Sonali Bank Limited and its Subsidiaries

Independent Auditors' Report and

Audited Consolidated and Separate Financial Statements
For the year ended 31 December?OZl

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Chartered Accountants Choudhury
BDBL Bhaban [Level-13), Chartered Accountants
72 Kawran Bazar CfA, Phulbari House, House 25,
Dhaka-1215, Bangladesh. Road 1, Sector 9,
Tel.: +88-02-41020030 Uttara Model Town
Fax:+88-02-41020036 Dhaka-1230, Bangladesh.
Tel.: +88-02-55080235
Fax: +88-02-55080236
A member firm of A member firm of

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 ACNABIN Aziz Halim Xhair Choudhury
Chartered Accountants Chartered AccountaDts
BDBL Bhaban [Level-13 & 15), Phulbari House, House 25,
12 Kawran Bazar C/ A, Road 01, Sector 09,
Dhaka-1215, Bangladesh. Uttara Model Town
Tel.: +88-02-41020030 Dhaka-1230, Bangladesh.
Fax:+88-02-41020036 Tel.: +88-02-55080235
Fax: +88-02-55080236

Independent Audito/s Report

To the Shareholders of Sonali Bank Limited

Report on the Audit of tte Consolidated and Separate Ffurancial Statements

Opinion

We have audited the consolidated financial statements ofsonali Bank Limited and its subsidiaries [the
,'Group',)
as well as the separate financial statements of sonali Bank Limited (the "Bank"), which
.o-pii.L th" consolidated and separate balance sheets as at 31 December 2021 and the consolidated
and ieparate profit and loss accounts, consolidated and separate statements of changes in equity and
consolidated ind separate cash flows statement for the year t}len ended, and notes to the consolidated
and separate financial statements, including a summary of significant accounting policies and other
explanatory information.

In our opinion, the accompanying consolidated financial statements of the Group and separate
financial it t"."nt
of the Bank give a true and fair view of the consolidated financial position of the
Group and tle separate financial position ofthe Bankas at 31 December 2021, and of its consolidated
and ieparate financial performance and its consolidated and separate cash flows for the
year then
ended in accordance with lnternational Financial Reporting standards (lFRSs) as explained in note 2'

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (lSAsJ. Our
responsibilities under those standards are further described in the Audito/s Responsibilities for the
eudit of the Consolidated and Separate Financial Statements section of our report. We are
Board
independent of the Group and the Bank in accordance with the lnternational Ethics Standards
Accountants (IESBA Code), Bangladesh Securities and
for Accountants' Code of Ethics for Professional
Exchange commission IBSEC) and Bangladesh Bank, and we have fulfilled our other ethical
respons"ibilities in accordance'with the IESBA Code and the lnstitute of Chartered Accountants
of
nangladesh 0CABJ Bye taws. we believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.

Key Audit Matters

in
Key audit matters are those matters that, in our professional iudgment, were of most significance
financial statements of the current period. These matters
oui audit of the consolidated and separate
were addressed in the context of oui audit of the consolidated and separate financial statements
as a

whole,andinformingouropinionthereon,andwedonotprovideaseparateopiniononthese
is provided in
matters. For each matter below our description ofhow our audit addressed the matter
that context"
of the
We have fulfilled the responsibilities described in the audito/s responsibilities for the audit
financial statements section ofour report, including in relation to these matters.

Accordingty, our audit included the pe rformance of procedures designed to respond

to our
the risks of material misstatements of the financial statements. These results of our
the matters de the basis
, including the procedures performed to address
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L Measurement of for Ioans and advances

See notes # 7.00 and 7.09 to the consolidated and ate financial statements
The audit matter How the matter was addressed in our audit

The process for estimating the provision We tested the design and operating effectiveness
for loans, advances and leases portfolio ofkey controls focusing on the following:
associated with credit risk is iudgmental,
significant and complex. While . Credit appraisal, loan disbursement
procedures, monitoring and provisioning
estimating such provision certain
process;
iudgmental factors need to be considered
including: . of loss events, including
Identification
early warning and default warning
. Future business performance of the indicators; and
borrower;
. Key assumptions relating to further
. Reviewed quarterly Classification of Loans
business performance of the (CL).
borrower; Our substantive procedures in relation to the
. Market value ofthe collateral; provision for loans and advances portfolio
o Ability to repossess collateral; and comprised the following:
. Recovery rates.
. Reviewed the adequacy ofthe general and
Furthermore, these Provisions are specific provisions in line with related
processed manually that deals with Bangladesh Bank guidelines;
voluminous data extracted from the IT . Assessed the methodologies on which the
system of the Bank and following the provision amounts are based, recalculated
instructions of Bangladesh Bank issued the provisions and tested the
time to time. completeness and accurary of the
underlying information;
Due to high level of ludgment involved
and using some manual Process in . Evaluated the appropriateness and
estimating the provision for loans and presentation of disclosures against
advances, we considered this to be a key relevant accounting standards and
audit matter. Bangladesh Bank guidelines;
. Evaluated the balances of loans and
At year end the GrouP and the Bank
advances and provisions of overseas
reported total gross loans and advances branches whether those are properly
of BDT 704,277 million (2020: BDT incorporated in the gross balances
587,949 million) and Provision as thereon; and
required by Bangladesh Bank for loans
and advances of BDT 75,678 million . Finally, we comPared the amount of
(7020: BDT 70,166 million]. provision requirement as determined by
Bangladesh Bank inspection team to tle
actual amount of rovision maintained.
2 Valuation of treasu bill and bond
S ee notes # 6 an d 1 7 .U 1 t o th e co nso lida t ed an d s e afate
fina n cial s tatemen ts
The audit matter H ow th e matter was add ressed ln our audit

The classification and measurement of T- We assessed the processes and controls put in
Bill and T-Bond require iudgment and place by the Bank to identiry and confirm the
complex estimates. existence of treasury bills and bonds'

In the absence of a quoted price in an We obtained an understanding

evaluated the
design and tested the operating effectiveness of
active market, the fair value of T-Bills
over the treasury bills and bonds
and T-Bonds is determined using the liey controls
processes, incl controls over
complex valuation techniques which may valuation
n direct or indirect market data inPuts into els, model
take into co
vernance and valuatio ustm
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unobservable market data and complex

We tested a sample of tJle valuation models and
pricing models which require an elevated
the inputs used in those models, using a variety of
level of iudgment.
techniques, including comparing inputs to
available market data.

Finally, we assessed the appropriateness and

presentation of disclosures against relevant
accounting standards and Bangladesh Bank
guidelines.

3 ent assessment of uoted investrnents

See note #6.02 to the consolidated and s arate financial statements
The audit matter How the matter was addressed in our audit

In the absence of a quoted price in an We have assessed the processes and controls put
active market, the fair value of unquoted in place by the Bank to ensure all maior
shares and bonds, especially any investment decisions are undertaken through a
impairment is calculated using valuation proper due diligence process. We tested a sample
techniques which may take into of investments valuation as at 31 December 2021
Consideration direct or indirect and compared our results to the recorded value.
unobservable market data and hence
requires an elevated level ofludgment Finally, we assessed the appropriateness and
presentationofdisclosures againstrelevant
Due to high level of iudgment and accounting standards and Bangladesh Bank
assumption involved in
evaluating the guidelines.
impairment assessment of unquoted
shares, we considered this to be a key
audit matter.

+ Measurement of deferred tax assets

See note #9.08.01 to the consolidated and se rate financial statements
The audit matter How the matter \ ras addressed in our audit

The Group and Bank have recogaized we obtained an understanding of the Group and
deferred tax assets for deductible Bank's key controls over the recognition and
temporary difference that it believes are measurement of deferred tax assets (DTA) and the
recoverable. assumptions used in estimating the Group's future
taxable income.
The recoverability of recognized deferred
tax assets is in part dependent on the We also assessed tle completeness and accurary
banlCs ability to generate future taxable of the data used for the estimations of future
profits sufficient to utilize deductible taxable income. We have checked the instruction
temporary differences. of Bangladesh Bank regarding the deferred tax
assets which was complied accordingly.
We have determined this to be a key
audit matter, due to the inherent We involved tax specialists to assess key
uncertainty in forecasting the amount assumptions, controls, recognition and
and timing of future taxable profits and measurement of DTA's.
the reversal of temporary differences
where significant iudgement is involved. Finally, we assessed the appropriateness and
presentation of disclosures against IAS 12 Income
Taxes.
The Group and the bank have reported
deferred tax assets BDT 26,088 million
(2020: BDT 27,508 million) as at 31
December 2
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5 Revaluation of and Assets Revaluation

See notes #17.02 to the consolidated and financial statements
The kev audit matter How t]le matter was addressed in our audit

The Bank in prior year has undertaken We assessed tIe process of revaluation previously
revaluation of its fixed assets. As a result taken by the Bank
of this revaluation exercise, an amount of
BDT 21,496 million (in 2011 revalued by We reviewed revaluation report of the
Taka 12,026 million and lastly in the year independent valuer along with relevant
2073 by Taka 9,469 millionJ is documents and applied our iudgment to see
recognized as the fair value gain in whether the fair value is still relevant.
revaluation reserve as at 31 December
2021. Determination of fair value in We checked related accounting treatments of fair
absence of any quoted price and active value gain and associated deferred tax as
market require signifi cant iudgment. recognized by the Bank

6) Legal and regulatory matters

The audit matter How the matter was addressed in our audit

We focused on this area because the We obtained an understanding of tlre Group and
Bank and its subsidiary (the "Group") the Bank s key controls over t}te legal compliance.
operate in a legal and regulatory
environment tlat is exposed to We enquired to those char8ed with governance to
significant litigation and similar risks obtain their view on the status of all significant
arising from disputes and regulatory litigation and regulatory matters.
proceedings. Such matters are subiect to
many uncertainties and the outcome may We enquired of the Bank's internal legal counsel
be difficult to predict. for alt significant litigation and regulatory matters
and inspected internal notes and reports.
These uncertainties inherently affect the
amount and timing of potential outflows We assessed the methodologies on which the
with respect to the provisions which provision amounts are based, recalculated the
have been established as otler provisions, and tested the completeness and
contingent liabilities. accuracy of the underlying information.

Overall, the legal provision represents We also assessed the Bank's provisions and
the Group's and the Bank's best estimate contingent liabilities disclosure.
for existing legal matters that have a
probable and estimable impact on the
Group's financial position.

val ue of investments I n subsidiaries and associate the Bank

See note # 9 0 1 to th co n so I I dated a nd rate fi nan cial sta te ments
The audit matter How the matter was addressed in our audit

The Bank has invested in equity shares of We have reviewed management's analysis of
its subsidiaries namely Sonali Exchange impairment assessment and recoverable value
Co. lnc. USA, Sonali Investment Limited, calculation of subsidiaries in accordance with IAS
Sonali Bank IUIQ Ltd. and associate 36, Impairment of Assets.
namely Sonali Intellect Limited. As at 31
December 2021 the carrying value of With the investment recognition criteria as per IAS
these investment in Sonali Exchange Co. 28, we reviewed the activities and investment in
Inc. USA is BDT 81.51 million [2020: BDT the associate company as per supporting provided
80.56 million), Sonali Investment Limited by the management.
is BDT 2,000 million (2020: BDT 2,000
million) Sonali Bank (UKJ Ltd. is BDT In particular, our discussi the Management
3, 383 millio BDT 3,348 million were focused on t}te co riateness of
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and Sonali lntellect Limited is BDT 26.25 the value in use model, the key assumption used in
million [2020: BDT 26.25 million). the model, the reasonably possible alternative
assumptions, particularly where they had the most
The Bank is required to perform impact on the value in use calculation.
impairment test of investment in
subsidiaries when impairment indication
exists. The impairment testing is
considered to be a key audit matter due
to the complexity and judgements
required in determining the assumptions
to be used to estimate the recoverable
amount which is higher of fair value less
costs to sell and value in use.

Management has conducted impairment

assessment and calculated recoverable
value of its subsidiaries for Sonali
Exchange Co. Inc. USA and Sonali
Investment Limited, Sonali Bank [UK)
Ltd. and associate namely Sonali Intellect
Limited in accordance with tAS 36,
Impairment of Assets.

ition oflnterest Income from loans

See note #21.00 to the consolidated and rate financial statements
The audit matter H ow the matter was addressed in our audit

Recognition of interest income from We tested the design and operating effectiveness
loans and advances has significant and of key controls over Recognition and measurement
wide influence on financial statements. ofinterest on loans and advances.

Recognition and measurement of interest We have performed test of operating effectiveness

income has investment of complex IT on automated control in place to measure and
environment. recognize interest income.

We identify recognition of interest We have also performed substantive procedure to

income from loans and advances as a key check whetler interest income is recognized
audit matter because this is one of the completely and accuratelY.
key performance indicators of the bank
and therefore there is an inherent risk of We assessed the appropriateness and presentation
fraud and error in recognition of interest of disclosures against relevant accounting
by management to meet specinc targets standards and Bangladesh Bank guidelines.
or expectations.

9 Loans and Advances

See note #7.00 to the consolidated and se rate financial statements
The audit matter H ow the matter was add ressed ln our audi t

Loans and advances are the

vital We tested the design and operating effectiveness
component of financial statements of t}le of key controls focusing on credit appraisal, loan
bank. lncome of the bank is primarily disbursement procedures and monitoring process
reliant on the portfolio of loans and ofloans and advances.
advances. Management performance is
highly dependent on the target We performed procedures to check whether the
achievement of loans and advances. Loan bank has ensured appropriate documentation as
disbursement requires robust per Bangladesh bank regu nd Bank s policy
documen db a roval before disbursement of advances. In

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from appropriate level of authority addition, we have performed procedures to check

whether the loans and advances is recorded
We identified loans and advances as a completely and accurately and that are existed at
key audit matter because there is an the reporting date.
inherent risk of fraud and error in
disbursement of loans and advances by We also performed the detailed test to confirm
management to meet specific targets or that the balances of branches outside Bangladesh
expectations. were correctly incorporated in gross balances of
loans and advances.

Moreover, we assessed t}le appropriateness and

presentation of disclosures against Bangladesh
Bank guidelines.

10 IT and controls
The key audit matter How the matter was addressed in our audit

Our audit procedures have been focused We tested the design and operating effectiveness
on [T systems and controls due to the of the banlCs IT access controls over the
pervasive nature and complexity of the information systems tJlat are critical to financial
IT environment, the large volume of reporting.
transactions processed in numerous
locations daily and the reliance on We tested IT general controls (logical access,
automated and IT dependent manual changes management and aspects of IT
controls. operational controls). This included testing that
requests for access to systems were appropriately
We have focused on master data reviewed and authorized.
management, user access management
and developer access to the production We tested the Group's periodic review of access
environment and changes to the IT rights. We also inspected requests of changes to
environmenL Among others, these are systems for appropriate approval and
key to ensuring operating effectiveness authorization. We considered the control
of manual with automated control as well environment relating to various interfaces,
as fully automated control systems. configuration and other application layer controls
identified as key to our audil Where deficiencies
were identified, we tested compensating controls
or performed alternate procedures.

In addition, we understood where relevant,

changes were made to the IT landscape during the
audit period and tested those changes that had a
significant impact on financial reporting.

11) Im ct ofcovlD-19 otr financial

The audit matter How the matter was addressed in our audit
The effects of the COVID-l9 pandemic Detailed substantive tests were conducted in
have significant global implications for order to mitigate the additional risks of material
economies, markets and businesses, misstatements due to the impact of COVID-19.
including volatility and possible Testing the Bank's and Group's ability to
material uncertainties. The operations function as a going concern by reviewing
of the Bank itself have been affected profitability, liquidity and operations, we
due to the restrictions brought about performed detailed analytical procedures on the
by the COyID-19 pandemic. There is an financial statements of the Bank, including but
increasing probability tlat assertions not limited to variance and common size
and estimates related to reporting may analysis of balances. We have evaluated the
be mate due to im ct of a ro riateness and of the
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financial market volatility, Management's explanations for the deviations

deteriorating credit or Iiquidity amongst balances and ratios of current year to
concerns, government interventions, that of the comparative. We analyzed the
and disruptions in production and disclosures provided by the Bank to rationalize
supply chain, among other matters. the impact of COVID-19 on financial statements,
and checked their appropriateness and I

sufficiency. We also checked that all COVID-19

impacts are accurately reflected in the financial
statements, and disclosed in their entirety of
magnitude to the financial statements as a
whole; and scrutinize that the impacts of events
after the reporting period, and ensure their true
and fair reflection and disclosure in the financial
statements. Our testing did not identiff any
issues with regards to impact of covlD-19 on
financial reporting. Moreover, the bank has
maintained @2olo Special General Provision
COVID-19 in addition to the general provision as
per Circular provided by Bangladesh Bank
(Note# 13.01).

Other Matt€r

The consolidated financial statements of the Group and separate financial statements of the Bank for
the year ended 31 December 2020 were audited by ACNABIN Chartered Accountants and expressed
an unmodified opinion on those financial statements on 30 June 2021.

Other information
Management is responsible for the other information. The other information comprises all of the
inforriation in the Annual Report other than the consolidated and separate financial statements and
our auditor's report thereon. the Annual Report is expected to be made available to us after the date
of this audito/s report

Our opinion on the consolidated and separate financial statements does not cover the other
information and we do not express any form ofassurance conclusion thereon'

ln connection with our audit of the consolidated and separate financial statements, our responsibility
is to read the other information identified above when it becomes available and, in doing so, consider
whether the other information is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otlerwise appears to be materially misstated'

When we read the annual report, if we conclude that there is a material misstatement therein, we are
required to communicate the matter to those charged with governance'

Responsibilides of Management and Those Charged wlth Governance for the Consolidatcd and
Separate Financial Statements and Internal Confols

Management is resP onsible for the preparation and fair presentation of the consolidated financial
statements of the Group and also sep arate financial statements of the Bank in accordance with IFRSs
as explained in note 2, and for such in ternal control as management determines is necessary
to enable
the preparation of consolidated and separate financial statements that are free from material
misstatemenL whether due to fraud or error. The Bank Company Act, 1991 and the Bangladesh Bank
Regulations require the Management to ensure effective internal audit, internal control and risk
management functions of the Bank Th e Management is also required to make a self-assessment on
the effectiven ess of internal controls and report to Bangladesh Ban ces of fraud
and forgeries.

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In preparing the consolidated and separate financial statements, management is responsible for
assessing the Group's and the Bank's ability to continue as a going concern, disclosin& as applicable,
matters related to going concern and using the going concern basis ofaccounting unless management
either intends to liquidate the Group and the Bank or to cease operations, or has no realistic
alternative but to do so.

Those charged with governance are responsible for overseeing the Group's and the Bank's financial
reporting process.

AuditorJs Responsibilities for the Audit of the Consolidated and Separate Financlal Statements

Our objectives are to obtain reasonable assurance about whether the consolidated and separate
financial statements as a whole are free from material misstatement, whether due to fraud or error,
and to issue an audito/s report that includes our opinion. Reasonable assurance is a high level of
assurance but is not a guarantee that an audit conducted in accordance with ISAs will always detect a
material misstatement when it exists. Misstatements can arise from fraud or error and are considered
material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these consolidated and separate financial
statements.

As part of an audit in accordance with ISAs, \,re exercise professional iudgment and maintain
professional skepticism throughout tle audiL We also:
. Identi& and assess tle risks of material misstatement ofthe consolidated and separate financial
statements, whether due to fraud or error, design and perform audit procedures responsive to
those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our
opinion. The risk ofnot detecting a material misstatement resulting from fraud is higher than for
one resulting from error, as fraud may involve collusion, forgery intentional omissions,
misrepresentations, or the override ofinternal control.
. Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on effectiveness of the Group's internal control.
o Evaluate the appropriateness of accounting policies used and t}le reasonableness of accounting
estimates and related disclosures made by management
o Conclude on the appropriateness of management's use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the Group's and tlre Bank's ability to
continue as a going concern. If we conclude t}lat a material uncertainty exists, we are required to
draw attention in our audito/s report to the related disclosures in the consolidated and separate
financial statements or, if such disclosures are inadequate, to modiry our opinion' our
conclusions are based on the audit evidence obtained up to the date of our audito/s reporL
However, future events or conditions may cause the Group and the Bank to cease to continue as
a going concern.

. Evaluate the overall presentation, structure and content of the consolidated and separate
financial statements, including the disclosures, and whether the consolidated and separate
financial statements represent the underlying transactions and events in a manner that achieves
fair presentation.

o Obtain sumcient appropriate audit evidence regarding the financial information of the entities
or business activities within the Group to express an opinion on the consolidated financial
statements. We are responsible for the direction, supervision and performance of the group
audiL We remain solely responsible for our audit opinion'

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We communicate with those charged with governance regarding among other matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal conkol that we identiry during our audiL

We also provide those charged with govemance with a statement that we have complied with relevant
ethical requiremens regarding independence, and to communicate with them all relationships and
other matters that may reasonably be thought to bear on our independence, and where applicable,
related safeguards.

From the matters communicated with tlose charged with governance, we determine tJrose matters that
were of most significance in the audit of the financial statements ofthe current period and are therefore
the key audit matters. We describe these matters in our audito/s report unless law or regulation
precludes public disclosure about the matter or when, in extremely rare circumstances, we determine
that a matter should not be communicated in our report because the adverse consequences of doing so
would reasonably be expected to outweigh the public interest benefits ofsuch communication.

