 120,225.66 |
Jun 1, 2017 | IDA-37920 | Loan Repay | 13,821.90 |
Jun 1, 2015 | IDA-37920 | Loan Repay | 6,290.15 |
Jun 1, 2015 | IDA-37920 | Loan Repay | 327,711.40 |
Jun 1, 2015 | IDA-37920 | Int Charges | 118,671.56 |
Jun 1, 2015 | IDA-37920 | Int Charges | 118,671.56 |
Dec 1, 2015 | IDA-37920 | Int Charges | 2,792.15 |
Dec 1, 2015 | IDA-37920 | Int Charges | 2,792.15 |
Dec 1, 2015 | IDA-37920 | Loan Repay | 330,527.70 |
Dec 1, 2015 | IDA-37920 | Int Charges | 118,989.94 |
Dec 1, 2015 | IDA-37920 | Int Charges | 118,989.94 |
Jun 1, 2014 | IDA-37920 | Loan Repay | 555.02 |
Dec 1, 2020 | IDA-37920 | Loan Repay | 343,778.44 |
Jun 1, 2021 | IDA-37920 | Loan Repay | 347,634.84 |
Jun 1, 2021 | IDA-37920 | Int Charges | 101,678.05 |
Jun 1, 2021 | IDA-37920 | Int Charges | 101,678.05 |
Jun 1, 2021 | IDA-37920 | Int Charges | 5,968.91 |
Jun 1, 2021 | IDA-37920 | Int Charges | 5,968.91 |
Dec 1, 2021 | IDA-37920 | Loan Repay | 336,681.56 |
Jun 1, 2020 | IDA-37920 | Int Charges | 0.01 |
Jun 1, 2020 | IDA-37920 | Int Charges | 0.01 |
Jun 1, 2020 | IDA-37920 | Int Charges | 105,907.75 |
Jun 1, 2020 | IDA-37920 | Int Charges | 105,907.75 |
Jun 1, 2020 | IDA-37920 | Int Charges | 3,477.00 |
Jun 1, 2020 | IDA-37920 | Int Charges | 3,477.00 |
Jun 1, 2020 | IDA-37920 | Loan Repay | 329,885.38 |
Dec 1, 2018 | IDA-37920 | Int Charges | 112,309.04 |
Jun 1, 2019 | IDA-37920 | Loan Repay | 4,038.18 |
Jun 1, 2019 | IDA-37920 | Loan Repay | 327,379.62 |
Jun 1, 2019 | IDA-37920 | Int Charges | 110,610.71 |
Jun 1, 2019 | IDA-37920 | Int Charges | 110,610.71 |
Dec 1, 2019 | IDA-37920 | Loan Repay | 3,378.71 |
Dec 1, 2019 | IDA-37920 | Loan Repay | 326,903.62 |
Dec 1, 2019 | IDA-37920 | Int Charges | 105,511.98 |
Dec 1, 2019 | IDA-37920 | Int Charges | 105,511.98 |
Jun 1, 2018 | IDA-37920 | Int Charges | 116,379.29 |
Jun 1, 2018 | IDA-37920 | Int Charges | 1,754.96 |
Jun 1, 2018 | IDA-37920 | Int Charges | 1,754.96 |
Jun 1, 2018 | IDA-37920 | Loan Repay | 341,038.30 |
Jun 1, 2018 | IDA-37920 | Int Charges | 116,379.29 |
Dec 1, 2018 | IDA-37920 | Loan Repay | 11,741.60 |
Dec 1, 2018 | IDA-37920 | Loan Repay | 321,025.84 |
Dec 1, 2018 | IDA-37920 | Int Charges | 112,309.04 |
Jun 1, 2017 | IDA-37920 | Loan Repay | 319,318.40 |
Jun 1, 2017 | IDA-37920 | Int Charges | 107,120.17 |
Jun 1, 2017 | IDA-37920 | Int Charges | 107,120.17 |
Dec 1, 2023 | IDA-37920 | Int Charges | 86,590.35 |
Dec 1, 2023 | IDA-37920 | Loan Repay | 4,931.95 |
Dec 1, 2023 | IDA-37920 | Loan Repay | 636,078.94 |
Jun 1, 2024 | IDA-37920 | Int Charges | 9,498.73 |
Jun 1, 2024 | IDA-37920 | Int Charges | 9,498.73 |
Name | Review | Date |
---|---|---|
Counterpart Funding | Satisfactory | 2012-12-22 |
Progress towards achievement of PDO | Moderately Unsatisfactory | 2012-12-22 |
Procurement | Moderately Satisfactory | 2012-12-22 |
Monitoring and Evaluation | Moderately Unsatisfactory | 2012-12-22 |
Project Management | Moderately Satisfactory | 2012-12-22 |
Financial Management | Moderately Satisfactory | 2012-12-22 |
Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2012-12-22 |
INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-25-2013 |
---|---|
Outcomes | Moderately Satisfactory |
Risk to Development Outcome | Modest |
Bank Performance | Moderately Unsatisfactory |
Borrower Performance | Moderately Unsatisfactory |
Government Performance | Moderately Unsatisfactory |
Implementing Agency | Moderately Unsatisfactory |
INDICATOR | ICR REVIEW: 09-30-2014 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
---|---|---|
Outcome Rating | Moderately Unsatisfactory | N/a |
Risk To Development Outcome | Moderate | N/a |
Bank Performance | Moderately Unsatisfactory | N/a |
Borrower Performance | Moderately Unsatisfactory | N/a |
Government Performance | Moderately Unsatisfactory | N/a |
Implementing Agency | Moderately Unsatisfactory | N/a |
Icr Quality | Satisfactory | N/a |
M&e Quality | Modest | N/a |
INDICATOR | BASELINE | CURRENT | TARGET |
---|
Acceptance and implementation of ERP by BB | Value | Yes | Yes | Yes |
Date | December 27, 2009 | November 30, 2012 | December 31, 2012 | |