Report on other Legal and Regulatory Requirements

In accordance with the companies Act, 1994, the Securities and Exchange Rules 2020, the Bank
Company Act, 1991 (amended to dateJ and the rules and regulations issued by Bangladesh Bark we also
report tiat:
(iJ we have obtained all the information and explanations which to the best ofour knowledge and
belief were necessary for the purpose ofour audit and made due verification thereof;

(ii) to the extent noted during the course of our audit work performed on t}le basis stated under the
Auditor's R*ponsibilitix for the Audit oJ the Consolidated and Sepamte Financial Statemen$
section in forming the above opinion on the consolidated financial statements of the Group and
the Separate Financial Statements of tlre bank and considering the reports of the Management
to Bangladesh Bank on anti-fraud internal controls and instances of fraud and forgeries as stated
under lhe management's responsibility for the financial statements and internal conEol:

(a) internal audiL internal control and risk management arrangements of the Group as
disclosed in the financial statements appeared to be materially adequate;

of forgery or irregularity
[b) nothing has come to our attention regarding material instances
or administmtive error and exception or anything detrimental committed by employees of
the Gqoup and its related entities (other than matters disclosed in these financial statements);
namely Sonali
[iii) financial statements for the year ended 31 December 2021 of three subsidiaries,
Exchange Co. Inc. USA, Sonali Investment Ltd. have been audited by United Financial CPA P'C,
Certified public Accountants, Anil Salam Idris & Co., Chartered AccountanB respectively who
have expressed unmodified audit opinion and Sonali Bank (uK) Ltd. was remain unaudited.
The
results of the subsidiaries have been properly reflected in the consolidated financial statements;

been kept by the Group and the

[iv) in our opinion, proper books ofaccount as required by law have
Bank so far as it appeared from our examination ofthose books;

(v) the records and statemenB submitted by the branches have been properly maintained and
consolidated in the financial statements;

(viJ the consolidated balance sheet and consolidated profit and loss account together with the
annexed notes dealt with by the report are in agreement with the books of account and returns;

business for the year;

[vii) the expenditures incurred were for the purpose ofthe Bank's
(viii) the consolidated financial statements of the Group and the Separate Financial Statements ofthe
bank have been rawn up in conformity with prevailing rules, ns and accountin c
standards ted guidance, circulars issued by Bangl adesh
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(ix) provision as required by Bangladesh Bank has been accounted for Ioans & advances,
investments and other assets which are, in our opinion, doubtful of recovery;

(xJ the information and explanations required by us have been received and found satisfactory;

[xiJ we have reviewed over 800/o of the risk weighted assets of the Bank covering 60 branches as
well as Head Office and spent over 5,237 person hours for the audit of the bank and

(xii) Capital to Risk-weighted Asset Ratio ICRAR) as required by Bangladesh Bank has been
maintained during the year.

Signed for & on behalf of Signed for & on behalf of

ACNABIN Aziz Halim Khair Choudhury
Chartered Accountants Chartered Accountants

Za.. - o" ,h,t,l ap otnluT.

Dr, Jamshed S A Choudhury FCA
Md. FCA
Senior Partner
Partner
ICAB Enrollment No. 363
ICAB Enrollment No. 787

g o+ g? 4 s+{Tg 19 Dvc?\ogtxo363fr,qop37
Dvc: {{ofo
Date: 28 April 2022
Place: Dhaka

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 Sonali Bank Limited and its Subsidiaries
Consolidated Balance Sheet
As at 31 December 2021
2021 2020
Particulars n*"'ll Taka Taka
PROPERTY AND ASSETS
Cash
Cash in Hand (lncluding Foreign Currenciesl 7,856,537,59L 7 ,428,99 6,9Lt
Balance with Bangladesh Bank and its agent Bank(s)
(lncluding Foreign Currencies) 69,801,130,063 83,807,297,347
3.0 0 77,657,667,635 9L,230,294,25A
Balance with other Banks & Financial Institutions
In Bangladesh 28,673,656,597 40,680,382,275
0utside Bangladesh 9 ,935 ,7 45 ,481 Ll,893,927,285
4,0 0 3A,609,402,074 52,574,309,500
Money at Call on Short Notice 5.00 9,267,059,326 9,031,300,000

Investments
Government 6L4,398,995,A75 550,695,158,356
0thers 71-,45t580,633 79,920,906,73L
6.00 685,850,576,508 630,616,065,087
Loans and Advances
Loans, Cash Credit, Overdrafts etc. 675,89A,797,556 574,517,908,573
Bills Purchased and Discounted 2837A,782,999 73,437,589,499
7.00 704,276,9A0,555 587,949,498,072
Fixed Asset including Premises, Furniture g.00 33,892,536,L4L
Fixture
"nd 34.013,939,A78

Other Assets 9.00 L64,797,77 5,477 187,LL4,A67 ,441

Non-Banking Assets 10.00
Total Assets t,7L4,473,4O1,477 1,,92,408,870,500
LIABILITIES AND CAPITAL
Liabilities
Borrowing from other Banks, Financial Institutions & 11_00 2,951,L66,478 562,665,459
Agents
Deposits and Other Accounts
Current Accounts & other Accounts etc. 231.,07 4,841,6A3 242,979,548,854
Bills Payable 1.2,8t4,684,803 77,043,066,246

Savings Bank Deposits 52A,620,042,413 45L,471,060,424

Fixed Deposits 577,891,093,980 553,247,976,484

Other Deposits 97,505 675 fl,aaa,727
72.00 1,350,498,168,555 L,258,593,540,735

Other Liabilities 13.00 2AO,016,924,802 247,644,72t,L3L

Total Liabilities L,633,466,263,A35 L,506,AO0,927,726

Shareholders' Equity
Paid-up Capital 14.00 45,300,000,000 45,300,000,000

Statutory Reserve 15.00 14,547,096,640 L3,469,002,429

Other Reserve 16.00 26t,888,447 165,773,8t6

Revaluation Reserve 17.00 24,082,604,307 36,328,464,91,7

Non-Controlling Interest 3,692,200,485

Surplus in Pront and Loss Account/Retained Earnings 18.00 (6,87 6,652,225) (9,655,238,388J
81,007,137,643 85,607,942,774

Total Liabilities and Shareholders' Equity 1.7L4,473,401,477 L,S9Z,4O8,87O,SO0

t!
ut)aka
(:
t1
 Sonali Bank Limited and its Subsidiaries
Consolidated Balance Sheet
As at 31 December 2021
2021 2020
Particulars Notes
Taka Taka
Off Balance Sheet Items
Contingent Liabilities
Acceptances and Endorsements
Letters ofGuarantee 9,454,478,857 7,474,857,353
Irrevocable Letters of Credit 868,318,836,307 936,600,205,509
Bills for Collection 8,420,138,856 5338,003,972
0ther Contingent Liabilities
19.00 aa6,193,454,O2O 949,4t3,O66,A34
Other Commitmenlr
Documentary credits and short term trade related transactions
Forward asset purchased and forward deposit placed
Undrawn note issuance and revolving underwriting facilities
Undrawn formal standby facilities, credit lines and other
commitments
Claim against the bank not acknowledged as debt
Litigation pending against Bank
Total Off Balance Sheet ltems including Contingent
Liabilities aa6,t93,454,O20 949,4L3,066,434

Consolidated Net Asset value (NAV) per share 178.82 188.98

The annexed notes from 1 to 48 form an integral part ofthese consolidated financial statements.
I

n n
Subhash Chandra Das FCMA, FCA
CEO & Managing Director
CFO & Ge lManager

A,K.M. ls FCA, FCS e Ahmed Chowdhury ,

Director Director

ziaul Hasan Siddiqui

Chairman

This is the consolidated balance sheet referred to in our separate report ofeven date.

Signed for & on behalfof Signed for & on behalfof

ACNABIN Aziz Halim Khair Choudhury
Chartered Accountants Chartered Accountants

l{y,,",- D" f,ut/"d .n fi. Una1*y

_t
Md. MoniLzaman, FCA Dr. Jamshed S A Choudhury, FCA
/
Partner Senior Partner
ICAB Enrollment No.7B7 ICAB Enrollment No.363
g
Dvc: tao fo qo+g 1 4 S }5-+g 1 Dvc:
1?0rf io 34nsqolog?
Datet 28 April2022
Place: Dhaka

t2
 Sonali Bank Limited and its Subsidiaries
Consolidated Proflt and Loss Account
For the year ended 31 December 2OZl
zo2L zozo
Particulars Notes
Taka Taka

Operating lncome
Interest income 21.0 0 34 ,3L2 ,67 4 ,r00 32,008,439,984
Interest paid on deposit and borrowing etc. 22.00 (43,697 ,085,e76) (4t,917 ,359,7 48)
Net lnterest Income (9,384,411,816) (9,908,9t9,76+l
lnvestment income 23.00 39,093,7 36,978 40,057,950,158
Commission, exchange and brokerage 24.00 73 ,389 ,344 ,647 t2,488,534,657
0ther operating income 25.00 492,537,L00 550,852,048
52,975,612,725 53,097,336,A57
Total Operating lncome (A) 43,59t,200,909 43,188,417,092

Operating Expenses
Salary and allowances 26.00 75,L46,57 5,924 L4,508,321,704

Rent, tax, insurance, electricity etc. 27.00 7,302,L68310 1,158,059,570

Legal expenses 28.00 749,r39,354 36,768,592

Postage, stamps and telecommunication etc. 29.00 54,831,589 46,261,924

Printings, stationery, advertisements etc. 30.00 t76,44L,844 764,967,B2l

Chief Executive's salary and fees 31.0 0 L4,377,350 L4,L64,947

Directors'fees 3 2.00 27,464,755 4,369,200

Auditors'fees 33.00 42,207 ,854 6,552,495

Depreciation & repair ofbank's assets 34.00 a26,668,845 795,406,035

Other expenses 3 5.00 4,533,37 6,080 4,82L,292,87I

Total Operatin8 Expenses (B) 22,267,25r,905 21,556,L65,165

Profit Before Provision, Amortization and Taxes C=(A-B) 2t,323,949,004 21,632,251,927
Provision for loals & advances 36.00 6,tL0,627,970 Lt,9L9,329,L37

Provision for diminution in value of investment 37.00 {632,860,461) (884,276,807)

0ther Provision 38-00 t0 ,044 ,439 ,27 5 5,753,t69,873

Total Provision (D) 15,522,206,784 16,L88,282,202
Totat Profit/(Loss) before Taxes E =(C'D) 5,A0L,742,22t 5,443,969,725

Provision for Taxation (F) L,995,786,9+S 2,L23,r35,049

Current tax 13.06 574,880,590 522,384,698

Deferred tax 9.08.01 t,420,906,356 1,600,750,351

Net Profit/(Loss) ,X"" 1av Q=(E-F) 3,805,955,276 3,320,A34,677

@
13
 Sonali Bank Limited and its Subsidiaries
Consolidated Profit and Loss Account
For the year ended 31 December 2021
zozl 20zo
Particulars Notes
Taka Taka
Appropriation:
General Reserve
Statutory Reserve 15.00 1,074,094,Ztr L,068,429,913
Reserve for CSR L6.02 50,000,000 50,000,000
Start-Up Fund 34,566,687
Reserve for Unwanted Risk arising from Vault 15.000,000
I,t62,660,892 I,L33,+29,9L3
Retained Surplus Carried Forward 2,643,2943A4 2,187,404,764

Consolidated Earnings Per Share (EPS) 44.00 8.40 7.33

The annexed notes from 1 to 48 form an integral part of these consolidated financial statements.

Subhash chandra Das FCMA, FCA M r Rahman Prodhan

CFO & ral Manager CEO & Managing Director

A.K.M lslam FCS lshtiaque Ahmed Chowdhury

Director Director

Ziaul Hasan Siddiqui

Chairman

This is the consolidated profit and loss account referred to in our separate report of even date.

Signed for & on behalfof Signed for & on behalfof

ACNABIN
Aziz Halim Khair Choudhury
Chartered Accountants
Chartered Accountants

Md. Moni zzaman, FCA

L.,i-rrhd tl. \ltulry.
Dr. famshed s A Choudhury, FCA
Partsrer Senior Partner
ICAB Enrollment No. 787
ICAB Enrollment No. 363

Dvci
e?0, 17,036g A 5
Llo I o 9 ?
Datet 28 April2022
Place: Dhaka

l4
 Sonali Bank Limited and its Subsidiaries
Consolidated Cash Flow Statement
For the year ended 31 December 2021
202r zozo
Particulars Notes
Taka Taka
A, Cash flows from operating activities
71,821,s64,040 7 1,839 ,930 ,963
Interest received
Interest paid (43,190,098,066) (42,L97 ,305,680)
Dividend Received 373,647,902 275,217,857
Fee and commission and exchange received 72,841,5',J.8,086 LL,599,5r7 ,682
Recoveries of previously written-off loans & advances 1,336,100,000 526,392,795
Cash paid to employees (15,L60,953,27 4) (L4,579,27 4,297)
Cash paid to Suppliers (231,273,433) (220,073,367)
lncome taxes paid (3,160,984,179) (2,876,258,L68)
Cash received from other operating activities 39.0 0 492,531,100 550,852,048
Cash paid for other operating activities 40.00 6 t54 2 8 1 3 34 240
18 967,791,749 18,815,758,999
Changes in operating assets and liabilities
Loans & advances to customers (LL6,327,482,482) (34,821,051,546)
41.0 0 24,480,09s,484 (L7,944,tr4,L42)
Other assets
803,947,387 Lt,67 3,47 3,L89
Deposits from other banks
91,100,680,432 88,27 6,372,320
Deposits from customers
42.00 15,7 68,L32,447 (L4,923,589,79r)
Other liabilities
t5,825,373,269 38,261,090,031
34,7 93,L65,OS7 57,076,849,O30
Net cash flow from operating activities
B. Cash flows from investing activities
(63,580,045,47 2) (115,s28,540,8851
(Purchase)/Sale of securities & bond
893,636,7 03 L,143,356,459
(Purchase)/sale of fixed assets
Net cash used in investing activities (64,473,6 az,L7sl (LL6,67L,897,344)
C. Cash flows from financing activities
Proceed from share issue
2,388,s00,619 (47,509,324)
Payments for redemption of loan capital & debt security
Dividends paid
2,388,500,619 (4t,s09,3 z4'l
Net cash flow from/(used in) financing activities
D. Net decrease in cash and cash equivalents (A+B+C) (27,292,0L6,499) [59,636,S57,638)
tsz,9L2,202,458 2L2,54A,760,096
E. Cash and cash equivalents at beginning of the year
F. Cash and cash equivalents at end of the year 43,0 0 125,620,185,959 LSZ,9LZ,20Z,4S8

The annexed notes from 1 to 48 form an integral pa rt of these consolidated financial statements
t'
<_f
subhash Chandra Das FCMA, FCA
cFo & neral Manager CEO & Managing Director

Ishtiaque Ahmed Chowdhury

A,K.M. lsla FCA, FCS
Director
D rector

ziaul Hasan Siddiqui

Chairman

Datet 28 Aptil2022
Place: Dhaka
l5
 Sonali Bank Limited and its Subsidiaries
consolidated Statement of changes in Equity
For the year ended 3l December 2021
Amount in Ta
Non.
Asset
Statutory Other Revaluation of controlling Retained
Total Equity
Particulars Paid up-Capital Revaluation Investrnent Interest ofSB Earnings
Reserve Reserve
Reserve (uK) Ltd.
165,713,A16 21,495,933,277 14,832,531,641 (9,6ss,238,388) as,607,942,774
Balance as at 01 Ja lary 2O2l 45,300,000,000 13,469,OO2,429

Surplus/(deficit) on account of revaluauon o (72,24s,860,676) (12,245,860,676)

HTM, HFT and Remeasured Securities [RMS]
(6s3,0s6) (6s3,0s6)
Currency Conversion differences
3,805,955,27 6 3,805,9s5,276
Net Profit forthe Year (after appropriation)
t36,7 59,936 136,7s9,936
Adj ustment for Invesunent in SB (UK) Ltd.
3,692,200,445 3,692,200,485
Non-controlinS lnterest ofSB (UKi Ltd. Duringthe vear
(48,951,126) ua,957,126')
Adjustment made for CSR duri the year
9s,r25,757 95,725,757
Transferred to Reserve ofSB (UKl Ltd.
50,000,000 (50,000,000)
Transferred to Reserve for CSR
(7,07 8,094,211)
Transferred to Statutory Reserve 7,07A,094,271
(34,556,681) (34,566,681)
Transfer to Start-Up Fund
(815,100) (815,100)
Transfer to Share Money ofSECI
26L88A,441 21,495,933,277 2,586,671,O25 3,692,200,485 (6,87 6,652,225J aLoo7,137,643
Balance as at 31 December 2021 45,300,000,000 14,547,096,640

13,469,OO2,429 165,713,416 21,495,933,277 14,832,531,641 (9,6ss,238,388) 85,607,942,774

Balance as at 31 December 2020 45,300,000,000

The annexed notes from to 48 form an integral part of these consolidated financial statements'
I

Subhash Chandra Das FCMA, FCA Md.

cFo & Manager CEO&M Director

Ishtiaque Ahmed Chowdhury

A,K.M slam FCS
Director
Director

ziaul Hasan Siddiqui

Chairman

Date: 28 April 2022

Place: Dhaka

16
 Sonali Bank Limited
Balance Sheet
As at 31 December 2021

202L 2020
Particulars Notes
Taka tl Taka
PROPERTY AND ASSETS
Cash
Cash in Hand flncluding Foreign Currencies) 7.725,820,573 7 300,a75,336
Balance with Bangladesh Bank and its agent Bank(s)
(lncluding Foreign Currencies) 69,801,130,063 83,807,297,347
3,00 77,526,950,637 91,1O2,L72,683
Balance with other Banks & Financial Institutions
In Bangladesh 28,67 3,656,263 40.680,381,895
0utside Bangladesh 9,381,544,650 77,628,426,724
4.00 38,0s5,200,913 52,308,808,619

Money at Call on Short Notice 5.00 8,663,000,000 9,031,300,000

Investments
Government 673.131,57 6,047 550,695,158,356
Others 7 4,933,740,627 78,986,680,66L
6.00 6AA,064,716,668 629,64L439,O17
Loans and Advances
Loans, Cash Credi! Overdrafu, etc. 67 6,737,656,645 572,795,r30,205
Bills Purchased and Discounted L3 ,859 ,197 ,296 73,437,589,499
7.00 690,596,853,940 5A6,232,719,704
Fixed Asset includlng Premises, Furniture and Fixture 8.00 33,A7 6,421,496 33,A9L294,562
Other Assets 9.00 770,O20,306,696 L8A,9A5,629,47 6

Non-Banking Assets 10.00

Total Assets 1,706,803,450,750 L,591,233,7 64,462

LIABILITIES AND CAPITAL

Liabilities
Borrowing from other Banks, Financial lnstitutions & 11.00 494,325,r43 549,250,183
Agents
Deposit and Other Accounts
Current Accounts & otherAccounts etc. 231,392,546,360 243,072,272,784

Bills Payable 72,814,684,803 lL,043,066,246

528,620,042,+13 451,47 7,060,424
Savings Bank Deposits
Fixed Deposits 577,A9L093,980 553,247,976,484
97,505,675 ]]-,8a8,727
Other Deposits
L2.00 \35O,at9,A73,232 L25A,7A6,264,665

Other Liabilities 13.00 27A,750,357,4LO 246,282,644,415

Total Liabilities 1.630,060,555,824 1,505,618,159,2 63

Shareholders' Equity
Paid-up Capital 14.00 45,300,000,000 45,300,000,000

Statutory Reserve 15.00 74,547 ,096,640 73,469,002,429

Other Reserve 16.00 1-66,7 62,690 L65,773,816

Revaluation Reserve 17.00 24,0A2,604,30L 36,328,464,917

Surplus in Profit and Loss Account/Retained Earnings 18.00 (7,3s3,s68,7061 (9,647 ,575,963)

7 6,7 42,A94,925 85,615,605,199

Total Liabilities and Shareholders' Equity 1,7 06,ao3,45O,7 SO I,59t,233,7 64,462

,(
l7
 Sonali Bank Limited
Balance Sheet
As at 31 December 2021

2021 20zo
Particulars Notes
Taka
il Taka
Off Balance Sheet Items
Contingent Liabilities
Acceptances and Endorsements
Letters ofGuarantee 9,454,478,857 7 ,47 4,857 ,353
Irrevocable Letters of Credit 868,318,836,307 936,600,205,509
Bills for Collection 8.420,138,856 533A,003,972
Other Contingent Liabilities
19.00 aa6,r93,454,O20 949,413,066,834
Other Commitments
Documentary credits and short term trade related transactions
Forward assets purchased and forward deposits placed
Undrawn note issuance and revolving underwriting facilities
Undrawn formal standby facilities, credit lines and other
commitments
8a6,193,454,O20 949 ,4r3 ,066,434
Total offBalance sheet items including contingent liabilities
169.41 189.00
Net Asset Value (NAY) Per share

The annexed notes from 1 to 48 form an integral part ofthese frnancial statements'

N---"
subhash Chandra Das FCMA, FCA
Md ta n
CEO & Managing Director
CFO & lManager

A.K.M. lsla FCA, FCS tshtiaque AJlmed Chowdhury

Director
Director

ziaul Hasan Siddiqui

Chairman

This is the balance sheet referred to in our separate report ofeven date'

Signed for & on behalfof

Signed for & on behalfof Aziz Halim Khair Choudhury
ACNABIN Chartered Accountants
Chartered Accountants

D, -f.*U .tl. ofuilut

rc/ '
Dr. Iamshed s A Chouotrury,
Md. FCA
, Senior Partner
Partner ICAB Enrollment No. 363
ICAB Enrollment No. 787

DVC: .t{oro9 o+8+ 4s+E+919 Dvc,l?ogt7g6gn,qop9R

Datet 28 April 2022
Place: Dhaka

l8
 Sonali Bank Limited
Prolit and Loss Account
For the year ended 31 December 2O21
202L 2020
Particulars Notes
Taka Taka
Operating Income
Interest income 21.00 33,7 44,484,447 37,959,609,482
Interest paid on deposit and borrowing etc. 22.00 (43,537,089,1831 (4t,906,606,914)
Net Interest Income (9,792,604,7+2) (9,946,997,432)
Investment income 2 3.00 38,692,73L,31,9 39,996,429,1-47

Commission, exchange and brokerage 24.00 t3,05L,57 4,985 72,273,497,482

Other operating income 25.00 436,575,L95 550,347 ,477

52,180,881,500 52,820,264,041
Total operating Income (A) 4238A,276,758 42,873,270,609

Operating Expenses

Salary and allowances 26.00 t4,822,823,616 1.4 ,424 ,77 0 ,47 5

Rent, ta& insurance, electricity etc. 27.00 L,237,885,57 0 1,110,083,183

Legalexpenses 28.00 LA,977 ,304 34,104,542

Postage, stamps and telecommunication etc. 29.00 47,623,595 41,150,365

Printings, stationery, advertisements etc. 30.00 167,683,896 159,106,918

Chief Executive's salary and fees 31.00 9,054,180 7,806,877

Directors'fees 32 oo 5,099,600 3,677 ,900

Auditors'fees 33.00 4,6L6,980 4,28L,795

Depreciation & repair ofbank's assets 34.00 812,67L,187 793,706,908

Other expenses 35.00 4,364,750,L97 4,7 6A3L0,483

Total operating Expenses (B) 2L,4A+,526,125 2r,346,338,84r

ProfitBefore Provisior, Amortization and Taxes C=(A-B) 20,903,750,633 21,526,931,764
Provision for loans & advances 36.00 6,t06,700,767 t7,979,329,L37

Provision for diminution in value ofinvestment 37.00 (632,860,46r) (884,216,807)

Other provision 38.00 10,039,439,27 5 5,149,669,873

Total Provision (D) ts,5L3,279,SAO L6,L84,7a2,202

Total Profit/(Loss) before Taxes E=(C-D) 5,390,47t,O53 s,342,t49,s66
Provision for Taxation (F) L,933,A02,904 2,to7,aoo,L24
Current tax 13.06 577,509,649 505,975,762

Deferred tax 9 08'01 L,422,293,255 \607,A24,962

Net Profit/(Loss) 1a1 6=(E-F) 3,416,66A,L49 3,234,349,M2

"6"1

H
0haka

19
 Sonali Bank Limited
Profit and Loss Account
For the year ended 31 December 2021
2$zL zozo
Particulars Notes
Taka Taka
Appropriations
General Reserve
Statutory Reserve 15.00 L,078,094,21L 7,068,429,973
Reserve for CSR 76.02 50,000,000 50,000,000
Start-Up Fund 34,566,681
Reserve for Unwanted Risk arising from Vault 15,000,000
1, t62,660,a92 1,133,429,913
Retained Surplus Carried Forward 07 ,?57 _-__z,rog2re]sze_

Earnings Per Share (EPS) 44.00 7.63 7.t4

The annexed notes from 1 to 48 form an integral part ofthese financial statements
I

subhash Chandra Das FCMA, FCA Md. han

CFO & General Manager CEO & Managing Director

A.K,M.I(aM Isl FCA, FCS lsh ue Ahmed Chowdhury

Directo Director

ziaul Hasan Siddiqui

Chairman

This is the profit and loss account referred to in our separate report of even date.