Comment | BB does not have ERP system. | ERP is fully functional at BB. All HR functions, such as, recruitment, transfer, promotion, payroll and Provident Fund Managementare done through HR module of SAP.Financial management and accounting are done through FICO module of SAP. All procurement, andmaintenance of asset inventory are done through MM module of SAP. Regular Financial Statements are generated from ERP and bookclosingis completed in SAP. | ERP fully functional at BB. |
Acceptance and implementation of Banking Application by BB | Value | Yes | Yes | Yes |
Date | December 27, 2009 | November 30, 2012 | December 31, 2012 | |
Comment | BB does not have Banking Application system. | The Banking application is fully functional at BB. The Core Banking solution is used for: all banking transactions ofgovernment,banks and financial institutions; Reserve Management; vault operation and cash management; and sale, encashment, couponpayment, andreimbursement of all government Savings Certificates. The Treasury module is used for international reserve management;and the Market Infrastructure module is used for: auction; secondary sale and purchase; REPO; Reverse REPO; security transfer; andfund settlement. Electronic fund transfer operation for government salary payments has started for 1,611 officials of 17ministries includingthe Prime Minister's Office. | Banking application fully functional at BB |
Acceptance and implementation of Data Warehouse by BB | Value | Yes | Yes | Yes |
Date | December 27, 2009 | November 30, 2012 | December 31, 2012 | |
Comment | BB does not have any Data Warehouse. | Enterprise Data Warehouse (EDW) is fully operational at BB. Banks are submitting all the returns and reports through onlineweb-based application of EDW. All other financial institutions are submitting their returns via Rationalized Input Templatesdirectly through the web portal. Many reports are currently generated from this application. A Dashboard has been developed withkey indicators so that management can get a compact view of the financial sector. | Data Warehouse fully functional at BB. |
INDICATOR | BASELINE | CURRENT | TARGET |
---|
Key staff in computer department receive adequate training. | Value | Inadequte training programs and facilities. | A regular computer training program, as a mandator | Continuous training ensured through a regular comp |
Date | May 4, 2003 | November 30, 2012 | December 29, 2012 | |
Comment | All the IT packages included training of key staff in the IT Department of BB. Moreover, 30 BB officials participated in overseastraining on ERP. 265 officials were trained as end users and TOT for ERP. 50 officials from IT Department and 50 from businessdepartments were trained on EDW. 135 business users and IT officials have been trained on the Banking package. Overseas trainingcontinues to be imparted on ERP, Banking, EDW, and networking. |
BB work processes fully automated. | Value | Manual work processes in BB. | Implementation of BB automation completed with all | Implementation of BB automation component well adv |
Date | May 4, 2003 | November 30, 2012 | December 31, 2012 | |
Comment | All the IT contracts have been implemented, except for the National Payment Switch which is expected to "go Live" by end ofDecember 2012. More than 3,500 officials are now connected in the network and have access to BB Intranet and webmail. All the BBbranchesare now connected under the same network. Printing of circulars and office orders have already been stopped and are postedin the Intranet. BB is now using e-tendering for its own procurement. Electronic Fund Transfer Network is fully operational. |
Modern HR policies adopted. | Value | Outdated and archaic HR policies in BB. | HR policies have been revised and modernized. | HR policies modernized |
Date | May 4, 2003 | November 30, 2012 | December 31, 2012 | |
Comment | BB is using the newly developed application forms for recruitment of AD. A new promotion policy and a Recognition and Rewardpolicyhave been adopted by BB, along with a modern PMS. A Recreation Leave Policy has been implemented as a "quick win." |
A modern performance management system in place. | Value | Outdated performance management system (PMS) in pl | A modern Performance Management System (PMS) has b | Modern performance management system adopted and p |