Signed for & on behalfof Signed for & on behalf of

ACNABIN Aziz Halim Khair Choudhury
Chartered Accountants Chartered Accountants

[*v,,,,- D,,6*r,/r/ ./ / . l/rrrilty

rua. frlonirluzzaman, rcl Dr. famshed S A Choudhury, FC.41
Senior Partner
ICAB Enrollment No. 787 ICAB Enrollment No. 363

DVC: .t{o(Dgo?gt 4s ?5} 8+ C Dvc,?2o, lV88A5qoP3X

Datet 28 April2022
Place: Dhaka

20
 Sonali Bank Limited
Cash Flow Statement
For the year ended 31 December 2021

Particulars Notes 2021 2020

Taka Taka
A. Cash flows from operating activities
Interest received
70,85236A,722 77,729,522,997
Interest paid
(43,030,101,333J {42,1,86,496,393)
Dividend Received
373,647,902 275,277,857
Fee and commission and exchange received 72,433,334,331. 11,384,47 4,51.3
Recoveries of previously written-offloans & advances
1,336,100,000 526,392,195
Cash paid to employees
(74,898,067,700) (74,488,062,737)
Cash paid to Suppliers (L94,975,289) (274,1.22,807)
Income taxes paid (3,793,27 7,961) (2,894,962,346)
Cash Received from Other Operating Activities 39 436,575,795 550,347,+1t
Cash Paidfor 0ther 0perating Activities 40 5 717,584,792 5,99 877,892
Cash generated from operating activities
18,398,085,676 1B 69O,49339A
lncrease/(decrease) in operating assets and Iiabilities
Loans & advances to customers (704,364,734,236) (35,206,426,446)
Other assets 41 27,229,641,67 6 (71,,845,7 t0,L06)
Deposits from other banks 803,947,387 77,673,473,189
Deposits from customers 97,225,661,179 88,325,010,779
0ther liabilities 42 1,5,935,935,976 15 1,44,981,+7
24,431,O't,923 37,801,365,399
Net cash flow from operating activities 43 229,t37,599 56,491,A5A,79A
B. Cash flows from investing activities
(Purchase )/Sale of securities & bond (70,617,937,193) (7L5,047,7 57,t7 8)
(Purchase)/sale of fi xed assets 743 652,958 (1,L43,07 6,002)
Net cash used in investing activities 7t,361,5A4 151 {116,ta4,a27,180'l
C. Cash flows from linancing activities
Proceed from share issue
Payments for redemption ofloan capital & debt security (5492s,000)
[54,925,000)
Dividends paid
Net cash used in flnancing activities (s4,925 ,000) (s4,925,O00)
D. Net decrease in cash and cash equivalents (A+B+C) (2A,tA7 ,37 L,5521 (59 ,747,A933A2)
E. Cash and cash equivalents at beginning of the year 152,518,580,002 2L2,266,4733A4
F. Cash and cash equivalents at end of the year 43 L24,33L,20A,45O 152,518,580,002

The annexed notes from 1to 48 form an integral part of these financial statements.

Subhash Chandra Das FCMA, FCA Md. n

CF0 & General Man I CE0 & Managing Director

A.K.M. FCS Ishtiaque Ahmed Chowdhu

Director Director

Ziaul Hasan Siddiqui

Chairman

Dale: 28 April2022
Place: Dhaka

2t
 Sonali Bank Limited
Statement ofChanges in Equity
For the year ended 31 December 2021
Amount in Taka
Statutory Other Asset Revaluation Revaluation of Retained
Particulars Paid up-Capital Total Equity
Reserve Reserve Reserve Investrnent Earnings

45,300,000,000 t3,469,OO2,429 t6s,7t3,at6 2,,495,933,277 14,432,531,641 (e,647,s7 s,963) 85,615,605,199

Balance as at Ol January 2021

Surplus/deficit on accoult of revaluation of (72,245,860,616) (12,24s,860,6t6)

HTM, HFT and Remeasured Securities [RMS)
3,456,668,749 3,456,668,149
Net Profit for the Year(before appropriation)

(48,957,L26) (48,957,126)
Adjustments made for CSR during the year

Transferred to Reserve for CSR 50,000,000 (50,000,000)

Transferred to Statutory Reserve L.O78,094,277 (7,078,094,211)

Transfer to Start-Up Fund (34,566,681) (34,s66,641)

Balance as at 31 December 2021 45,300,000,000 14,547,096,640 166,7 62,690 21,495,933,277 2,5A6,671,O24 [7,353,568,705) 7 6,7 42,494,925

Balance as at 31 December 2020 45,300,000,000 13,469,OO2,429 165,713,4L6 21,495,933,277 14,832,531,641 (9,647,575,963) 85,615,605,199

The annexed notes from 1 to 48 form an integral part ofthese consolidated financial statements.
N

Subhash Chandra Das FCMA, FCA

CFO & Ceneral Manager CEO & Managing Director

Chowdhury
A.ICM. Islam FCS
Director
Director

ziaul Hasan siddiqui

Chairman

Date: 28 April?O22
Place: Dhaka

22
 Sonali Bank Limited
Liquidity Statement, Asset and Liabilities Maturity Analysis
As at 31 December 2021

Up to 01 month 1-3 months 3-12 months 1-S years More than 5 years
Particulars Total
maturity maturity maturity maturity maturity
Assets
Cash in hand 77,526,950,637 77,526,950,637
Balance with other banks and financial institutions a,430 ,544,650 22,687,9t5,040 3,861,000,000 3 ,07 5,7 47,743 38,055,200,913
Money atcall on short notice 8,663,000,000 8,663,000,000
Investments 2,506,466,7 50 a3 ,754,69 4,241 92,004,s69 ,937 334,420,098,246 17 5 ,97 0 .447 .460 688,064,7 16,66A
Loans and Advances 65 324,433 ,425 47 .2A0 ,847 ,933 206,645 ,365,17 7 166,600 ,325,256 204,7 41,882,149 690,596,853,940
Fixed assets including premises, furniture and fixtures 97,721,612 289,981,055 464,456,097 5,943,540,900 26,640 322,232 33,47 6,421,a96
Other assets 377,519,906 1,932,427,117 12.124,496.393 55,87 5 ,412,445 99 ,7 66,456,A3S 17 0,020,306,696
Non-banking assets
Total Assets 154,440,492,330 74r,O92,444,996 334,335,202,674 566,7 OO,37 6,887 510,234889,859 7,706,803,45O,7 50

Liabilities
Borrowings from Bangladesh Bank, other banks filancial 494,325,183 494,325,7A3
Deposits 634,405,865,254 113,210,880,081 403,655,052,902 707,47 4,044,309 98,070,030,685 1,350,815,473,232
Other accounts
Provision and other liabilities 82,244,143 902,339,958 18,878,320,900 67 ,422,879,917 t91,464,572.492 274.750.357.4rO
Total Liahilities 634,444,7O9,397 144,143,22O,O39 422,533,373,A0L 768,896,924,226 290,O24,92A367 1,630,060,555,824
Net Liquiditv GaD (4AO,O47 ,617 ,067) 26,979,264,956 (aa,t9a,9\723) 397 ,4O3,452,662 220,205,961,494 7 6,7 42,894,925

expected to fall below the currentyear's level.

The annexed notes from 1 form an integral part ofthese financial statemenG.
f

Subhash Chandra Das FCMA, FCA

CFO General Manager CEO & Managing Director

A.K.M. FCS Ishtiaque Ahmed Chowdhury

Director Director

Ziaul Hasan Siddiqui

Datet 28 April2022
Placer Dhaka

23
 Sonali Bank Limited and its subsidiaries
Notes to the consolidated and separate financial statements
As atand for the year ended 3l December 2021

1.00 Corporate prolile of the Bank and its activities

1.01 Legal status and nature ofthe reporting entity
Sonali Bank Limited, a state owned largest commercial Bank was incorporated in Bangladesh on 03 lune 2007 as a
public limited company under the Companies Act 1994 and Boverned by the Bank Company Act 1991 (amended to
date), Sonali Bank Limited took over the businesses, assets, liabilities, right, power, privilege and obligation of
erstwhile Sonali Bank femerged as a Nationalized Commercial Bank in 1972), pursuant to Bangladesh Bank
Nationalization otder lg72 (P.O. No, 26 of 1972) o\ a going concern basis through a vendor agreement signed
between the Ministry of Finance, People's Republic of Bangladesh on behalf of Sonali Bank and t]le Board of
Directors on behalf of Sonali Bank Limited on 15 November 2007 with a retrospective effect from 1 luly 2007. The
Bank has 1,229 branches including ttvo overseas branches at Kolkata and Siliguri in India. The Bank has tlree
100Y0 owned subsidiaries named Sonali lnvestment Limited (SIL),Dhaka, Sonali Exchange Co. Inc. (SECI), USA and
Sonali Bank [U.K) Limited, lt has also one associate named as Sonali Intellect Limited.

The registered office of Sonali Bank Limited is located at 35-42,44 Motiiheel Commercial Area, Dhaka-1000 and the
website address is www.sonalibankcom.bd
1.01.01 Principal Activities of the Bank
The principal activities ofthe bank are to vastly involved to provide a comprehensive range of financial services:
a) personal and commercial banking including accepting deposits, remittance, money transfer, foreign exchange
transaction, guarantee, commitments, trade and services, cash management, treasury, securities, etc. to its
bl iund based services iiqclude short term & long term loans, Project wise industrial credit, discounting and
purchasing bills, consumers and staffloans, House & car loans etc.
cl The Bank also provides custodian services and perform Government treasury functioning as an agent of tie
Bangladesh Bank as well through its 731 branches [including 58 chest and B sub chest branchesJ.
1.01.02 Islamic Banking Window
Sonali Bank Limited has started banking business based on Islamic Shariah since 29 June 2010. The lslamic Banking
Windows are performing the banking activities through on-line banking through collection of deposit and
investment assistance. The bank operates Islamic Banking window in 58 (Fifty EiEhtl windows designated in
compliance witi the rules oflslamic Shariah.
Separate financial statement oflslamic Banking Window has been drawn up in the report
7.O2 Subsidiaries of the Bank
Sonali Bank Limited has three 1000/o owned subsidiaries named Sonali Exchange Co, lnc. (SECI), USA, Sonali
Investment Limited (SIL),Dhaka, and Sonali Bank (U.K) Limited.
1.02.01 Sonali Exchange Co. lnc. (SECI), USA
A subsidiary company named Sonali Exchange Co. Inc. was incorporated on 4 April 1994 under the laws of the state
of New york, Department of State, licensed on 17 October 1994 by the State of New York Banking Department and
commenced operation as an International Money Remitter from 12 December 1994. The Company is a wholly-
owned subsidiary of Sonali Bank Limited, a fully state owned bank of Bangladesh, which is also the Company's
ultimate holding company, The principal activities of the Company are to carry on the remittance business and to
undertake and participate in any or all transactions, activities and operations commonly carried on or undertaken by
remittance and exchange house.
1.02.02 Sonali Investment Limited (SIL), Dhaka
Sonali Investment Limited was registered under the Company Act 1994 as a Public Company Limited by shares on
20 April 2010 and commenced its operation from 22 April 2010. The Company obtained registration from Securities
and Exchange Commission as a merchant bank on 28 October 2010. The Company is a wholly-owned subsidiary of
sonali Bank Limited, a fully state owned bank of Bangladesh, which is also the company's ultimate holding company-
The prirlcipal activities of the company comprised of merchant banking, portfolio management, issue management
and underwriting and play active role in the Capital Market ofBangladesh ,
1.02.03 Sonali Bank (UIO Ltd.
A money remitting company under the name and sVe of Sonali Trade and Finance [U.KJ Limited was incorporated
as an associate under the U.K. Companies Act 1985 on 30 lune 1999. Subsequently the company was allowed to
commence its function as a bank from 7 December 2001 (the operational activities started on 10 December 2001) by
the Financial Services Authority of U.K. had changed its name as Sonali Bank (U.KJ Ltd. and restructured the
ownership of the Company having 510/0 share capital in favor of the Government of the People's Republic of
Bangladesh and remaining 490lo by Sonali Bank Limited. It was considered as subsidiary as per instraction of
Banglad k from 2021 (h at

t+
Dha ka

z4
e
1.02.04 Accounting Policies of Subsidiaries
The Financial Statements oftwo subsidiaries have been prepared with consideration and measurement of all assets,
liabilities, income and expenses as well as regularised under Group accounting policies as Parent Company follows.
IFRS sets out the conditions under which an entity qualifies as a parent undertaking which should prepare
consolidated financial statements for its group-the parent and its subsidiaries. In general an investor that controls an
investee entity is its parent and should account for that entity as a subsidiary. The bank has complied the applicable
IFRS in preparing its separate and consolidated financial statements.
1.03 Associate
1.03.01 Sonali lntellect Limited
Sonali Intellect Limited (hereinafter referred to as the "Company" of SIL) was incorporated in Bangladesh as a
private Limited company on 25 .January 2012 under t]Ie Companies Act 1994, The Company commenced its business
operation on 01 February 2012.The principal activities of the Company are to customize, enhance, modiry, and
implement Intellect CBS 10.0 Software in Banks. The Company also provides other services like initiation,
development and implementation of computer application systems, etc relevant to the customer and any other
business undertakings. The ownership of the Company having 510/o share capital in favor of Intellect Design Arena
Limited, lndia,35% by Sonali Bank Limited, 100/0 by Bangladesh Commerce Bank Ltd and remaining 40lo by
Panthosoft Limited.
2,00 Basis ofpreparation and significant accounting policies
2.01 Basis of preparation
The consolidated financial statements of the Group and tie financial statements of the Bank as at and for the year
ended 31 December 2021 have been prepared under the historical cost convention except investmenti and in
accordance with the "First Schedule" (section 3BJ of the Bank Company Act 1991 [Amended to date), and
Bangladesh Bank (the Central Bank of Bangladesh) through BRPD Circular no. 14 dated 25 Iune 2003, other
Bangladesh Bank Circulars, International Financial Reporting Standards (lFRSs), the Companies Act 1994, the
Secuiities and Exchange Rules 2020 and other laws and rules applicable in Bangladesh. In case any requirement of
provisions and circulars issued by Bangladesh Bank differs with those of other regulatory authorities, tlle provisions
and circulars issued by Bangladesh Bank shall prevail.
2.02 Statement of Compliance
The financial statements have been prepared on a going concern basis following accrual basis of accounting in
accordance with the "First Schedule (section 38) of the Bank Company Act 1991 (amended to date) and BRPD
circular no. 14 dated 25 fune 2003, BRPD circular no. 15 dated 9 November 2009, other Bangladesh Bank Circulars,
International Financial Reporting Standards (lFRSS), International Accounting Standards (lASs), Financial
Accounting Standards issued by the Accounting and Auditing Organization for lslamic Financial Institutions, Bahrain
etc. The Bank also complied with the requirement ofthe following regulatory and legal authorities:
i) The Bank Company Act, 1991 [amended to date)
ii) The Companies Act,1994
iii) Rules, regulations and circulars issued by the Bangladesh Bank from time to time
iv) Securities and Exchange Ordinance 1969
vl Securities and Exchange Commission Rules, 2020
vi) lncome Tax 0rdinance and Rules 1984
vii) The Value Added Tax & Supplementary Duty Act, 2012
viiiJ The Value Added Tax & Supplementary DutyRules, 2016
ix) Bangladesh Labor Act, 2006 lamended 2013) and Labor Rules 2015
However, the Group and the Bank has departed from some requirements of IFRSS in order to comply with the rules
and re8ulations of Bangladesh Bankwhich are disclosed below
2.02.01 Investment in shares and securities
IFRS: As per requirements of IFRS 9 investments in shares and securities generally fallit eitlier under "at fair value
through irofit and loss Account" or under "available for sale" where any change in the fair value [as measured in
accordance with IFRS 131 at the year-end is taken to profit and ]oss Account or revaluation reserye account
respectively.
Bangladesh Bank As per BRPD circular no. 14 dated 25 lune 2003 investments in quoted shares and unquoted
sharis are revalued at the year end at market price and as per book value oflast audited balance sheet respectively.
But as per DOS Circular no. 04, dated 24 November 2011, provision should be made for any loss arisil8 from
diminution in value ofinvestment; otherwise investments are recognised at cost'
2.02.02 Revaluation gain/loss on Government securities
IFRS: As per requirement of IFRS 9, T-bills and T-bonds fall under the category of held for trading" and held to
maturity" where any change in the fair value of held for trading is recognised in Profit and Loss Account and
amortised cost method is applicable for held to maturity using an effective interest rate.
(hail

l+Y4
Dhaka
q

25
 Bangladesh Banlc According to Department of Offsite Supervision (D0S) of Bangladesh Bank Circular no. 5 dated
26 May 20OB and subsequent clarification in DOS Circular no. 5 dated 28 January 2009 of Bangladesh Bank loss on
revaluation of Government securities (Treasury Blll (T-billl/ Treasury Bond (T-bond]) which are categorised as
held for trading should be charged through Statement of Comprehensive lncome (Profit and Loss Accountl, but any
gain on such revaluation should be recorded under Revaluation Reserve Account, However, at the year-end if there
is any revaluation gain for any particular held for trading T-bills/T-bonds; such gain can be used to tle extent of any
revaluation loss for that particular held for trading T-bills/T-bonds. T-bills designated as held to maturity are
measured at amortized cost method but interest income / gain should be recognized through reserve.

2.02.03 Provision on loans and advances/investments

IFRS: As per IFRS 9 an entity should start the impairment assessment by considering whether objective evidence of
impairment exists for financial assets that are individually significant. For finrn.ial assels which are not individually
significant, the assessment can be performed on an individual or collective (portfolio) basis.
Bangladesh Bank As per BRPD Circular No. 14 (23 September 2012J, BRPD circular N0.19 (27 December 2012),
BRpb circular No.0s ( 29 May 2013), BRPD Circular No. B [02 August 2015),BRPD Circular N0.12 (20 August 2017),
BRPD Circular N0.15 [ 27 September 2017), BRPD Circular No. 01 [20 February 2018) and BRPD Circular No 56 (10
December 2020J a general provision at 0.250lo to 5olo under different categories of unclassified Ioans fgood/standard
loans) has to be maintained regardless of objective evidence of impairment. Also provision for sub-standard loans,
doubtful loans and bad losses has to be provided at 20Vo,500/o and 100% respectively for loans and advances
depending on the duration of overdue. Again as per BRPD circular no.10 dated 18 September 2007 and BRPD
circular no. 14 dated 23 September 2012, a general provision at 1olo is required to be provided for all off-balance
sheet exposures provisions are also kept based on circulars of Bangladesh Bank from time to time as required. Such
provision policies are not specifically in Iine with those prescribed by IFRS 9.

2.O2.O4 Recognition ofinterest in interest suspense account

IFRS: Loans and advances to customers are generally classified as'loans and receivables' as per IFRS 9 and interest
income is recognized through effective interest rate method over the term of the loan. Once a loan is impaired,
interest income is recognized in plofit and loss account on the same basis based on revised carrying amount.
Bangtadesh Bank As per BRPD circular no. 14 dated 23 September 2012, once a loan is classified, interest on such
loans are not allowed to be recognized as income, rather the corresponding amount [eeds to be credited to interest
suspense account, which is presented as liability in the balance sheet.
2.O2,05 Other comprehensive income
IFRS: As per IAS 1, Other Comprehensive Income (OCI) is a component of financial statements or the elements of
other comprehensive lncome (ocl) are to be included in a single comprehensive lncome (scl) statemenL
Bangladesh Bank Bangladesh Bank has issued templates for financial statements which will stricdy be followed by
all binks. The templates of financial statements issued by Bangladesh Bank do not include OtIer Comprehensive
Income; and the elements of Other Comprehensive lncome are also not allowed to be included in a Single
Comprehensive Income (SCIJ Statement As such the company does not prepare the 0tier Comprehensive Income
statement. However eleme[ts of SCI, ifany, are shown in the elements of the statement of changes in equity.

2.02.06 Financial instruments

ln several cases Bangladesh Bank guidelines categories, recognize, measure and present financial instruments
differently from those prescribed in IFRS 9. As such full disclosure and presentation requirements of IFRS 7 and IAS
32 cannotbe made in the financial statements.
2,02.07 REPO Transactions
IFRS: As per IFRS 9, when an entity sells a financial assets and simultaneously enters into an agreement to
repurchase the asset (or a similar asset) at a fixed price on a future date IREPO or stock lending), the arrangement is
accounted for as a deposi! and the underlying asset continues to be recognized in tJIe entity's financial statements.
This transaction will be treated as loan and the difference between selling price and repurchase price will be treated
as interest exPenses.
Bangladesh Bank: As per BRPD guidelines, when a bank sells a financial asset and simultaneously enters into an
agre-ement to repurchase the assets (or a similar asset) at a fixed price on a future date (REPo or stock lendingl, the
al.ang".ent is i..ounted for as a normal sales transactions and the financial assets are derecognized in the seller's
book and recognized in the buyer's book
2,02.08 Financial guarantees
IFRS: As per IFRS 9, financial guarantees are contracts that require an entity to make specified payments to
reimburse the holder for a loss it incurs because a specified debtor fails to make payment when due in accordance
with the terms of a debt instrument. Financial guarantee liabilities are recognized initially at their fair value, and the
initial fair value is amortized over t]le Iife ofthe financial guarantee. The financial guarantee liability is subsequently
carried at the higher of this amortized amount and the present value of any expected payment when a payment
under the tee has become probable. Financial guarantees are included within other liabilities-

26
 Bangladesh Bank As per BRPD circular 14, dated 25 june 2003, financial guarantees such as letter of credit, letter
of guarantee will be treated as off-balance sheet items. No liability is recognized for the guarantee except tie cash
margin,
2.02.09 Cash and cash equivalents
IFRS| Cash and cash equivalents items should be reported as cash item as per IAS 7.
Bangladesh Bank As per BRPD circular 14, dated 25 june 2003, some cash and cash equivalent items such as
'money at call and on short nouce', Treasury bills, Prize bond are not shown as cash and cash equivalenL Money at
call and on short notice is shown as face item in balance sheet, and Treasury bills, Prize bonds are shown in
lnvestmenL
2.02.10 Non-bankingassets
IFRS: No indication of nolt bankilg assets is found in any IFRS.
Bangladesh Bank As per BRPD Circular No. 14 dated 25 June 2003, tiere must exist a face item named Non-
bankins asset.
2,02,11 Cash flow statement
IFRS: Cash flow statement can be prepared either in direct method or in indirect method. The presentation is
selected to present these cash flows in a manner that is most appropriate for the business or industry. The method
selected is applied consistently.
Bangladesh Bankr As per BRPD Circular No. 14 dated 25 June 2003, cash flow is a mixture of direct and indirect
methods.
2.02.12 Balance with Bangladesh Bank (CRR)
IFRS: Balance with Bangladesh Bank should be treated as other assets as it is not available for use in day to day
operations as per tAS 7.
Bangladesh Bank Balance with Bangladesh Bank is treated as cash and cash equivalents.
2.02,13 Presentation of intangible asset
IFRS: An intangible asset must be identified and recognized, and the disclosure mustbe given as per IAS 38,
Bangladesh Bank There is no regulation for intangible assets in BRPD Circular No. 14 dated June 25, 2003.
2.02.14 Offbalance sheet items
IFRSI There is no concept of off balance sheet items in any IFRS. But mostly the entity shall follow IAS 37 to
recognise offbalance sheet items.
Bangladesh Bank As per BRPD Circular No, 14 dated June 25, 2003, off balance sheet items (e.g. Letter of credit,
Letter of guarantee etc.) must be disclosed separately on the face ofthe balance sheet.
2.02.15 Loans and advance net ofprovision
IFRS: Loans and advances should be presented net ofprovisions.
Bangladesh Bank As per BRPD circular 14, dated 23 September 2012, provision on Ioans and advances are
presented separately as liability and cannot be netted offagainst loans and advances.
2,03 Basis of-measurement
The financial statements of the Bank have been prepared on the historical cost basis except for the following
material itemsi
a) Government Treasury Bills and Bonds designated as 'Held for Trading (HFI)'at present value using mark to
market conceptwith gain crediting to revaluation reserve.
b) Government Treasury Bills and Bonds designated as 'Held to Maturity (HTMJ' and Re-measured Government
Treasury Bond at presentvalue using amortization concepL
c) Investment in shares of listed companies.
dl Land and Buildings is recognized at the time of acquisition and subsequently measures at fair value as per IAS 16
fProDertv, Plant and Equipment).
The accounting policies unless otherwise stated , have been consistently applied by the bank and are consistent with
those ofthe previous year.
2.04 Basis of consolidation
A separate set of records for consolidation of the statement of affairs and income and expenditure of the branches
are maintained at the Head Office ofthe Bankbased on which these financial statements have been prepared,
The consolidated financial statements comprise of the filancial statements of Sonali Bank Limited, including
overseas branches Kolkata and Siliguri, Subsidiaries-Sonali Investment Limited (SILJ and Sonali Exchange Co. Inc.
[SECI), USA and Sonali Bank [U.KJ Ltd as well as associate Sonali Intellect Ltd. as at 31 December 2021.
2,04,01 Subsidiaries
Subsidiaries are entities controlled by the group. In compliance with IFRSl0 "Consolidated Financial Statements".
the financial statements of subsidiaries are included in the Consolidated Financial Statements from the date that
.ontrol commences until the date the control ceases. (id

@
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27
2.04.02 Associates
ln compliance with the requirement of IAS 28 "lnvestment in Associates and Joint Ventures", tlle accounting
treatment regarding investment in associates have been addressed.
Conversion policy ofSubsidiaries & Associate
The conversion policy ofSonali Exchange Co, lnc. and Sonali Bank (U.K) Ltd, is as follows:
Particulars Currency conversion rate SECI sBtu.K) Ltd.
For Assets & Closing rate USD to BDT GBP to BDT
Liabilities
For income & Average rate USD to BDT GBP to BDT
Expenses
2.04.03 Transactions eliminated on consolidation
Intra-group balances and transactions and any unrealized income and expenses arising from intra-group
transactio[s are eliminated in preparing the Consolidated Financial Statements. Unrealized gains arising from
transactions with equiw accounted investees are eliminated against t}le investment to the extent of the group's
interest in the investee. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent
there is no evidence ofimpairment.
2.05 Use ofestimates and iudgments
The preparation of the consolidated financial statements of the Group and the financial statements of the Bank in
conformity with Bangladesh Bank Circulars and IFRSS requires management to make judgments, estimates and
assumptions that affect the application of accounting policies and the reported amount of assets, liabilities, income
and expenses. Actual result may differ from these estimates,
Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognized in the period in which the estimate is revised and in any future period affected.
lnformation about significant areas of estimation uncertainty and critical judgments in applying accounting policies
that have the most significant effect on the amounts recognized in the consolidated financial statements.
2.06 Changes in accounting estimate and errors
The effect of a change in an accounting estimate shallbe recognized prospectively by including it in profit orloss in:

(aJ the if the change affects thatperiod only; or

period of the change,
[b] the period change and future periods, if the change affects both. To the extent that a change in an
of the
accounting estimate gives rise to changes in assets and liabilities, or relates to an item of equity, it shall be
recognized by adjusting the carrying amount of the related asset, liability or equity item in the period of the change,
Material prior period errors shall be retrospectively corrected in the first financial statements autlorized for issue
after their discovery by:
(i) restating the comparative amounts for the prior period(s] presented in which it is required to make proper
comparison;or
if the error occurred before the earliest prior period presented, restating the opening balances of assets,
(ii)
liabilities and equity for tIe earliest prior period presented.
2.07 Books ofaccount
The Company maintains its books of account for main business in electronic form through soft automation.
The accounts of Sonali Bank are generally kept on the double entry system the day book, the Seneral ledger, the cash
book, the currentaccount ledger, the deposit accountledger, the bill books etc
2,08 Foreign currency transactions
2.08.01 Functional and presentational currency
Financial statements ofthe Bank are presented in Taka, which is the Bank's functional and presentational currency.
2.08.02 Foreign currency transactions
Foreign currency transactions are converted into equivalent Taka currency at the ruling exchange rates on the
respective dates ofsuch transactions as per IAS 21 "The effects ofChanges in Foreign Exchange Rates".
Assets and liabilities in foreign currencies at 31 December 2021 have been converted into Taka currency at the
average ofthe prevailing buying and selling rates of the relevant foreign currencies at that date except Balances with
other Banks and Financial Institutions which have been converted as per directives of Bangladesh Bank vide its
circular no. BRPDIRJ 717 /2004-959 dated 21 November 2004.
2.08.03 Commitment
Commitments for outstanding forward foreign exchange contracts disclosed in these financial statements are
translated at contracted rates. Contingent liabilities/commitrnents for letter of credi! letter of guarantee and
acceptance denominated in foreig n currencies are expressed in Taka terms at the rates of exchange ruling on the

@
date ofbalance sheet.

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28
2.08.04 Foreign operation
The assets & liabilitiesof foreign operations are translated to Bangladeshi Taka at exchange rate prevailing at the
statement of financial position [balance sheet] date. The income & expenses of foreign operations are tralslated at
average rate of exchange for the year, Foreign currency differences are recognized and presented in the foreign
currency hanslation reserve in equity. When a foreign operation is disposed of such that control, the cumulative
amount in the translation reserve related to that foreign operation is reclassified to profit or loss as part of the gain
or loss on disposal. When the Group disposes as tie only part of its interest in a subsidiary that includes a foreign
operation while retaining control, the relevant proportion of the cumulative amount is reactivated to non-
controlling interest,
2.08.05 Translation gain and losses
Gains or losses arising out of translation of foreign exchange have been included in the Profit and Loss Accounts and
in Balance Sheet.
2.09 Materiality, aggregation and offsettinB
The Bank presents separately each material class of similar items and presents separately items of a dissimilar
nature or function unless those are immaterial. The Bank did not offset assets and liabilities or income and expense,
uoless required or permitted by IFRS.
2.10 Cash Flow Statement
Cash Flow Statement is prepared principally in accordance as per the guidelines of BRPD Circular n0.14 dated 25
lune 2003 and lnternational Accounting Standard-7 "Cash flow Statemenu', The Cash Flow Statement shows the
structure of and changes in cash and cash equivalents during the year, Cash Flows during the year have been
classified as operating activities, investing activities and financing activities.
2.11 Statement ofChanges in Equity
The statement of changes in equity reflects information about increase or decrease in net assets or wealth.
Statement of changes in equity has been prepared in accordance with InternaUonal Accounting Standards IAS 1
"Presentation ofFinancial Statements" and relevant guidelines ofBangladesh Bank
2.12 Branch Accounting
The Bank has 1229 branches including two overseas branches as on 31 December 2021. Accounts of the branches
are maintained at the branch level arld for consolidation a separate set of records of the statement of affairs and
income and expenditure of the branches are compiled at the Head Office of the Bank based on which these financial
statements have been prepared.
2.13 Liquidity statement (Asset and Liability Maturity Analysis)
The liquidity statement has been prepared in accordance with remaining maturity grouping ofAssets and Liabilities
as ofthe close ofthe as er followi basis
Particulars Basis
Balance with other banks and financial institutions Maturity term
Investments Residual maturi term
Loans and advances en aturi schedule
Fixed assets Useful lives
0ther assets ustment
Bo from other bank and financial ent Maturi schedule
D osits and other accounts Maturi term and Behavioral ast trend
Other I term liabili Maturi term
Provisions and other liabilities Settlement
2.14 Events after the Reporting Period
Events after the reporting period that provide additional information about the Bank's position at the balance Sheet
date are reflected in the financial statements in Note no. 48 as per International Accounting Standards IAS 10
"Events after the Reporting Period".
Impact ofCovid 19 on financial reporting
The effects of the COVID-19 pandemic have significant global implications for economies, markets and businesses,
including volatilify and possible material uncertainties. The operations of tlle Bank itselfhave been affected due to
the res;ictions brought about by the COVID-1g pandemic by the government and Bangladesh Bank. Various
circulars and facilities were allowed to the borrower [s) of the Bank considering the impact of COVID-19 in the
operation oftheir business. There is an increasing probability that assertions and estimates related to reporting may
be materially impacted due to loan repayment and other flexibility to borrowers as ordered by Bangladesh Bank,
financial market volatility, deteriorating credit or liquidity concerns, government interventions, and disruptions in
production and supply chain, among other matters. The Bank has assessed all the impact of C0VID-19 and the
instructions ofregulators regarding covlD-19 and reflected the same in the financial statements,

2.15 coing Concern

The accompanying financial statements have been prepared on a Soing concern basis, which contemplates the
realizati d the satisfaction of liabilities in the normal course of business. The acco al
stateme e any adjustments should the bank be unable to continue as a going con

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4c!n $
 2.16 Assets and the basis of their valuation
The accounting policy have been applied consistently to all periods presented in tiis consolidated financial
statements and those of the bank and have been applled consistently by the group entities except as explain in Note
2.02.
2.16.01 Cash and cash equivalents
Cash and cash equivalents include notes and coins on hand, unrestricted balances held with Bangladesh Bank and
highly liquid financial assets which are subject to insignificant risk of changes in their fair value, and are used by the
bank management for its short term commibrents as well as prize bond.
2.16.02 lnvestments
All investments are initially recognized at cost, including acquisition charges associated with t]le investment.
Premiums are amortized and discount accredited, using the effective or historical yield method. Accounting
treatment of government treasury bills and bonds (categorized as HFT or/and HTM) is made following Bangladesh
Bank DOS circular letter no. 5 dated 26 May 2008 and as amended on 28 January 2009 and DOS Circular letter no.
dated 19 January 2012.

2.16.02.01 Held to Maturity (HTM)

lnvestments (financial instrumentsJ which have fixed or determinable maturity date and the bank has no intention
to sell before their maturity date irrespective of changes in market prices or the bank's financial positiol or
performance are grouped as held to maturity. Government Treasury Bills, Government Treasury Bonds and other
securities approved for statutory liquidity reserves have been classified as held to maturity financial assel These are
measured at amortized cost at each year end by taking into account any discount or premium in acquisition. Any
increase or decrease in value ofsuch investments is booked to equity.

2.16.02.02 Held for Trading (tlFT)

The securities under this category are the securities acquired by the bank with the intention to trade by taking
advantages of short term price/interest movement and the securities those are classified as HFI by the Bank held in
excess of SLR (net ofCRRJ at a minimum level. Investments classified in this category are principally for the
purpose
ofselling or repurchasing on short trading or ifdesignated as such by the managemenl ln this category, investments
are measured in fair value and any change in the fair value i.e. profit or loss on sale of securities in HFI category is
recognized in the Profitand Loss Account.
Value ofinvestments is stated as per the following bases:
Perticulars valuation Method
Government Securities:
Governmerlt Treasu Bills PresentValue
Prize Bonds Cost Price
Bank Bills Cost price
S ecial Treas Bonds PresentValue
Reverse o Cost Price
Debentures of Govt. rations Cost price
Other Investments uoted Shares Market Price
Other Investments ( Other than Quoted SharesJ Cost Price

2.16.02.03 REPO and Reverse REPO

Since 01 September 2010 transactions of REPO and Reverse REPO are recorded based on D0S Circular No.6,
dated
15 July 2010 of Bangladesh Bank. In case of REPO of both coupon and non-coupon bearing [Treasury billJ security,
Sonati Bank Limited adjusted the Revaluation Reserve Account for HFI securities and stopped the wee6y
revaluation (if the revaluation date falls within the REPO period) of the same security. For interest bearing security,
sBL stopped the accrual of interest during REPO period.

2.16,02.04 lnvestment in Quoted and unquoted securities

lnvestments in equity instruments/shares that are not quoted in active market are not measured at fair Yalue due to
absence of information required to measure in fair value reliably; so these are presented at cost. The equity
instruments that are quoted in active market a re measured at fair value. Details ofquoted and unquoted shares are
shown in Annexure'H (ha

^! H
Dhaka
a

30
2.16,02.o5 Derivative Investments
Derivatives are financial instruments that derive their value in response to changes in interest rates, financial
instrument prices, commodity prices, foreign exchange rates, credit risk and indices.
Derivatives are categorised as trading unless they are designated as hedging instruments.
AII derivatives are initially recognized and subsequently measured at fair Value, wit]I all revaluation gains
recognised in the Income Statemeot I except where cash flow or net investment hedging has been achieved, in which
case the effective portion of changes in fair value is recognized within other comprehensive income).

2.16.02.06 Revaluation of investment

As per t]le DOS (BB) Circular letter no. 05 dated 26 May 2008 & subsequent amended circular no. 05 dated 28
January 2009, HFI (Held for Trading) securities are revalued on weeklybasis and HTM (Held to Maturity) securities
are amortized on yearly basis. The HTM secu ties are also revalued if they are reclassified to HFI category with the
Board's approval. Any gain or loss on revaluation of HTM securities is recognized in the statement of changes in
equity. Gain/(Loss) on revaluation of HFT securities is recognized in the pront and Ioss account on weekly basis and
gain on revaluation is transferred to statement ofchanges in equity on monthlybasis.

Measurement after Recording ofchanges

lnvestmerlt class Initial Recognition
initial recognition
Govt. T-bills/bonc Loss to P & L, gain to Revaluation Reserve
Cost Face value
through P & L
Govt. T-bills/bond Cost Amortized cost lncrease or decrease in value to equity
Debenture/Bond Face value Face value None
Investment in Loss to P & L, gain to Revaluation Reserve
Cost Fair value
listed securities
Prize bond Cost Cost None

2.16.02.07 Investments in subsidiary

Investment in subsidiaries is accounted for under tie costmethod of accounting in the Bank financial statements in
accordance with lnternational Accounting Standard (lAS) 27. Accordingly, investments in subsidiaries are stated in
the Bank balance sheet at cos! less impairment losses if any.
2.16.02,08 Statutory and Non-statutory lnvestment
Statutory lnvestments
Amoult which is invested for maintaining statutory liquidity ratio according to MPD circular no. 02 dated 10
December 2013 and DOS circular no. 01, dated 19 January 2014 of Bangladesh Bank is treated as statutory
investment, these includes treasury bill, treasury bond, other govt, securities etc, Details of statutory investment
have been given in note -6,03.01
Non- Statutory Investments
All inyestment except statutory investment is treated as non-statutory investment such as debentures corporate
bond , ordinary share (quoted and unquoted), preference share etc. Details of non-statutory investment have been
given in note-6.03.02
2.16.02.09 Investments in associate
Investment in associate is accounted for in the book of financial statements of the Bank, in accordance with the
Irternational Accounting Standard IlAS) 28'lnvestments in Associates and JoiotVentures"
2.16.02.10 Investment and related income
[a] Income on investments other than shares is accounted for on accrual basis concept; and
(bJ Dividend income on investment in shares is accounted for in the year when right has been established.
2.16.03 Loans and advanccs and its provisions
Loans and advances are stated at gross amount. General Provisions on unclassified loans and Off-Balance Sheet
Items,specific provisions for classilied loans and interest suspense account thereon are shown under other liabilities.
provision is made on the basis of quarter end against classified loans and advances review by the management and
instruction contained in BRPD Circular no. 74 dated 23 September 2012, BRPD circular no. 79 dated 27 December
2012, BRPD circular n0.05 dated 29 May 2013, BRPD circular no.0B dated 02 August 2015, BRPD circular no.01
dated 20 February 2018 and BRPD circular no, 56 dated 10 December 2020 and other applicable circulars for the
year 2027 Khan