Date | May 4, 2003 | November 30, 2012 | December 31, 2012 | |
Comment | The annual performance appraisal is now being conducted through PMS. BB Managers are not yet fully conversant with this process.Acompetency model has also been introduced. |
Quality research reports on vital issues prepared and disseminated by BB. | Value | Research reports not up to the mark. | A Chief Economist Office has been set up and heade | Policy Analysis Unit staffed to carry out quality |
Date | May 4, 2003 | November 30, 2012 | December 31, 2012 | |
Comment | PAU is regularly publishing policy notes, working papers, Monetary Policy Review, Bangladesh Bank Quarterly, and Financial SectorReview. The PAU has published 26 policy notes, 31 working papers on various monetary, fiscal and development issues, 8 MonetaryPolicy Reviews (MPR), and 7 Financial Sector Review (FSR). Eight eminent economists from the country have been contracted toconduct research along with BB staff. |
Bank supervisory policy manual upgraded. | Value | Outdated supervisory policy manual. | A draft of the Risk-based Inspection Manual for Ba | Upgraded manuals adopted and practised. |
Date | May 4, 2003 | November 30, 2012 | December 31, 2012 | |
Comment | BB is being helped by the IMF's Resident Adviser to upgrade the bank supervisory policy manual in line with risk-based supervisionframework. |
Timely and accurate preparation and reporting of financial statistics, by BB by June 30, 2012. | Value | Financial statistics are published with a lag of o | The lag in reporting of most of the financial stat | The lag in reporting of financial statistics broug |
Date | May 4, 2003 | November 30, 2012 | December 31, 2012 | |
Comment | Almost all the banks have made the changes in their systems to generate data in the required format for submission through theon-line Rationalized Input Templates (RIT). Banks and financial institutions have stopped submitting hard copies of returns andstatements from November 2012, and reporting of financial statistics is fully automated now. |
Timely and accurate accounting and reporting of government accounts and securities, by June 30, 2012. | Value | The process of accounting and reporting of governm | Reporting of government accounts and securities ar | Timely and accurate accounting and reporting of g |
Date | April 26, 2010 | November 30, 2012 | December 31, 2012 | |
Comment | Banking and ERP systems are now under implementation, and these systems will support BB to prepare timely and accurate financialstatistics. | All the government transactions are now being processed through the Banking Application package, and the daily debit and creditscrolls of the government accounts are shared with the government in electronic form at the end of the day. |
Timely and accurate submission of prudential returns, by FIs and better management of foreign exchange, by BB by June 30, 2012 | Value | The process of submission of prudential returns by | The financial institutions are submitting their pr | Timely and accurate submission of prudential retur |
Date | April 26, 2010 | November 30, 2012 | December 31, 2012 | |
Comment | These processes will be automated through the implementation of Datawarehose and ERP systems. | All the financial institutions (FIs) are submitting the prudential returns via Rationalized Input Templates directly to BB throughthe web portal. The Treasury Module under Core Banking Solution is used to better manage foreign exchange reserves. |
Systems installed in BB to capture and share data on AML/CFT, by June 30, 2012 | Value | Systems are manual at this stage. | The Financial Intelligence Unit (FIU) at BB is rec | Systems installed in BB to capture and share data |
Date | April 26, 2010 | November 30, 2012 | December 31, 2012 | |
Comment | Installation of AML/CFT systems would wait till BB installs all its IT packages and make them functional for BB's efficientfunctioning. | Customization of the "goAML" software is being carried out by UNODC in a test environment. Procurement of additional hardwareincluding servers has been initiated and the hardware is expected to be delivered in December 2012. The customized software willbe transferred to the dedicated servers in December 2012. |