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3l
2.16.O3.O1 Interest on loans and advances
i) Interest is calculated on unclassified loans and advances and recognized as income during the year;
ii) Interest calculated on classified loans and advances as per Bangladesh Bank Circulars is kept in interest suspense
account and credited to income on realization;
iii) Interest is calculated on daily product basis but debited to the party's loan account quarterly, No interest is
charged on loans and advances which are classified as bad and loss;
ivJ Total balance of loans and advances as on 31 December 2021 includes bad/loss loan Taka 115,655.27 million on
which the Bank did not accrue any interest because ofdeterioration ofquality ofloans and advances determined by
the management and on the basis of instructions contained in Bangladesh Bank Circulars as mentioned in Note
2.16.03 ofthis financial statements; and
v) Interest suspense and penal interest, if an, calculated on classified loans and advances are taken into income in
the year ofits receipt from the defaulting borrowers.
2.76.03.02 Provision for loans and advances
provision for loans and adyances are made on quarter basis as well as year-end review by management following
instructions contained in BRPD Circulars issued by Bangladesh Bank General Provision on unclassified loans and
advances and specific provision on classified loans & advances are given belowl
Rate of rovlslon:
Particulars Short Consumer Financing SMEF Loan to BHs/ MBs/ All other credit
term agri Other Than HF LP SDs
credit HF&LP
Unclass Standar 1.000h 5o/o lo/o 2o/o 0.250/o 2o/o 1o/o

ified d
SMA Oo/o So/a 1o/o Za/o 0.25o/a 2o/o

Classifi SS 5o/o 20o/a 20o/o 200/o 20o/o 20o/o 20o/o

ed DF 5o/o 500/o 500/o 50o/o 500/o 50% 500/o

BL 1000/o 700o/o 1O0o/o 100% 100o/o 700% l00o/o

*ln line with BRPD Circular no. 04, dated 29lanuary 2015, provision for restructured loan is calculated @ 2010, as per
BRPD Circular no. 56, dated 1O December 2020 the special general provision is @ 2%,
2.16.03.03 Presentation ofloans and advances
Loans and advances are shown at gross amount as assets while interest suspense and loan loss provision against
classified advances are shown as liabilities in the statement offinancial position.
2.16.03.04 Write offloans and advances
Loans and advances/investments are written off as per guidelines of Bangladesh Bank These written off
however will not undermine/affect the claim amount against the borrower. Detailed memorandum records for
all such written offaccounts are meticulously maintained and followed up'
2.16.03.0S Securities against Loan
prorect loan: Land and building are taken as security in the form of mortgage and plant & machinery are taken in
the form of hypothecation.
working capital and trading loan: form of pledge and also goods are taken as
Goods are taken as security in the
security in the form of hypothecation along with land and building as mortgage (value not less tlan 1.50 times
covering the loan amountl in the form ofcollateral security.
House building toan: Land and building are taken as security in the form ofmortgage'
overdraft: FDRs are taken in pledge The balance in DPS/JBSPS/SDPS A/C's is taken in "lien"'
public sector loanl In most cases Govl Guarantee is taken and no security is taken for Eovernment loan and
Crops loans in agriculture sector.
2.16.04 Bills Purchased and Discounted
a) Bills purchased and discounted do not include Government Treasury bills and have been classified into two sub-
heads viz
iJ Payable outside Bangladesh,
iil Payable in Bangladesh and
b) The bills purchased and discounted have been analyzed in the form/terms as per the maturity grouping'
2.a6.OS Property, Plant and Equity
2.16.05.01 Recognition and Measurement
All property, plant and equipment are classified and grouped on the basis of their nature as required in IAS 1
,'Presentation of Financial Statements". The major categories of Property, plant and equipment held by the bank are
property (Premises & Buildings), Library Booh Furniture and fixtures, Electrical Installations, Typewriters and
Calculating machines, Computer/Software, Motor Car and other vehicles. As per Para 31 of IAS 16 after recognition
as an asse; an item of property, plant and equipment whose fair value can be measured reliably shall be carried
at a
revalued amount, being its fair value at the date of the revaluation less any subsequent accumulated depreciation
and subsequentaccumulated impairment losses.
All Fixed Assets are stated at cost less accumulated depreciation as per IAS 16 "PIoperty, Plant & Equipment". The
Cost of ofan asset comprises its purchase price and any directly attributable cost ofbringi to
(ha/r
its w for its intended use inclusive ofinward freigh! duties and non-refundable

32
q
 The bank recognizes in the carrying amount of an item ofproperty plant and equipment's the cost ofreplacing part
ofsuch an item when that cost is incurred if it is probable that the future economic benefits embodied with the item
will flow to the bank and the cost of the item can be measured reliably. Expenditure incurred after the assets have
been put into operation, such as repairs and maintenance is normally charged off as revenue expenditure in the
Deriod in which it is incurred.
As guided in paragraph 30 of IAS 16 "Property Plant and Equipment" these are capitalized at cost of acquisition and
subsequently stated at cost less accumulated depreciation, The cost ofacquisition ofan asset comprises its purchase
price and directly attributable cost of bringing the assets to its working condition for its intended use inclusive of
inward fright, duties and refundable taxes. The opening and closing carrying amounts ofall property and equipment
are presented including the amount of additions, disposals and depreciation charged during the year as required by
paragraph 73 of IAS 16, Repairs and Maintenance expenses that does not increase in the future economic benefit of
assets is charged to profit & loss account.
2.16.0s.o2 Depreciation
As required of IAS 16 "Property Plant and Equipment" depreciation has been charged at the following rates on
reducing balance method on all fixed assets other than motor vehicles and computer software which are depreciated
on straight line basis and no depreciation on land is charged.

Category offixed assets Rate ofdepreciation

Land o%
Building 2.50o/o
Library 7o/o
Furniture and Fixtures l0o/o
Electrical Installation 20o/a
Typewriters and Calculatingmachines 20o/o
Computer/ Software 20o/a
Motor Car and other vehicles 20o/o
2.16.05.03 Disposal offixed assets
On the disposaloffixed assets, the cost and accumulated depreciation are eliminated from the fixed assets schedule
and gains or losses on such disposal are reflected in the statement of comprehensive income (profit and loss
account] as per provision oflAS 16 "Property, Plant and Equipment".
2.16.0s.o4 Revaluation
The fixed assets of the Bank have been revalued three times, In the year of 2007, following the instruction of
vendor's agreement signed between Sonali Bank Ltd. and Ministry of Finance, revaluation of all assets had been
done and total value enhanced by Taka 8,833.82 million. Subsequently, in 2011 revalued by Taka 12,026.80 million
and lastly in the year 2073 by Taka 9,469.73 million. No revaluation has been made during the year 2021.
2.16.05.05 Impairment
The carrying amount ofthe assets should be reduced to its recoverable amount when carrying amoult ofan asset is
exceeding the recoverable amount of that asseL That reduction is an impairment loss hence recognized as expenses
in the statement ofcomprehensive income [profit and loss accountJ,
2.16.06 OtherAssets
other assets comprise investment in subsidiaries (Sonali Exchange Co. Inc. [SECI), USA and Sonali Investment
Limited, Prepaid Expenses, Branch adjustment, fees and unrealised income receivable, advance for operating and
capital expenditure and stock of stationery and stamp. Details are shown in Note-g. and otlers as per Bangladesh
Bank Circulars. Receivables are recognized when there is a conkactual right to receive cash or another financial
asset from another entity.
2.16-06.01 Classifi cation of other assets
Other assets have been classified as per BRPD Circular no. 14 dated 25 June 2003 of Bangladesh Bank and for items
not covered under the circular, classification have been made considering their realize ability,
2.76.06.02 Written off of other assets
Other assets having no realistic prospect of recovery have been written off against full provision without reducing
the claimed amount of tie Bank. Notional balances against other assets written off have been kept to maintain the
detailed memorandum records for such accounts/assets,
2.76.07 Intangibles assets
An intangible asset is recognized only when its cost can be measured reliably and it is probable that the expected
future economic benefits that are attributable to it will flow to the Bank Intangible assets acquired separately are
measured on initial recognition at cost. The cost of intangible assets acquired in a business combination is their fair
value as at the date of acquisition. Following initial recognition, intangible assets are carried at cost less any
accumulated amortization and any accumulated impairment losses. The useful lives of intangible assets are assessed
to be either or indefinite
B
ftar
tt
I D haka
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33
 lntangible assets with finite lives are amotized over the useful economic life. The amortization period and the
amortization method for an intangible asset with a finite useful life are reviewed at least at each financial year end.
Changes in the expected useful life or the expected pattern of consumption offuture economic benefits embodied in
the asset are accounted for by changing the amortization period or method, as appropriate, alrd they are treated as
changes in accounting estimates. The amortization expense on intangible assets with finite lives is presented as a
separate line item in the statement of comprehensive income (profit and loss account). Amortization is calculated
using the straightline method to write down the cost of intangible assets to their residual values over their
estimated useful lives. lntangible assets-valuation adjushnent has been addressed inline with regulatory decision.

2.16.08 Non-bankingassets
Non-banking assetr includes the assets acquired against the bad debt loans to adjust the loan. There are no assets
acquired in exchange for loan during the period offinancial statements.
2.17 Liabilities and Provision
2.17.01 Borrowing from other banks, ffnancial institutions and agents
Borrowings from other bank, financial institutions and agents include borrowin8 from Ban8ladesh Bank, inside and
outside of Bangladesh. These items are brought to financial statements atthe gross value of the outstanding balance.
Details are shown in Note 11.
2.17.02 Deposits and Other Accounts
Deposits and other accounts include non-interest-bearing current deposit redeemable at call, interest bearing on
demand and short-term deposits, savings deposit and fixed deposit. These items are brought to account at the gross
value of the outstanding balances. Deposits and other accounts include bills payable have been analyzed in terms of
the maturity grouping showing separately other deposits and inter-bank deposits. Details are shown in Note 12.

2.17.03 Otherliabilities
Other liabilities comprise items such as provision for Ioans and advances/investments/other assets, taxation,
superannuation fund, grafuity fund and off balance sheet exposure and also includes interest payable, interest suspense,
accrued expenses etc.other liabilities are recognized in the balance sheet according to the guidelines of Bangladesh Banlr
Income Tax 0rdinance 1984, IAS 37 and internal policy of the Bank. Details are shown in Note 13.

2.17.O4 Taxation
Income tax represents the sum ofthe current tax and deferred tax payable. Income tax assessment has been finalized
up to 1995 as well as the year 1999. Case pending for the year 1996 to1998 and 2000 to 2020.
2.77.04.01 Current tax
The currelt tax payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the
Profit and Loss Account because it excludes items of income or expense that are taxable or deductible. The Bank's
liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the date of
Balance Sheet.
Provision for current ilcome tax has been made as per Income Tax ordinance and Ru]es 1984.
2.17.04.02 Deferred tax
Deferred tax is calculated on the taxable/deducuble temporary differences between tax base and carrying value of
assets and liabilities as required by International Accounting Standards IAS-12: 'lncome Taxes'. Deferred tax is not
recognised for the following temporary differences:
. oll the initial recognition ofassets or liabilities in a transaction tiat is not a business combination and at the time of
transactions, affects neither accounting nor taxable profit or loss; and
. arising on the initial recognition ofgoodwill.
Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities
against current tax assets, and they relate to income taxes levied by the same tax authority on the same taxable
entity, or on different tax entities, but they intend to settle current tax liabilities and assets on a net basis or their tax
assets and liabilities will be realized simultaneously. Deferred tax is computed at the prevailing tax rate as per
A deferred tax asset is recognized for deductible temporary differences to the extent that it is probable that future
taxable profits will be available against which they can be utilized. Deferred tax assets are reviewed at each
reporting date and are reduced to the extent that it is no longer probable that tie related tax benefit will be realized.

2.17.05 Employee benefit schemes

Accounting recognition & measurement, as well as the disclosures req uirements for different benefit schemes for
emplo e fo)lowing:

3,1
2.17.05.01 Employees General Provident Fund
Employees General Provident fund is operated from 13 September 1981 under which t}le concerned employees are
required to contribute at least 10olo and highest 250lo (on declaration] of their basic salary wit]} no matching
contribution by the bank. This Fund relates to the employees who are availing Pension and Deati-Cum-Retirement
Benefit (PDCRB) Scheme.
2.17.05.02 Contributory Provident Fund
The bank operated a Provident Fund named as Contributory Proyident Fund into which the bank contributed 100/o of
the basic salary of its eligible employees while the employees contributed an equal amount to the fund. This fund is
operated by hustees. Employees enjoying contributory provident fund facilities are entitled gratuity for 2 months
last basic pay drawn for each completed year of service subject to completion of minimum 10 years of service. The
scheme is operated on cash basis.
2.17.05.03 Pension and Death-Cum-Retirement Benefit (PDCRB) Scheme
The bank operated a Pension Fund named as Pension and Death-Cum-Retirement Benefit (PDCRB) Scheme for the
employees of General Provident Fund into which the bank contributes 25olo of the basic salary (Each year of June) of
its eligible employees. Payments out ofthis fund are made to the employees on their separation from bank's service.

2.17.O5.O4 Gratuity
The Bank introduced the Gratuity scheme for the member of the Employees of Contributory Provident Fund into
which the Bank conbibutes 10% of the basic salary lEach year of June) of its eligible employees. Payments out of
this scheme are made to the members on their separation from bank's service.
2.17.05.05 Investment of the Pension/Gratuity Funds
The balance of Pension/Gratuity funds are partly invested in approved securities with a view to increasing the Fund
and remaining balance being utilized by the bank towards payment ofretirement benefits to the employees.
2,17.05.06 Administration of the Fund
The Provident Fund, Pension Fund and Gratuity are being administered by two administrative committees each of
which consists of 9 fnine) members representing Chairman, 5 (fiveJ members from Board of Directors, CEO &
Mana8ing Director, 1 (one) member from officers and another from members ofthe staff.
2.77.05.07 Benevolent Fund
This fund is mainly created for sanctioning scholarship to the meritorious students among the children of the Bank
employees. The distressed employees and family member ofdeceased employees are also helped from this Fund

2.17.05.08 Leave encashment

The Officer/Staff who has opted for Pension and General Provident Fund, will be enutled to leave encashment
facilities up to twelve months at the time of retirement as per Ietter No, MF/FD/Reg-2/leave76/84/9 d'ated 27
lanuary 1985 of Finance Division, Ministry of Finance, Government of Bangladesh. But if a staff (not officer) has
enjoyed /will enjoy leave encashment facilities before retirement, he will be provided with the rest amount after
deduction of the amount enioyed earlier, as per letter No. MF/B & 7/Bar*inglzl7/80 /101 dated 31 May 1980 of
previous Banking & Investment Division, Ministry of Finance, and Government of Balgladesh. The leave
encashment benefit is paid to the incumbent debiting 'Expenditure A/C Leave Encashment Code no, 1217'. No
additional fund is required during the year.
2,17,05,09 Death relief grant scheme
The Bank operates a death relief scheme since 1 January 1991, which replaced the previous group insurance
scheme. The scheme is applicable to all employees of the bank and payments out of this fund are made to the
successors of the employees on their death as per rate prescribed in the scheme.
2.17.06 Proyision for Loans alld Advances
Loans and advances are stated at gross amount, General provisions on unclassified loans and contingent assets,
specific provisions for classified loans and interest suspense account thereon are shown under other liabilities.
provision against classified loans and advances is made on the basis of quarter and review by the management and
instructions contained in BRPD Circular no. 14 dated 23 September 2012, BRPD circular no. 19 dated 27 December
2012, BRPD circular no. 05 dated 29 May 2013, BRPD circular no. B dated 02 August 2015, BRPD Circular oo. 1 dated
20 February 2018 and BRPD Circular no. 56 dated 10 December 2020 and otier applicable circulars for the year
202t.
2.17.07 Provision for other assets
As per BRPD circular no. 14 dated 25 June 2003 of Bangladesh Bank classification and classification have been made.

2.17.08 Other Provisions and accrued expenses

In compliance with IAS 37, Provisions and accrued expenses are recognized in the financial statemelts when the
ban k constructive obligation as a result ofpast even! it is probable that an outflow ofeconomic benefit
will ttle the obligation and a reliable estimate can be made of the amount ofthe ob
!$
ll lc
Dhaka
l5
 2.17.09 Provision for Off-Balance Sheet Exposures
ln compliance with Bangladesh Bank guidelines Off-Balance Sheet items have been disclose under contingent
liabilities. As per BRPD Circular no.10 dated 18 September 2007, Bank are required to maintain provision @ 10lo
against 0ff-Balance Sheet Exposures (L/C, Guarantee and Bills for Collecuon, etc.).
2.17.10 Provision for Nostro Accounts
According to guideline of Foreign Exchange Policy Deparhnent of Bangladesh Bank, Circular no.
FEOD(FEM0)/01/2005-677 dated 13 September 2005, Bank maintains provision regarding the un-reconciled debit
balance as at Balance Sheet date since there was no debit entries more than three months.
2.18 Capital and Shareholders' Equity
2.18.01 Capital Management
The bank has s$ategic capital management process for measu ng, deploying and monitoring its available capital
and assessi[g its adequacy. The aim of this capital management process is to achieve four major objectives; exceed
regulatory thresholds and meet long-term internal capital targets, maintain strong credit ratin8, manage capital
levels commensurate with the risk profile of the bank and provide the banks shareholder with acceptable returns.
Capital is managed in accordance with the board approved capital management planning from time to time. Senior
management develops the capital strategy and oversees the capital management planning of tie bank The bank's
finance and risk management department are key to implementing the bank's capital stratery and managing capital.
Capital is managed using both regulatory control measure and internal matrix.

2.18.02 Paid up capital

The paid up capital share capital represents total amount of shareholder capital that has been paid in full by the
Government of Bangladesh i.e. ordinary shareholder. In the event of winding-up of the company ordinary
shareholder(s) rank after all other shareholders and creditors are fully entided to any residual proceeds of
liquidation.
2.18.03 Statutory reserve
As per the Bank Company Act 1991 lAmended to date) (Section 24J it is required for the bankto transfer 20% of its
currentyear's profitbefore tax to reserve until such reserve equals to its paid up capital.

2.18.04 Dividends on ordinary shares

Dividends on ordinary shares are recognized as a liability and deducted from equity when they are approved by the
Bank shareholders. Dividends for the year that are approved after the reporting date are disclosed as an event after
the reporting date.
2.18.05 Revaluation Reserve
2.18.05.01 Assets Revaluation Reserve
When an asset's carrying amount is increased as a result of a revaluation, the increase amount should be credited
directly to equity under the heading of revaluation surplus/ reserve as per International Accounting Standards IAS-
16: 'Property, Plant and Equipment'. The tax effects on revaluation gain are measured and recognized in the financial
statements as per International Accounting Standards IAS-12: 'lncome Taxes'.
2.18.05.02 Revaluation Reserve for HTM & HFT
All HTM securities are amortized at the year end and any increase or decrease of such investment is booked to
equity. In case of HFf revaluation, decrease in the present value is recognized in the profit and loss account and any
increase is booked to Revaluation Reserve Account through Profit and Loss Account as per Bangladesh Bank DOS
circular no.5, dated 2B January 2009.
2.78.06 Contingent liabilities and Contingent assets
A contingent liability is any possible obligation that arises form the past events and the existence of which will be
confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the
control of the Bank; or any present obligation that arises from past events but is not recognized becausei
. it is not probable that an outflow of resources embodying economic benefits will be required to setde the
obligation; or
. the amount of the obligation cannot be measured with sufficient reliability.
Contingent liabilities are not recognized but disclosed in the financial statements unless the possibility ofan outflow
of resources embodying economic benefits is reliably estimated. Contingent assets are not recognized in the
finan as this may result in the recognition ofincome which may never be realized.

dl

36
 2,19 Revenue recognition
The revenue during the year has been recognized following all conditions of reyenue recognitions as prescribed by
International Financial Reporting Standards IFRS 15'Revenue from Contracts with Customers'.
2.19.01 Interest income
Interest on loans and advaoces is calculated on daily product basis and accrued at the end of each month, but
charged to customers' accounts on quarterly basis. In terms of the provisions of the Bangladesh Financial Reporting
Standards IFRS 15 'Revenue from Conracts with Customers', the interest income is recognized on accrual basis.
Interest on unclassified loans and advances have been accounted for as income on accrual basis, interest on
classified loans and advances have been credited to interest suspense account with actual receipt of interest tJlere-
from having credited to income as and when received as per instruction of Bangladesh Bank
2.19.02 lnyestmentincome
Income on investments is recognized on accrual tlasis. Investsnent income includes discount on treasury bills,
interest on treasury bonds and fixed deposit with other bank. Capital gain on investments in shares is also included
in investment income. Capital gain is recognized when it is realized.
2.19.03 Fees ar|d commission income
. Commission charged to customers on letters ofcredit and letters ofguarantee are credited to income at the time of
effecting the transactions.
. Fee and Commission on bills discounted, purchased & others are recognized at the time of realization.
. Exchange gains or losses arising out of such transactions are recognized as income or expense for tie year foreign
currency transactions are converted into BDT at prevailing on the dates of such transactions and dealt with
exchange accounL
2,19.04 Dividend income on shares
Dividend income from shares is recoglized during the period in which they are declared and actually received.
2.19.05 Other operating Income
other operating income is recoglized at accrual basis.
2.19.06 Profit/Lossof Overseas Branches
Profit/loss ofthe bank's overseas branches has been reflected in this profit and loss accounL
2.19.07 Interest paid on Deposit and Borrowing
Interest paid on Deposit and Borrowing and others expenses are recognized as accrual basis.
2"19.08 Management and other expenses
Expenses incurred by the Bank are recognized on actual and accrual basis.
2.19.09 Regulatory & Legal Compliance
The bank has complied with the requirement offollowing regulatory & Iegal authorityr
(a) The Bank Company Ac! 1991 (Amended to date]
(bJ The Companies Act, 1994
[c) Rules, Regulation and Directives issued by Bangladesh Bank
(d) Securities & Exchange Rules, 2020
(e) Securities & Exchange 0rdinance, 1969
(0 The Income-Tax 0rdiance and Rules,19B4
(g) The Value Added Tax & Supplementary Dfiy Act,2072
(h) The Value Added Tax& Supplementary Duty Rules, 2016
[iJBangladesh Labor Act, 2006 (Amended 2013) and Bangladesh Labor Rule, 2015
2.19.10 Reconciliation of inter-bankand inter-branchaccount
Accounts with regard to inter bank (in Bangladesh arld outside Bangladesh) are reconci]ed regularly and there are
no material differences that may affect the financial statements significantly.
2.19.11 Segment reporting
For the purpose of Segment Reporting as per International Financial Reporting Standard 8, the following segments
relating to revenue, expenses, assets and liabilities have been identified and shown in the related notes accordingly
as primary/secondary segments.
i) domestic operations in line with geographical segments;
ii) banking operations comprising ofbranches of tie banking entity and
iii) treasury operations comprising ofthe banking entity,
Performance is measured based on segment profit before provision, as included in the internal management reports
that are reviewed by the Banks Management. Segment report is used to measure performance as Management
believes that such information is the most relevant in evaluating the results of certain segmen ts relative to other
entities that operate within these industries. ,(i (ha,

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31
2.19,11,01 Operating segments
The Bank has five reportable segments, as described below, which are the Bank's strategic business units. The
strategic business uniti offer different products and services, and are managed separately based on the Bank's
management and internal reporting structure, For each of the strategic business units, the Bank Management
Committee reviews internal management reports on at least a quarterly basis. The following summary describes the
o erations in each of the Bank's ortable s ents
i. Loans & lncludes loans, deposits and other transactions and balances with corporate customers & retail
Advances customers.
ii. Treasury Undertakes the Bank's funding and maintenance of CRR and SLR, Asset-liability management
through borrowings and placement, currency swap and investing in Iiquid assets such as short-
term placements and corporate and government debt securities.
iii.overseas Two (02) overseas branches of Sonali Bank Limited are situated at Kolkata & Siliguri in India and
Branches operating banking business, money remittance etc. as per the head office instructions and otler
IKolkata, Silieuri) activities as permitted under the banking law of India.
iv. Sonali Sonali Exchange Company Incorporated ISECI), USA, subsidiary company of Sonali Bank Limited
Exchange operates its business in USA. It performs the activities of money remittance, issue cheques,
Company payment instruments and traveler's cheque and other activities as permitted under the banking
Incorporated law of USA.
tsEcrl, usA
v, Sonali Established to do all kinds of merchant banking activities including issue management
lnvestments underwriting; portfolio management and other transactions.
Limited
2.19.12 Directors' responsibility on financial statements
The board of directors takes the responsibility for the preparation and presentation of these financial statements.

2.20 Consolidation of the Financial Statements

Consolidation ofthe Financial Statements is started from 2011,
2.21 Risk Management
The Bank Company Act, 1991 (Amended to date) and the Bangladesh Bank Regulations require the Management to
ensure effective internal audit, internal control and risk management functions ofthe Bank The Management is also
required to make a self-assessment on the effectiveness of anti-fraud intemal controls and report to Bangladesh
Bank on instances of fraud and forgeries.
Bangladesh Bank Department of Off-site Supervision IDOS) has issued Circular no. 02 dated 15 February 2012 on
Risk Management Guidelines for Bank and instructed all scheduled bank operating in Bangladesh to follow this
Guidelines for managing various risks which have been compiled by the Bank.
In addition, the Bank is also following relevant Bangladesh Bank guidelines on risk based capital adequacy, stress
testing and managing the banking risks in other core riskareas.
The Bank has established a Risk Management Division (RMD), The RMD conducti stress testing for examining the
Bank's capacity ofhandling future shock, as well as deals with all potential risk that might occur in future.
Being a financial institution, in the ordinary course ofbusiness, the bank is sensitive to verities of risk. The Seneric
severity of such risk(s) is much intense in our locality due to presence of large number of bank and complex
financial transactions. ln such highly competitive elvironment to ensure a banlis consistent system and
performance, the presence of strong Risk Management culture is obligatory. Being compliant, tl]e bank is now
iooking for.ward to take risk management practice to a different level, i.e. preventing risk before occurrelce rather
than a reactive manner; on a proactive basis. As a part of regulatory and global benchmarking the bank has based
upon 07 [sevenJ core risk guidelines of Bangladesh Bank and Basel framework Listed below are the identified risks
the bank is currently managing or intents to manage:
. lnternal Control and Compliance Risk
. Foreign Exchange Risk
. Credit Risk Management
. Asset Liability Management Risk
. Money Laundering Risk
. Information & Communication Technology Security Risk
. Environmental Risk
Accordingly the bank has various high powered committees to monitor and ensure smooth risk management
activities. For example, Board Risk Management Committee, high powered central Risk Management Committee,
Departmental Risk Management Committee, Asset Liability Marlagement Committee (ALCO], Investment Committee,
Cr;dit Committee [CC') etc. To manage the overall risk ofthe bank in line of Basel the bank has formed a dedicated
Core Risk Management & Basel-ll Implementation Division. The detail ofSBL's risk management is stated low:
Kharr

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a) Internal Control and Compliance Risk
Establishment of sound control environment and effective compliance culture is the key stone of managing
operational risk Internal conhol is a process to control overall activities of the Bank through establishing policies,
procedures, observance ofinstructions ofregulatory authorities with a view to avoid any possible loss from the lack
of corporate Sovernance.
To mitigate the operational risk, the Bank ensured effective internal control systems for all of its operational
activities by intensifying the internal audit function, comprehensive and risk based inspection in all branches and
Head Office. The Compliance Division ensures tie settlement of objections or irregularities mentioned in the audit
reports under a strong monitoring process ofthe Management Committee (MANCOMI. Besides there is a division
named Vigilance and Control Division under the direct supervision ofCEO and MD to act at anysudden occurrence of
loss or irregularities.
The Bank with the support of an Expert Team, has undertaken a program for upgrading its lntemal Control and
Compliance policy as well as other policies in the area of credit, audi! information technology and accounts as per
international best practices.
b) Foreign Exchange Risk Management
Foreign Exchange Risk is defined as the possibility of losses due to change in exchange rates interest rate etc.
according to market forces. The Foreign Exchange Risk ofthe Bank is minimal as all the transactions are carried out
on behalfofthe customers against underlying Foreig[ Exchange transactions.
Treasury Division independently conducts the transactions and tie Back Office of Treasury is responsible for
verification of the deals and passing of their entries in the book of accounL Mid office coordinates the work in
between front office and back office functioning. All foreign exchange transactions are revalued at Mark-to-Market
rate as determined by Bangladesh Bank at the month -end. All NOSTRO accounts are reconciled on reguiar basis and
outstanding entries beyond 30 days are reviewed by the Management for their settlement'
c) Credit Risk Management
Credit risk is one of the crucial risk faced by the Bank. This can be described as potential loss arising from the failure
of a counter party (borrower) to perform as per contractual agreement with the Bank The failure may result from
unwillingness of the counter party or decline in his/her financial condition. Therefore, Bank's credit fisk
management activities have been designed to address all these issues. The Bank has segregated duties of the
Officers/Executives involved in credit related activities. Credit approval, administration, monitoring and recovery
functions have been segregated. For this purpose, three separate divisions have been formed. These are credit
division, credit monitoring & recovery division and law division. Credit division is entrusted with the duties of
maintaining asset quality, assessing risk in lending to a particular customer, sanctioning credit, formulatil8
policy/strategy for lending operation, etc.
There is a high power credit committee who manages the credit risk of the bank. A thorough assessment is done
before sanction ofany credit facility at credit division. The risk assessment includes borrower risk analysis, financial
analysis, industry aflalysis, historical performance of the customer, security of the proposed credit facility, etc. All
credit proposali have been placed in credit committee for sanction or make decline. Managing Director is the
Chairman of credit committee. Loans having big exposures are placed before the Board of Directors ofthe Bank for
sanction.
ln determining single borrower/large loan limi! the instructions of Bangladesh Bank are strictly followed. Internal
audit is conduited.on periodical interval to ensure compliance of Bank's and Regulatory policies. Loans are classified
as per Bangladesh Bank's Suidelines.
d) Asset Liability Management Risk
Bank has high powered Asset Liability Management Committee (ALCO) to monitor Balance Sheet Risk and liquidity
Risks of the Bank. The Balance sheet Risk is determined as potential change in earnings due to change in rate of
interest foreign exchange rates and regulatory instructions, which are not of trading nature. Asset Liability
committee (ALCO) reviews Liquidity requirement of the Bank the matu ty of assets and liabilities, deposits and
lendlng, pricing strates/ and the Liquidiry contingency plan. The primary objective ofthe Asset Liability committee
lalCOj t to rnonitor ind avert signihcant volatility in Net Interest Income
(NIl), investment value and exchange
earnings for the purpose oftaking future action plan for better interest ofthe organization'
e) Money Laundering Risk
Risk Associates with probable Money launderinS activities is one of the major risk in the area of banking sector,
Money Laundering risk is defined as the loss of reputation and expenses incurred as penalty fol being negligent
in
prevention of money laundering. For mitigating the risk the Bank has designated chief compliance officer at Head

bffice and Compliance Officer at Branches, who independently review the transactions of the accounts to veriry
susPicious transactions.
Manuals for prevention of Money Launderin& KYC and Transaction profile have been introduced. Training has been
being imp arted to Executives, officers and staff for developing awareness and skill for identirying suspicious
transa ther Mon ey Laundering related activities. hari

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 0 Information & Communication Technolory Security Risk
IT Guideline is a systematic approach to policies required to be formulated for lT and also to ensure security of
information and information systems. This guidelire covers all information that is electronically generated, received,
stored, printed, scanned and typed. The provisions ofthis guideline apply to:
1. Sonali Bank Limited for all ofits IT system,
2.All activities and operations required ensuring data security including facility design, physical security, network
security, disaster recovery and business continuity planning, use of hardware and software, data disposal and
protection ofcopy rights and other intellectual properly rights.
The implementation of Core Banking Solution [CBS) will be linked from t]re branches to the central database. Near
future the information will be easily accessible by senior management and is expected to be important source of
information of strategic decision-making process based on a comprehensive database. It is to be declared that the
Bank is fully compliant according to the guideline ofCenral Bank's IT policy.
g) Environmental Risk
Environmental Risk is the new concern in the banking arena. Bank authority is very much aware about tiis. In
compliance with Bangladesh Bank's instructions and guidelines regarding environmental risk, all the activities ofthe
bank are being carried on. Specially, to approye the credit proposal, Bank Credit Committee meticulously review the
compliance status of the borrower regarding environmental requirement.
2.22 Risk Management Committee Disclosure
A Risk Management Committee, comprising Directors of the Board has been formed in consistence witi Bank
CompanyActlggl (Amended to date) and directives ofBRPD Circular No.11 dated 27.10.2013 ofBangladesh Bank.
Bank's risk management approach includes minimizing undue concenuations of exposure, limiung potential losses
from stress events and ensuring the continued adequacy of all our financial resources. The committee is playing a
vital role in risk management ofthe bank. It has a long term plan to develop risk management culture in the bank.

The risk management committee comprising of four members including chairman who are competent and
professionally skilled and also the director of the board. The name and status of the member of the Board Risk
Management Committee are stated as follows:
Name Status in the Bank Status in the committee
Mr. Ishtiaque Ahmed Chowdhury Director Chairman
Mr. A.B.M RuhulAzad Director Member
Mrs. Dr. Daulatunnaher Khanam Director Member
Mr. Md. Mofazzal Husain Director Membe.
Professor Dr. Mohammad Kaykobad Director Member

The risk management committee ofthe Board of Directors has been formed soon after the Central Bank's instruction.
The committee conducted 07 meetings in 2021 where the following issues have been discussed:
. Formulated risk management strategies, methodologies, guidelines and processes for risk identification, risk
assessment, risk controlling and monitoring.
. Designed a suitable organization structure for risk controlling. The committee will form separate risk management
committee in management level and supervise their activities for compliance of instruction regarding credit dsk
foreign exchange risk internal control and compliance risk money Iaundering risk ICT risk and environmental risk

. Reviewed and updated all risk management policies and guidelines at least once in a yeat if necessary they will
propose and place before the Board ofDirector for final approval.
. Evaluated, assessed and approved the record keeping and reporting system formulated by the bank management.

. Supervised the implementation of overall risk management policies and steps taken for mitigation of credit risk
market risk and operauonal risk along with other risks.
. Submitted the report ofdecision and recommendation made by the committee to the Board on a quarterlybasis.

. Followed the instruction circulated by the controlling authority, etc.

2.23 Audit committee Disclosure

IrI compliance with the policy directives as well as compliance with the BRPD circular No. 11 dated 27 0ctober 2013
and previous circular BRPD Circular no. 12 dated 23 December 2002 of Ban8ladesh Bank, an audit committee of the
board of Sonali Bank Limited was constituted by the Board of Directors in its 61sth meeting held on 15 March 1999
and thereafter lastly reconstituted in the 746th board meeting of Sonali Bank Limited held on 09 November 2021.
The audit committee comprises of four members including chairman who are competent and professionally skilled
and also the director of the board. The company secretary acts as a secretary o f the audit committee. The name and
status of ofthe audit committee are stated as follows s'(h 3n
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40
C!'
 Sl. No. Name Status in the Bank Status in the committee
1. Mr. A.K.M. Kamrul Islam FCA, FCS Director Chairman
2 Mr. Ishtiaque Ahmed Chowdhury Director Member
3 Mrs. Dr. Daulatunnaher Khanam Director Member
4 Professor Dr. Mohammad Kaykobad Director Member
During the year 2027, the Audit Committee of the Board conducted 11 (Eleven) meetings in 2021 which the
following important issues were reviewed/discussed along with othersl
. oversee the financial reporting process & liquidity position of the bank at regular basis.
. Reviewed internal & external auditors findings on the irregularities both major & significance at different branches
of the bank and reference those to the Board with appropriate recommendation for decision, reviewed draft &
audited financial statements for the year 2020.
. Reviewed performance of internal audit 2021.
' Reviewed the reconciliation performance of inter branch transaction accounts and advised tJle management to
keep it regular.
. Reviewed the comprehensive inspection report on SBL by Bangladesh bank as on 3 L.72.2020.
' Reviewed the cash holding position of different branches & advise the management to ensure maintenance of
optimum level of cash to reduce idle cash in hand as per as practicable.
. Reviewed existing policy of ICc, Risk Grading, credit policy, Quarterly Risk Management paper etc. and made
recommendation to Board for approval.
. Reviewed unaudited quarterly & half yearly financial statements of the bank for theyeat2OZl,
. Monitor internal control risk management process.
'Discussed and reviewed annual budget 2021 & revised budget 2020 and recommended to the board with some
amendments.
. Reviewed the compliance status of audit objections and advised the management to ensure full compliance of
regulatory, legal and significant issues meticulously.
. Reviewed the audit rating by internal audit on Anti Money Laundering of all branches for the year 2020.
. Discuss and reviewed the effectiveness of annual audit plan 2021 and made recommendation to the board for
approval with suggested amendments.
. Reviewed existing risk management procedures along with implementation of core risk management guidelines
and advised the managements to implement the same more effectively.
' Reviewed the audit report of the subsidiaries and directing the authority to take necessary action as appropriate.

2.24 Credit Rating ofthe Bank

As per tlle BRPD circular no. 6 dated 5 July 2006, the Bank has done its credit rating by Emerging Credit Rating
Limited ba sed on the financial statements of sonali Bank Limited dated 31 December 2020. The following ratings
had been a
Date of Rating Long
Declaration
Valid till Short Term Outlook
Mode Term
Gow.
sT-1
-Oct-21 Support
27 26-0ct-22 Stable
Without
ST.2
Govt.
2.2s Implementation of BASEL-Itt
Banks operating in Bangladesh are maintaining capital since 1996 on the basis of risk weighted assetJ in line with
the Basel Committee on Banking Supervision (BCBS) capital framework published in 1988. Considering present
complexity and diversity in the banking industry and to make the Bank's capital more risk-sensitive as well as to
improve the banking sector's ability to absorb shocl$ arising from financial and economic stress, Bangladesh Bank
provides revised regulatory capital framework "Risk Based Capital Adequacy for Banks" which is effective from 1
January 2009. Both the existing capital requirement rules on the basis of Risk Weighted Assets and revised Risk
Based Capital Adequacy Framework for Bank as per Basel-ll were followed simultaneously initially for one year.
For the purpose of statutory compliance during the period of parallel run i.e. 2009, the computation of capital
adequacy requirement under existing rules prevailed. On the other hand, revised Risk Based Capital Adequacy
Framework as per Basel-ll had been practiced by the Bank during 2009 so that BaselJI recommendation could
effectively be adopted from 2010. From January 2010, Risk Based Capital Adequacy Framework as per Basel-ll have
been fully practiced by the Banks replacing the previous rules under Basel-1. Bangladesh Bank adopted "Guidelines
on Risk Based Capital Adequacy (Revised Regulatory Capital Framework for Bank in line with Basel-lll)" as per
BRPD circular no. 18 dated 21 December 2014 replaced of "Guidelines on Risk Based Capital Adequacy
fRevised
Regulatory Capital Framework for Bank in line with Basel{IJ". This circular shall come into force with effect from
Janu 15. These new global regulatory and supervisory standards mainly addressed the following

4l
 1. Pillar-l :
a) Minimum Capital Requirement (MCR);
b) Assessment of total Regulatory Capital,
c) Calculation oftotal Risk Weighted Assets;
d) Calculation ofCapital to Riskweighted Assets Ratio ICRAR),
eJ Raise the quality and level ofcapital to ensure banks are better able to absorb losses on both a going concern and
a gone concern basis;
0 Increase the risk coverage ofthe capital framework;
g) Introduce Leverage Ratio (LR) to serve as a backstop to the risk-based capital measure;
h) Calculation ofLiquidity Coverage Ratio (LCR) and
i) Calculation ofNet Stable Funding Ratio (NSFR).
2. Piller.2 |

a) Raise the standards for the supervisory review process ; and the main aspects ofa rigorous SRP are as follows :

. Board and senior management oversight,

. Sound capital assessment,
. Comprehensive assessment of risks,
. Monitoring and reportin&
. lnternal control review.
bl preparation of ICAAP (lnternat Capital Adequacy Assessment Processl documents for assessing its overall risk
profile and a strategy for maintaining adequate capital.
cJ SRP - SREP dialogue.
3. Piltar-3 :

aJMarket Discipline/Public disclosures etc.

The macro prudential aspects of Basel-ttl are largely enshrined in the capital buffers. Both the buffers i.e. the capital
conservation buffer and t]le countercyclical buffer are intended to protect tle banking sector from periods ofexcess
creditgrowdt,
i) Capital to Risk Weighted Assets Ratio (CRAR)*
The Capital Adequacy Ratio (CAR) has been newly defined as Capital to Risk Weighted Asset Ratio (CRAR) which is
calculated by taking eligible regulatory capital as numerator and total RWA as denominator.
Total Elieible Capital
CRAR
Credit RWA+Market RWA+operational RWA
ii) Leverage Ratio*
In order to avoid building-up excessive on and off-balance sheet leverage in the banking system, a simple,
transparen! non-risk based leverage ratio has been introduced. The leverage ratlo is intended to achieve the
following objectives:
a) Constrain the build-up of leverage in the banking sector which can damage the broader linancial system and the
economy.
bJ Reinforce the risk based requirements with an easy to understand and a non-riskbased measure.
A minimum Tier l leverage ratio of3yo is being prescribed both atsolo and consolidated level.
The banks will maintain leverage ratio on quarterly basis. The calculation at the end ofeach calendar quarter will be
submitted to BB showing the average of the montl end leverage ratios based on the following definition of capital
and total exposure.
Tier 1 Capital Iafter related deductions)
Total Exposure (after related deductions)
iii) Liquidity coverage Ratio (LCR)*
LCR or Liquidity coverage Ratio is a new liquidity standard introduced by the Basel committee, This standard is
built on the m;thodologies of traditional liquidity coverage ratio used by banks to assess exposure to contingent
liquidity events. LCR aims to ensure that a bank maintains an adequate level of unencumbered, high-quality liquid
asies that can be converted into cash to meet its liquidity needs for 30 calendar days. LCR goes beyond measuring
the need for liquid assets over the next 30 days in a normal environmenL It measures tie need for liquid asseLs
in a
and other sources of funds (both unsecured and secured) run off, to various
stressed envir;nment, in which deposits
extents, and unused credit facilities are also drawn down in various magnitudes. These runoffs are in addition
to
contractual outflows.
Stock ofquality liquid assets > 100% (h:r
LCR=
Total net cash outflows over the next 30 calen dar days l!

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42
 iv) Net Stable Funding Ratio (NSFR)*
NSFR or Net Stable Funding Ratio is another new standard introduced by the Basel Committee. The NSFR aims to
limit over-reliance on short-term wholesale funding duriIlg times ofabundant market Iiquidity and encourage better
assessment of liquidity risk across all on off-balance sheet items. The minimum acceptable value of this ratio is 100
percent, indicating that available stable funding (ASF) should be at least equal to required stable funding (RSFI. ASF
consists of various kinds of liabilities and capital with percentage weights attached given their perceived stability.
RSF consists ofassets and off-balance sheet items, also with percentage weights attached given the degree to which
they are illiquid or "long-term" and therefore requires stable funding. The time horizon ofthe NSFR is one year, Like
the LCR, the NSFR calculations assume a stressed environmenL
Available amount ofstable funding [ASF) > l00o/o
NSFR=
Required amount ofstable funding (RSF)
The calculation ofthe NSFR requires two quantities to be defined :
A. available stable funding [ASF) and
B. required stable funding (RSF).
NSFR is met ifASF exceeds RSF, that is ifASF/RSF > 1 or 100%.
2.26 Related party disclosures
As per International Accoulting Standards IAS-24 'Related Party Disclosures', parties are considered to be related if
one of the parties has the ability to control the other party or exercise significant influence over the other party in
making financial and operating decisions. The company carried out transactions in the ordinary course ofbusiness
on an arm's length basis at commercial rates with its related parties. Related party disclosures have been given in
Note 46 and 47.
2.27 Litigation
The bank is not a party to any lawsuits except those arising in the normal course of business, which were filled
against the default clients for non-performance in loans repayment and against various level of tax authority
regarding some disputed tax issue. The bank howeyer, provides adequate provisions as per guidelines of IAS 37
incompliancewith Bangladesh Bankguidelines.
2.28 Loan Write off
Write off describes a reduction in recognized value. It refers to recognition of the reduced or zero value of an assel
Generally, it refers to loan for which a return on the loan is now impossible or unlikely. The item's potential return is
thus cancelled and removed from (Written ofO the bank statement of financial position. Recovery against debts
written off/ provided for is credited to provision or revenue considering the previous position of the loans.

2.29 Compliance oflnternational Accounting Standards (lASs) and lnternational Financial Reporting Standards
The Institute of Chartered Accountants of Bangladesh (ICAB) is the sole authority for adoption of International
Accounting Standards 0ASs) and Intemational Financial Reporting Standards (lFRSS). \,Vhile preparing the financial
statements, Sonali Bank Limited applied most oflASs and IFRSS as adopted by ICAB. Details are given below:

IASs/lFRSs
Name ofthe IASS/lFRSS Status
No.
Presentation of Financial Statements 1 Applied*
Inventories 2 Applied
Statement ofCash Flows 7 Applied
Accounting Dolicles, ChanEes in accounting Estimates and Errors B ApDlied
Events after the Reporting Period 10 Applied
Income Taxes 1.2 Applied
ProDertv, Plant and Eouipment 76 Applied
Employees Benefits 1.9 Applied
Accounting for Government Grants and Disclosure ofGovernment 20 N/A
The Effects ofChanges in Foreign Exchange Rates 2t Applied
Borrowing Costs 23 Applied
Related Pa.ty Disclosures 24 Applied
Separate Financial Statements 27 Applied
Investment in Associates & ioint venture Applied
Earning Per Share 33 Applied
Interim Financial Reporting 3+ Applied*
Impairment ofAssets 36 Applied
Provision, Contingent Liabilities and Contingent Assets 37 Applied
Intangible Assets Applied
Investment ProperW 40 N/A
Agriculture 41 N/A
First-time Adoption of Baneladesh Financial Reporting Standards 1 Applied
Share-Ba.geervslent 2 N/A
su'inK(i'DfifiiNons 3 Applied
tn*6*i6cont N{A\ 4 /,6rfr'lx..:\
43 aka
c
 Non-Current Assets Held for Sale and Discontinued 0perations 5 N/A
Exploration for and Evaluation ofMineral Resources 6 N/A
Financial Instrument: Disclosures 7 Applied*
0Derating Segments B Applied
Financial Instruments 9 ApDlied*
Consolidated Financial Statements 10 Applied
Joint Arranqements 11 N/A
Disclosure oflnterests in Other Entities 72 Applied
Fair Value Measurements 13 Applied
Requlatory Deferral Accounts 1.4 N/A
Revenue from Contracts with Customers 15 Applied
Leases 16 Applied
* Subjectto departure described in Note 2.02 Statement ofCompliaoce

2.29.01 IFRS 15: Leases

for the annual reporting periods beginning on or after 1 January 2019. IFRS 16 defines that
IFRS 16, Lease is effective
a a lease ifthe contract conveys the right to control the use ofan identified asset for a period
contract is (or contains)
of time in exchange for consideration. IFRS 16 significantly changes how a lessee accounts for operating leases.
Under previous IAS 17, an entity would rent an office building or branch premises for several years with such a
rental agreement being classified as the operating lease would have been considered as a balance sheet item.
However, IFRS 16 does not require a lease classification test and hence all leases shall be accounted for as on balance
sheet item (exceptsome limited exception i.e. short-term lease,leases for low-value items).
Under IFRS 16, an entity shall be recognizing a right-of-use (RoU) asset [i.e. the right to use the'office buildin&
branches, service center, call center, warehouse, etc.) and a corresponding lease liability. The asset and the liability
are initially measured at the present value of unavoidable lease payments. The depreciation of the leased asset
(ROU) and the interest on the lease liability is recognized in the profit or loss account over the lease term replacing
the previous heading'lease rent expenses'.
The Management is continuously assessing tie recognition criteria of the components of IFRS 16 in its financial
statements covering the area of operations including the fixed assets and if found appropriate other than the
recognized area, will immediatelybe recognized as per:he scope oflFRS 16- Leases accordingly.
2.30 Corporate Social Responsibility (CSR)
Bank authority is very much concern about responsibility to the society people. With industrialization, the impacts of
business on society and the environment assumed an entirely new dimension. For tiis Corporate Social
Responsibility has become a criterion of socially lawful business Endeavour and the acceptance of it, is growing day
by day. Countries of developed economy have taken the idea of "Social Responsibility". Being the largest state
owned commercial bank in Bangladesh, Sonali Bank Ltd. has also realized its responsibilities to the society and
contributed to the amelioration of the social Iife ofthe destitute people, infra-structure, environment etc. within the
framework of Bangladesh Bank guidelines.
2.31 Off-balance sheet items
Under general banking transactions, liabilities against acceptance, endorsements, and other obligations and bills
against which acceptance has been given and claims exists there agains! have been shown as offbalance sheet items.
Off Balance Sheet items have been disclosed urder contingent liabilities and other commitments as per Bangladesh
Bank guidelines.
As per BRpD circular no. 14, date 23 Sep 2012, 1% provision should be maintained against off- balance sheet items
except the criteria mention in the BRPD circular no 01, date 03 lanuary 2018. Bank has maintained sufficient
provision in the books ofaccounts against offbalance sheet exposure.
Fraud and Forgeries
2.32.O7 Fraud Prevention Process
Based on DOS circular letter no. 17, dated 7 November 2012 issued by Bangladesh Bank the following areas for self
assessment ofAnti-Fraud lnternal Controls are addressed by the Bank:
. lnternal Control and Compliance (lCC); ,(
. ceneral Banking and Operation [GBO); t+
. Loans and Advances (LAl; and
. lnformation and Communications Technolory (lCT)
. ceneral Banking and Opemtion (GBo); dl
{r 4t
. Loans and Advances (LAJ; and
. lnformation and Communications Technolory (lCT)

NA 6

14
 In addition to the above selfassessmen! the following process followed by the managementi
i) Additional security devices are incorporated, not only within the bank premises but also in the instruments given to
their numerous clients.
ii) In recruiting key personnel who are to handle certain sensitive operations, it is essential that bank makes
comprehensive efforts at conducting a proper background check on the status and nature oft]le employee in his or
her neighborhood, as this would help them establish the probability ofthe employee engaging in fraudulent
iii) Regular need assessment to increase the ability of bank's staff in detecting fraud especially those related to cheques
and money transfers. This can be achieved through a combination of internal and external modules of on the job
training and off the job training exercises.
iv) Continuously review the code ofethics and code of conduct to reduce the probable tendency for fraudulent behavior
of the employees. It is believed that if employees are well motivated to the bank the incidence of frauds will be
reduced.
v) Favorable financial awards and recognition should be given to employees who show dexterity in identirying and
preventing fraud.
vi) Top management must also sffive to maintain a high degree of ethical standards in the performance of their duties,
in view of the fiduciary nature of their functions. This is imperative as they are by law required to safeguard the
assets oftheirbanks.
vii) The internal audit divisions of bank should not be seen as a dumping ground for non-performing staff. Staff
deployed into this department should be sufficiently qualified, properly trained and adequately experienced in all
facets of banking operation.
2.33 Internal Audit Process
Intemal Audit Division as independent from the part of Management, is committed to standards of best professional
practice on internal audit. The basic steps in the interoal audit processes followed by the bank are stated below:

1) Audit Planning Process

The basic audit planning process consists oftwo phases: the assessment ofbusioess risk and the development oftle
annual plan. Assessing ofbusiness risk focuses on viz. (il defining auditable units, (iil defining the risk criteria, (iii)
constructing the risk model and (iv) ranking the auditable units.
i) Delining Auditable units
Auditable units are defined as individual applications, business units, departments or oflices each of these
approaches either limits the scope ofan audit project or broadens it beyond what can reasonably be managed.
ii) Defining the risk criteria
The model is based on operational risk, exposure and controls. Each area is broken down into sub-categories as
follows:
. Operational risk [people, systems, process, contractual, reputational and political]
. Exposure (financial, regulatory and customer);
. Controls (people, process, information systems and reporting).
The controls categories are further broken down into the following sub-categories viz. people, process and
information systems.
iii) Constructing the Risk Model
The. risk assessment and audit planning methodology is a structured approach to a subjectiye process. The risk'
assessment and planning model is the product ofvalue judgments.
iv) Ranking the Auditable units
The risk profile spreadsheet computes a score for each auditable unit based on operational risk, exposure and
control. This score is then converted into a ranking for each criterion as follows:
Operational Risk - high, medium, low
Exposure - high, medium, low
Control - high, medium, low
2) DevelopingAudit Programme
Once the annual plan is developed and approved, Audit Programme are developed for each audit to be undertaken.
Audit Programme is to be reviewed prior to the start ofeach audit to determine iftiere have been any changes. The
steps in developing an Audit Programme arer understand the operations, develop flowchart or narrative, review the
process witi the concerned staffand develop the Audit Programme.
3) Implementing the Annual Audit Plan
The department undertakes structured approach to accomplish the annual plan and the actual audit can be broken
up into a number ofstages stated below.
(i) Preparation stage
At this stage, the team leader ensures that all the necessary requirements for the audit are prepared and available
and preliminary reviews and information gathering is undertaken.

&

I
45
 (ii) Fieldwork
During the fieldwork the auditor gathers evidence in order to determine the status ofoperations and controls within
a particular area. This evidence is the basis for the auditor's conclusions about a particular assignmenL
(iii) Documentation or working paper
The working papers are evidence in support ofthe audit findings and opinion,
[iv) Audit Findings
Findings are pertinent statements of fact uncovered during the course of an audit and these are to be reported. The
findings are reviewed by the Team leader and the Head ofAudit prior to the final report being issued.

4) Reporting
The audit reports are submitted to the auditable units, senior management and to the Audit Committee ofthe Board.
The audit reports contain findings which are of a critical nature and have a major impact on the organization. other
operational issues identified during the audit which are considered not to be of a material nature but are worth are
reported through 'Management Report' to the Head ofthe Department/office and Head ofthe area being audited

5) Follow-up
Along with compliance functioning the internal audit people employ close follow up to ensure that appropiate and
timely action has been taken on audit findings and recommendations. lnternal Audit Department reports to the
Audit Committee on the current status ofoutstanding findings and what action is being taken to resolve the issues.

6) External Audit
Internal audit uses the external audit reports and ensures that any issues raised by the external auditor have been
followed up by management and whether corrective action has been taken in a timely manner'
2.34 Reporting period
The accounting period of the bank has been determined to be from 1 January to 31 December each year and is
followed consistendy.
2.35 Comparative Information
Presentation of Financial Statements, comparative information in respect of the previous year have been presented
in all numerical information in the financial statements and the narrative and descriptive information where, it is
relevant for understanding of the current year's financial statements.
The comparative figure for amortization ofiltangible assets has been taken offfrom the profit and Ioss account and
shown in the statement of changes in Equity against the corresponding amoult in the current year's financial
statement as explained in note 1B to the financial statemenL
2.36 Earnings per share [EPS)
2.36.01 Basic earnings per share
The Bank calculates Earnings per share (EPSJ in accordance with IAs 33 "Earnings per Share", which has been
shown on the face ofprofit and loss account, and the computation of EPS is stated in Note 44'
2.36.02 Diluted earnings per share
No diluted earnings per share is required to be calculated for the year as there was no scope for dilution during the
year under review.
2.37 Approval of linancial statements
The financial statements were approved by the Board ofDirectors on 28 April 2022'
2.38 Verilication offinancial statements through Document Verilication System (DVS)
As per BRPD circular letter no. 4 dated 04 January 2021 Bank ale required to preserve tie updated statutory audit
report of the clients in loan file during approval/renewal of the facilities and as per BRPD circular letter no 3S dated
06 luly 2021, the statutory audit report and Finalcial Statements needs to be verified through the Document
verificatiol system [DVS) developed by the lnstitute of charteled Accountants of Bangladesh [lcABJ. Financial
Reporting Council (FiC) vide its letter no l7B/FRC/APR/2021127123) dared 7 December 2021 has instructed
to
disclose the percentage (%l of the loan file covered under the compliance of these BRPD Circular in the financial
year
statements of the Bank The Bank entired in a MOU with ICAB for varification through DVS at the end of the
getting the master access the bank has
2021. The balrk got the master access on the DVS during the year 2022. After
started to implement the compliance accordingly.
2.39 General
a) Figures have been rounded offto the nearest taka
bj prior year,s figureshave been shown for comparison purposes and rearranged wherever necessary to conform to
current year's presentation.
c) Conversion rate is calculated based on the simple average ofbuying and selling rate

46
@
 20zl 2020 2027 2020

Cash in hand(lnclDdingforeiS, o.ren.tes) 301 ?,856,537,5ar I 7,725,420,573 7,300,875,336

Balanc with Baneladesh Bank.nd its Asenr Bank{lncludins 43,407,297,347 69,301,130,063 83,40t,29?,341
302 69,801,130,063
|

77 ,657 ,667,655 97,23O,294,248 77,526,950,637 91,ro2,172,643

3.01 Cash ln fi d( lnclldltrg forelSn Mendes)

3.0101 7,413,925,556 6,733,529,375 7 ,4t9,92s,546 6,133,5?9,3? 5
3.01.02 437,612,436 594,467,536 306,895,018 567,345,96t
7,A16,537,591 7,424,996,917 7 ,725,a20.573 00,875,335

3.01.01 t €l curetuy
6,137,t44,0?4 5,875,736,450 6,131 ,144,024 5,875,786,450
Clsh witi aTM A/C 360,860,579 303,580,528 350,350,579 303,580,528
Sonali VISATranectjon A/C 331,526814 198,943,489 331,526.814
lslahlc Bankin8window 1,21,,937,464 222,635,5A3 t2\,937,464 222,535,543
7,4fi,925,556 6,?33,429,475 7 ,418,925,556 733,529,378

3,01.02 Foretgn €uEency

Foelgn CurEncy in Hand 254,A49,6?A 524,230,585 254,849.673 I 524,230,535
overseas Branches 52,045,340 43,115,376 5r,045.340 43,115,376
SonaliBank [UX] Ltd. 1,51{,659
t29,202,359 123,121,575 I
Sonali Excbange Co, lnc
437,672,036 691.467,936 306,a95,018 s67,345,961,

3.02 Balan.e witl Bangtadesh Bank and lts Agent Bank (ltcludtng foreiSn curehclesl
59,690,335,375 69,629,A20,044 59,690,335,375 69,629,820,444
9,339,561,308 13,915,047,t?a 9,839,561,30S 1,3,973,041,r70
lslahrc BankinSwindow 21r,233,34O 196,430,133 27L,2333A0 196,430,133
69,a01,130,063 43,401,297,347 69,801,130,063 03,AO1,297,347

Mode of Deposlt PItn Bangladesh Bank

69,801,130,063 a3,80L,29?,34? 69.801,130,063 43,40L,291,347
|

69,a0L130,063 a3,40t,297,347 69.801,130,063 a3,ao1,297,347

Deralb snom h ArmruE.A-

3,03 Dl$lo$r.s reA..dtrs nElnt rare ol CIIR & SLn
Requircmenrs {cRR) and sranrory Liquidiry Rado (sLRl hav€ been ehulared and mainrahed in accordane wlth tie sections 25 & 33 ol th€ Bank Companv Act
1991
cash R.*rye
(amended to date) and subsequent MPD Clrohr No.03,09 April2020.
The cash Reserue Requtremenr (cRR) on rhe banks tiDe and denand liabilities ar the hte of4% has been calculated and mat.tained
with Banghdesh Bank in dd.rt account and 13%

Eoththereseryemaintainedby the B.nkare ln excess ofthe statotory r€quirenents,as shown below:

3,03,01 Caih Rese*e RequlEmert fcin )
AsperMpDcirolarNo,3dared0gApril2O2OofBanStadeshBank[eft€ctivefroml5April2020)refertdMPDcirdlarNo,04datedlD€cemb.r20l0,allscheduledBanksarEqulredto

average balanc€ otOctober 2OZOasperBRPDctrcularno.12dated6SepremberlggS)andminiDum4%onbrweeklybasls,SBLnasbeenhalntainingilsCRRonbi'w€eklvbans.

Anountln Taka
2027 2020
Average demand .nd time liabilitles 1,9q928JO6OOO 1,158963,916,000

4t,63?,t36,240 46,358,557,000
80,266,633,050 39,600,636,000
Reserue heldwith Bansladesh Bank' (Ave63e)
20,629,546,A20

'As per statement of BaD8ladesh Bank

re*we hetd wit! Bangladesh Bahk is not below th€ reqnircd e*re.
3,03.02 Sratutory uquldtry f,ado (sLR) (indu<tlng cRR )
Bangladesb Bank.rrcular (MpD cirdlar No.02 dared 10 Deember 2013 and DOS.irdlar No.0l dated t9lanuary 201,t) to maintain sLR *paFtely at 13% efrective from 01 Februarv
2014. Sonall Bank LiEitEd malntaln SLR $paEt lv lrom the ab@e date,

The Bank h6to nainr2in Tk.167,820,693,000.00 on bi-weekly baris on Deehb.r2o2o as sLR aSalnst which the bankm.intalned
Tk.620,972,306,250.00, Asarsultthe surplus otsll
stood Tl( 453,151,613,250.00.

2021 2020

AveEge denand a.d rftne llabllldes

1,290,92A,406100 1,154,963r1E000
13.00% 167,320,693,000 150,665,309,000

Actual Resene h€ldwith Sangladesh B.nk 44.22% 620,972,306,250 579,100,692,000

35 22a/r 453,151,613,250 429,035,383,000

cEnd rot lofcRf,&sLR

279,45? ,A29,240 197,023,366,000

701,233,989,310 669,301,328,000
Actual Resetu held witl' Bangtadesh Bank
4A1,747,160,070 472,277,462,000

3.03.02,1 Achlat R.sne held at Statutory [quldlty RaUo (SLn)

6,737,184,000 7,034,753,558
2A,629,546,A20 43,242,019,000
2? 5,003,677,700 130r51,361,684
Unen.umbercd approved sedrities {HFII
300,343,264160 227,514,229,444
UnendmbeEd a!prored seo.ities [HTM) lncluding Remea$red
77,255,274,647 79,572,009344
R€neasured Sedfti.s Account
11,228,370,000 5,279,450,000
Bangladesh Covernnent lnvestme.t suku!. (liarah sukukl
38,333,160,400 42,106808,886
138,084,997,727
 2027 2020 2021 2020
4.00 Balam. witlr Other Banksand Financial lnstitutions:

25,345,74t,5-t? 32,tgl,747,503 253A5,74t,703 32,140,7 41,143

4,242,500,004 4,74Z,SOO,AOO

lslamic BankinsWindow 3,282915,080 4,251 ,140,112 3,2A? ,915,0A0 4,257,140,7L2

2a,673,656,597 40,6A03A2,2t4 2A,673,656263 40,680341895
4.02 9,933,715,4AL 17,493,92?,245 9,381,544,650 11-,624,426,724
34,609,402,074 52,574,309,500 3a,05s,200,913 s2,308,804,619

401 Balrne wlth other Banks and Elramlal lDstitutio.s

Irllsdo sEltrrt
EDT 2,000,000,000 2,000,000,000
BDT 2,400,000,000 2,400,000,000 1,900,000,000
BDT 145,142,558 145,1{2,558 145,142,558 145,142,558
BDl 3,500,000,000 3,500,000,000 3,500,000,000 3,500,000,000
BDT 60o000,000 600,000,000
R.jshahi kishi Unnaya. Bank [RAr,AB) BOT 1,000,000,000 1,000,000,000 1,000,000,000 1,000,000,000
Ka.mashangsthan Bank Ltd. BDT 1,000,000,000 1,000,000,000
sBL Foci8n Ex, co.p, Br. BDT 2A9,10?,573 186,053,617
Dhaka Bant lslamic Ba.ld.g B.. BDT 334 320
BDT 3,085,240 3,t99,09?
SBL Mi.purShllpa Elaka Br, BDT 6,676,694 3,456,221
SB L Wage Eamers Corp. Br. BDT t4,235,226
South Sangla A€ricultu.al & Comh.r.e Bank Ltd. BD'T 600,000,000
BDT 1,2S0,000,000 1,250,000,000
a,162.A17,569 tz,7a7,a66,aoa 7 ,54a,142,55A 11,99S,142,558

Non-Bank FilEci.l hsrltrdoE

BanShdesh Finane & Investnent Co. Ltd. BDT 195,000,000 200,000,000 195,000,000 200,000,000
BDT 50,000,000 50,000,000 50,000.000 50,000,000

Bay Leasing & lnv€stmenl BDT 95,000,000 105,000,000 95,000.000 105,000,000

FAS Flnane & Investne.t Ltd, BDT t29,767,500 lz9,?61,500 t29,?67,500 729,?61,500

lslami Fihane and lnvertne Ltd. BDT 50,000,000 70,000,000 50,000,000 70,000,000

lnv€sunent Corporation of Bangladesh BDT 13,000,000,000 15,000,000,000 13,000,000,000 15,000,000,000

BDT 300,000,000 300,000,000 300,000,000 300,000,000

lntemauonal Leasing & Finance SeNIce Ltd. BDT 189,600,000 139,500,000 189,600,000 189,600,000
BDT 30,000,000 30,000,000 30,000,000 30,000,000

IIDFC BDT 200,000,000 190,000,000 200,000,000 190,000,000

People's L4asin8 & linancial Serul@s Ltd. BDT 400,000,000 400,000,000 400,000,000 400,000,000

Ba ngla desh I ndnst.ial FinanceCohpany Ltd (BIFCI BDT 200,000,000 200,000,000 200,000,000 200,000,000

Premie. Le.sins & Fhane Ltd BDT 421,237,t25 427,237,t25 427,237,123 42t,23?,t2S
200,000,000 710,000,000 200,000,000 710,000,000
L.nka B.n8la Flhane Lld BDT

Laoka Alliare Ftnane Lti, 50,000,000 50,000,000

Fareast Finan@ & Investnent Company Ltd, BDT 150,000,000 150,000,000 150,000,000 150,000,000
BDT 150,000,000 150,000,000 150,000,000 150,000,000
BDT 180,000,000 130,000,000 180,000,000 180,000,000

S$ateglc Finane &lnv Ltd, BDT 1,000,000,000 1,000,000,000 1,000,000,000 1,000,000.000

BD-T 50,000,000 50,000,000 50,000,000 50,000,000

BOT 350,000,000 350,000,000 350,000,000 350,000,000

Uttara Fh.ne & lnvestme.t Ltd. BDT 200,000,000 260,000,000 200,000,000 260,000,000

r7,540,59A,625 20,70s,19a,623 77,51O,59A,625 20,1a5,59a,625

25,703,146,194 32,373464,433 25345,14\lAt 32,740.741,14X

L€s: I.ter Compatry Balane Eliotnated 3t7,704,611 t92,?23,930

253a5,74r,577 32,140,747,503 25345,747,743 32,t40,74L143

4,02 Aahnc. Held &,lth Forelgn Banks (Outslde EaDCladBh)

4.a2.Ot 7,464,994,226 7 .060,994,226 I 9,a44,308,459
4.42.02 2At,A70,235 s26,914,692 2Sr,S70,235 526,974,692
Asian ClearingUnior |
ove6*sBrarches
sonali Bank tUK) Ltd.
4.02.03 1,230,680,109
346,496,23?
7,257 ,203,57 2
-l
1,230,680,189

.t
I 1,,257,203,572

Sonali ExchanSe Co, lnc 167,?04,594 265,500,56r

11

4.02.01 Balancc held with For.ign Bank Deblt Balance

As at 3l December 2021

1 Sonali sank(UK) Ltd. London EI]RO 69,594,74 97,383

9,442,975.59 35.800 410,207,306
2 Sonrli sank(U$ Ltd. London USD
2,619,803.53 85.300 224,779,743
3 SonallBank (UKl Ltd, london USD
749,064,27 85.800 t6,22).,109
4 sonaliBank (Ux) Ltd London USD
sonali sank(UK)Ltd. London !sD 864158.88 85.800 74,745,6A9
5
usD 2,299,?00.91 35.800 197,314,338
SoEll Bank(U() L!d. London
Sonall Bank{u(] Ltd, Lordon usD 386,669,18 35.800
a so.ali Bank (UKl Lrd. London USD 51,092,09 85,800 4343,70r
2,t29,442.93 115,?2? 246,434,042
S6nalr sank tUlO Ltd London
Son.li Bank IUK) Ltd. London GBP 3n,?49,20 175,721 43,251,503
10
11 Sonalr Bank(U() Ltd. London GBP 44,649.42 tts,121 5,630,098
16,938.57 175,127 1,960,250
t2 Son.h Bank(UKl Lrd. London GBP
27,00 775,721 3,125
13 SonalLBank tUKl Lld Lond.n CBP
USD 11,610.35 85,800 996,764
14
Nre sanrr. r-onaon CRP 216,433.40 1t1.721 31,990,80a
USD ao,41a,r4 8s.891 4,331,024
a

i
,a)
l.l
Dhaka
.AA
 Asat3l Dccember?021
SL No.

17 usD 693,634.r5 85.800 59,513,310

l8 Sonali B..k Lrd Kolk.6 USD a5.a00 4t2,9L2
SoMli Bank(UK) Lt!. London us0 113,12S.81 85.800
20 Bargladesh Forcign Post ome lrst 2,257,506.50 85.800 193,69,r,053
2l Standard Ch.n Ed Ba.k Cer6any. EURO 9,627,590.13 91343 937,563,610
z2 Euno cEdlto ltrll.na Spa.lt ly EURO 53,270.35 91343 6,64437t
HabibAm.rl6n BANK N,Y, USD 103,396.00 85,800 4,411,311
24 Standa.d Chan rud Bank NY USD 3,561,,r25.31 85.a00 305,5?0,292
25 Standard Chan Ed B.nk NY USD 47,413,659.09 85.800
26 USD 764,417 74 35.800 65,621,353
2A Sta.da.d Chart Ed Bank London CBP 19,80912 tL5.?21 2,292,150
29 soEli 8.nt (UD Ltd. London GBP 328,110 09 r).5.727 37,9?1,t96
30 St nd..d Ch.rt red EankSingapore SGD 126,72AA1 63.4/13 46,105,711
31 Unio. 8.nk 0f Salte.land cHt 16,56t.24 93.801 1,553,44
3Z CNY 2,209.941 .90 13.473 29,?71,1A5
33 Banr ofTokyo Ltd,hpan 91,090,979,00 o.?4n 6?,990,307
3,1 Standard Chartled BanL )ap3n 13,885,811,00 0.71t 10,364,370
35 Comhen Brnk Frankturt Cermany EURO 7 ,210,399.37 97,383 102,110,321
36 EURO 106,331.40 97,383 10,354871
i
31 10,284,133 22 | 22.A54 235,015,236
38 AltlfYadrlm EankA,s lst hbul UAEDIRHAM 1,800.00 23.359 42,046
Toral Dcblt Balane (a) 2O9 894,552.27 o,550,272,ar6
4.02.02 Balance held *{tn lorelgn Bank C.ldlt aahne
As at31Deembe.2021

I usD 3,23r,00 a5.300 771,220

2 USD 2,373,593.42 85.800 203,654,316
3 Deutsch€ 8.nk Trustco. NY llsD 165,211,44 85.800 t4,140,252
1 Hablb Aheric.n EANK N.Y. USD 85.800 80,21a,671
s l-P M.rAon Chas 8AN( N,Y USD 45.300 380,749,313
CBP tts.?2? 2,198,313
Toral cred,t Balanc. (A) 68t,278,590

4,02,03 Balanc€ Held *lth Artan

Ar at 3l December 2021

I Sorali Bznk l.td (olk:b EURO 76,930.26 97383 7,197,700

2 Myanmar Economlc Eank EURO 150,000.00 97 343 1d607,450
3 MyanFar Economrc Sank USD 200,000.00 85.800 17,150,000
NepalSant Ltd. K.rh6a.du, x€9al USD 1,363.77 85.800 374,a11
5 Myanmar forl8. T6d. 8.nk llsD 232,t26.31 85.800 19.9t6,137
USD 2A5,856,08 85.800 24,526452
7 Habib M€t opollr.. BanL Ltd. USD 2,972,492.L3 85.800 255,039,825
s Myarra. lnves-th.nt & Com. Bank IJSD 200,000,00 a5.a00 17,160,000
Stardard Chart€ed BanL l.€rachi USD 5.48 85.800 470
10 Sonali Bank Ltd Xolklts USD (2,065,962.07\ 85,800 {t??,315,346)
11 usD 1,186,470.19 85,800 10t,799,r42
t2 u5D 13,283.14 35.a00 1,139,693
3,254,565.29
,1.02.0,1 Balanc.lleld *tth (re.*as Bhnches ofSonali aank l-lmlted
As.t31De.enb.r2021

over*as Branch€s (Kolkarl & Siliquri 11500 139

1,230,680,1a9

202t xo20 2021 2020

ao3 ll.t{.|ty GErdllof E Lle wltt lntr. E rkt a tlElcLl ltrdtrdoE
L.s tn n the honths 8,430,5,1,1,550 2).,175,AOA,139 3,,r30,54,r,650 21,176808,,159
M@ than thE. honth. but les thai d. y..r 22,455,6t9,674 30,233,059,857 22,64?,9).5,08O 29,96?,55A,977
More th.n o.. y..r but les than fire yeaB 3,861,000,000 1,019,300,000 3,861,000,000 1,019,300,000
Moru th.n 0k rr.B 3,462,231,7 54 145,141,184 3,075.741,183 145.141,184
38,609,402,078 52,57,1,309,500 38,055,200,913 52,308,803,619
5.00 MoDe, at C.ll on Short Nod.e
501 9,031,300,000
outrid. Sanglad€sh 502 604,059,326
9,261 ,O59,326 3,663,000,000 9,031,300,000
s.01

1,700,000,000 1,700000,000
173,200,000 173,200,000 173,200,000
800,000,000 500,000,000 800,000,000 500,000,000
100,000,000
South B.h8lr ASrrolt!ral& Conmere Bank
200,000,000
250,000,000 250,000,000
nRB Comn.rclal Bank Ltd. 1,100,000,000 500,000,000 1 100.000,000
DBBL 210,000,000 210,000,000
1,000,000,000 1,000.000000
300,000,000 300,000,000
510,000,000 510,000,000
600,000,000 600,000,000

t_
 2021 2020 2021 2020
Non-Bdt Flnar.tal lNdtudors
121,300,000 127,400,000 121,300,000 1,27,400,000
Baryladesh lnd, Flnane Comp. Ltd. lBl FC) 100,000,000 100,000,000 100,000,000 100,000,000
Fareast F,nane and Investhent Ltd. 146,800,000 151,800,000 146,800,000 151,S00,000
98,000,000 98,000,000
FAS Finane and lnvestn€nt Ltd. 68,600,000
InvesEtre.r Corpo.ation of Bangladesh (lCR) 430,000,000 1,500,000,000 830,000,000 1,500,000,000
200,000,000 290,000,000 200,000,000 290,000,000
l.temational LeasinC Conpaby Llmited 246600,000 259,500,000 246,600,000 259,500.000
60,000,000 40,000,000
124200,000 134400,000 124,200,000 13,1,{00,000
160,000,000 160,000,000 160,000,000 160,000.000
Prlme Flnahce and Investme* Lrd. 9d300,000 112,900,000 112,900,000
157,000,000 157j0q000 157,000,000 152300.000
BD Fl.ane & lnvestrient Ltd, 103,300,000 68,,{00,000 103,300,000
70,000,000 100,000,000 70,000,000 100,000,000
200,000,000 200,000,000
csP Finance ahd InvestmentLtd. 69,000,000 75,000,000 75,000,000
Me.idian Finance and Investment Ltd. 82,900,000 88,000,000 32,900,000 88,000,000
National Flnance Limited 30,000,000 40,000,000 30,000,000 40,000,000
190,000,000 150,000,000 190,000,000 150,000,000
IIDFC 110,000,000 120,000,000 110,000,000 120,000,000
82,000,000 07,100,000 82,000,000 87,100,000
134700,000 139,700,000 134,700,000 139,700,000
3,439,€00,000
9,031,300,000
5,02 Outdde AanSladest
SonaliBank(UK) Ltd. 604,059,326
0verse.s Br.n.h.s
604,059,326

CovemD€ntsecurities 6.01 614,396,995,875 550,695,158,356 6t3,t3t,576,047 550,695,158,356

otlE.lnvesments 6.AZ 71,451,580,633 7 4,933,140,627 7&986,680,661
6A5,a50,576,50A 630,516,065,OA7 684,064,716,664 629,6ALA39,Ot7
6.01 GovemDent S..urldes ( Consldered a SLR)
Trcasury BiUs-PnDary 6.0101 ).,334,994
1,22,6? r34,A67,140,4A5 122,677,334,994 ).34,861,1,40,4A5
Govemhe.t Notes/Bonds/O$er securities 5.0102 475,3?7,0t7 ,94A 409,074,44L,52t 415,31L,Ot7,940 409,O74,44t,521
Bangladesh Government lnvesthent Sukul (lja.ah Slkukl 11,220,370,000 5,279,450,000 11,22O870,000 5,279,450,000
86,056900 76,298,700 86,056,900 76,294,700
913,424,500 91,3,424,54O 913,424,500 9t3,424,500
D€benoEsPubllc 5,147,900 5,147,900 5,147,900 5,147,900
2,506,866,750 2,506,a66,750
672,142,71a993 550,220,303,106 512,742,7 t4,993 550,220,303,106
198,857,055 199,855,250 193,a57,055 199,855,250
7,26? ,4t9,424
Islamic EanklngWhdow 150,000,000 275,000,000 150,000,000 275,000,000
Total Govemmert s4fl rldes 614,39A,995,A75 s50,69S,1Sa,3S6 673,t31,576.047 550,695,154;56
6,01,01 TEdry Bllls-Ptimary
2SdaysTEasuryBills
9l days TEasury Bills 56,334,2a6,637 9L,053,021 ,9tA s63A4,2A6,6A7 91,055,027,918
182 days Treasury Bills 19,015,499,500 12,704,465,25A 19,015,499,500 72,704,465,250
364days Treasury Bills 3t,ta7,64?,3t7 47,27 L,34A,A07 31,t07 ,641 ,3t7
122,677,334,994 134,467 ,140,445 134,467,140,445
Govemment Notes/Bonds/Odier *fl rldes
2 years Bangladesh GowTreasuryBond (BGTB) 93,357,451,486 45,103,167,552 93,357,451,486 45,703,L61 ,552
5 years Ba.sladesh Govt Trc.$ry Bond {BGTB) 103,613,233,749 1t4,447,107,460 t04,673,253,749
10 years Bansladesh 6ovt Treas.y Bond IBCTB) rr4,549,927,9? 5 100,516,187,629 1,L4,S49,927,974 too,a'L6,la?,629
15 years Banglad.sh 6ovt TEasury Bond (BGTB) 63,392,397,540 s7,6?3,461,47 t 63,392,591,540 57,673,467,41r
20 years Bansladesh Covt Treas.y 8o.d (BGTB) 59,405,433,087 56,122,204,720 59,405,433,087 s6,t22,204,t20
11'13 yeaB Treasury Eond IBJMC) 3,926,400,000 3,926,400,000 3,926,400,000 3,926,400,000
8-15 rears Treasury Rold (BPC) 16,864700,000 31,364,700,000
3 Yea6Teasury Bond IFRTB] 1,000,000,000 1,000,000,000 1,000,000,000 1,000,000,000
3'7 Yea6 Trea$ry Bond (sBL)
475,371,077,944 409,074,44\52r 475,371,O77 ,94A 4O9,O7A,a41,527
6.01.03 lnvesthent h Governhenrseorldes classl8ed per Bahgladesh Bank s DoS cl.cular No,05 dat€ 26 May 2008 and DoS clr.ular No.05 date 28 Jahuary 2009
as
Held to Maturiry (HTMI 244,294,455,246 22r,5L4,229,444 248,294,455,246 22t,5t4,229,444
Held lor Tradlng ( H FI) 27 5,914,062,t99 243,7?4,315,534 215,974,062,t99 243,77A,315,534
-17
Reneasured Seorities A(ouDt 7 7 ,233,27 4,64A 79,5',72,009)AA ,234,27 4,64A 79,572,0093AA
Eancladesh covernment lnvesbrent sukuk (ljarah sukutl lt,22a,a70,aaa 5,279,450,000 11,223,370,000 5,279,450,000

572,7421774,993 550,220,303,106 612,742,714,993 5S0,220,303,105

5.0l.03aArDe.BanqladeshBanklnstructiollCBsharehasbeenkeptoutofpordoliolnvestmentandcateqorizedasHFTcomponetDehllllnAnnere-A
6,02 Other lnvesonert'l
o.dinary Share 22,739,492,041, 21,079,A21,756 21,073,452,039 20,145,595,686
Debenurres of privat sectors 696,000 755,500 696,000 755,500
Invest]lEnt in lor.lgr curren.y 5,088,066,000 5,14S,000,000 5,088,066,000
4A,570,352,743 53,679,995,303 4A,510,352,743 53,679,9953A3
71,310,940,793 79,a4a,53a,559 74,792,8OO,7A1 7A,911172,4A9
overseasBhnches 86,079,840 72,264,t12 46,0?9,440 ?2,264,172
lslamic BankinsWindow 54,560,000 , 54,560,000 -
Total other Invesfients 71,451,5a0,633 79,920,906,737 7 4,933,11O,621
6.02.01 O..linaryShares
Quoted-Fully paid-!p-ordh.ry share. I 7.789,259.906 I 8,717,114.966 ?,749,259,906
Unquoted-FuUy paid-up-ordl.a.y shaE ).2,356,337,0?3 I rz.gso.:ls.zso rz.:so.rrz.ozr 12,356,335,730
1,666,4,10,012
22.739.A92.O51
I
I
gtq,zze,on
zLo79BzL7s6
I
a h,

I
A
 lnvestmcnt ln Shares & Bond

2027 202t 2020

tzz 1 ,462,453,460 4,717,174,966 7,149,259,906
13 t2,356,337,073 t2,356,337 ,073 12,356,335,780
13S
Sector wlse lnvestsnert

2027 2020
2,892,3L5,0t9 3,22t,20r,215 3,303,125,127
6{,011,161 100,8s5,890 100,892,011
18 1,316,3t6,244 1,5sa,a13,465 7,121,6tS,aAO
55 3,189,811,436 3,836,209,335 3,257,027,74?
7 ,462,453,460 4,777,114,966 7,749.259,906

2027 2027 2020

5 1,972,5tL,773 1,972,itt,773 7,972,5t0,4AO
z 10,337,900 10,337,900 10,337,900
10,373,4a7,400 10,373,487,400 to,373,487,404
13 12,xs5,x37,o73 12.355,337.O73 12,356,335,7a0
The unlisted investments are shownatcostbecau* the ialrv.lue cannot be measured Fliab Detau shoM ln AueEre-H.

20zl 2020 202t 2020

6 02.02
900,000,000 1,200,000,000 900,000,000 1,200,000,000
600,000000 ?00,000,000 600,000,000 700,000,000
700,000,000 1,000,000,000 700,000,000 1,000,000.000
Muual lrust Bank Bond 1,150,000,000 1,500,000,000 1,150,000,000 1,500,000,000
900,000,000 1,300,000,000 900,000,000 1,300,000,000
600,000,000 900,000,000 600,000,000 900,000,000
UCBLBankBond
SIELBanliBond 100,000000 100,000,000
1,600,000,000 960,000,000 1,500,000,000 960,000,000
1,200,000,000 1,400,000,000 1,200,000,000 1,400,000,000
400,000,000 600,000,000 400,000,000 600,000,000
1,120,000,000 1,480,000,000 1,120,000,000 1,480,000,000
810,000,000 ,140,000,000 810,000,000
440,000,000
2,000,000,000 1,500,000000 2,000,000,000 1,500,000,000
1,700,000,000 2,000,000,000 1,?00,000,000 2,000,000,000
2,050,000,000 1,550,000,000 2,050,000,000 1,550,000,000
1,600,000,000 1,800,000,000 1,600,000,000 1,800,000,000
1,225,000,000 1,500,000,000 1,225,000,000 1,500,000,000
1,600,000,000 1,800,000,000 1,600,000,000 1,800,000,000
Dutch Bangla Bank Bond
2,100,000,000 1,800,000,000 2,100,000,000 1,800,000,000
300,000,000 400,000,000 300,000,000 400,000,000
900,000,000 900,000,000 900,000,000
600,000,000 750,000,000 600,000,000 750,000,000
Shahjal.l Islami Bank Bond
400,000,000 500,000,000 400,000,000 500,000,000
AlArafa lslaml BankBond
800,000,000 1,000,000,000 800,000,000 1,000,000,000
2,200,000,000 2,400,000,000 2,200,000,000 2,400,000,000
9,600,000,000 12,000.000,000 12,000,000,000
1,600,000,000 2,000,000,000 1,600,000,000 2,000.000,000
400,000,000 500,000,000 400,000.000 500,000,000
500,000,000 500,000,000 500,000,000 500,000,000
flrstSecurity lslani Bank Eond
1,000,000,000 1,000000,000 1,000,000,000 1,000,000,000
500,000,000 500,000,000 500,000,000 500,000,000
Ashugonl Power Bond [corporaG]
200,000,000 250,000,000 200,000,000 250,000.000
279,995,303
RMLZeroCouponBo (Corgoht ) 199,995,303 279,995,303 199,991303
3,000,000,000
Bexhco conmunietlon Bond [Corpodt ) 3,000,000,000 3,000,000,000 3,000,000,000
2,000,000,000 2,000,000,000 2,000,000,000 2,000,000,000
lCBBond
666,666,661 300,000,000 666,666,661 800,000,000
Lanka Ban8la Flnance Bo.d
1,000,000,000 1,000,000,000 1,000,000,000
No.tn west Powercen. Bond (corporate) 1,000,000,000
200,000,000 200,000,000
PEn asro [Puball Bank) (Corpotat!]
lta,69o,??3 \14,694,773
Amm Net{orkl ze.o coupon {corpontel
500,000,000 500,000,000
NRBC BankEond-21
4A,S 53,6 53

6.03 Clasifl€tioD of strtutory and Non-statutory Irvedment

603.01 6\3,13!,516,O47 550,695,158,356 6t3,131,516,047 550,595,158,356
statutory lnvestment Pordollo
603.02 72,11,9,OOO,46r 74,933,r40,621
Non-Statutory lnvestment Portfolio
6a5,450,s 630,616,065,0A7 .a39,017

6.03,0l StatutorylnvestmcntPor{ollo 22t,574,229,444

240,294,455,246 227,5r4,229,443 24A,294,155,246
Held to Maturity {HTMI
275,9tA,062,t99 243,17a315,534 275,9t4,062,t99 243,??A3t5,s34
Held forTradiB( NFII
77,255,271,644 ?9,472,009344 ?7,255,2? 4,644 79,572,009,344
Remeasured Sedrlties Account
11,228,870,000 5,279,450,000 tt,228,A1A,000 5,279,450,000
Bansladesh covernmenr lnvestment su kuk Ilja.ah sukuk] 76,294,740
36,056,900 76,294,700 86,056,900
193,a57,054 199,355,250 198,357,054 199,A55,250
150,000,000 275,000,000 150,000,000 275,000,000
Islanic BankinS Window .15A356
513,1 31.476.O47 5.15a.3S6 513,1
6.03.02 Non.StatutorylnvesEnentPordollo 20,145,595,686
ordinaryShare 22,?39,A92,051 2r,0?9,azt,7s6 21,,0?3,452,039
696,000 755,500 755,500
D.bentur€s of prlEta s€.tors
orency 7,267 ,4t9,424 5,033,066,000 5,148,000,000 t088,065,000
Invesonent in forelgn
6.02 A2 4A,510,352,7 43 53,619,9953A3 4A,510,352,143 53,679,995,303
36,079,840 72,264,t72 36,079,840 ?2,26A,t?2
OveEeasBnnches
54,560,000 54,560,000
lslamic BankingWindow
72, 3,740,621 74,

o t'I4 i\ Kr,a/l

uha ka

51
 2021 2070 2021 2020
6,04 Matultygxouplngof lDrestrnentis lollows l
2,504866,750 7,272,',123,422 2,506,866,750 r,2?2,t23,422
Less thanthree months a3,154,694,241 116,475,100,000 83,158,694241 116,475,100,000
99,t12,295,598 92,008,569,931 99,112,295,598
More than three monds butless tnan one year 92,008,569,931
MoE th.n on€ yearbu! lesstla.6veyea6 334,420,098,286 222,207 ,653,400 334,420,09A,246 222,207,653,400
t73,?56,347,300 19t,54A,A92,66? 17s.970.447,460
6as,a50, 530,616,065,047

7.00 Loans and adEnces

7.03 675,398,197,556 574511,908,573 6?6,737,656,645 572,795,L30,205
Loanr cash credtts and overdraEs -13,43?
Blll5 p u rch.se d and discou hted 24,374,142,999 73,137 ,549,499 13,459,79?,296 ,5A9,499
704,276,980,55S sa1 .949.49A,072 590,596,853,940 s46,232,719,701

7,01 Matu.ity Grouplng ot Loans and AdEnces (Excludidc Bllls purchasd add dlsuntedl
toals aDd .dEnc.s ale .eDirable:
6532A,433,425 53,833,058,443 6532a,433,425 53,838,058,443
Not nore than 3 nonths 43,303,t14,294 2r,a22,554,317 43,303,7? 4,294 2 t ,a22,554,377

Ittore than 3 montls butnotnore than l year 197,980,839,545 176,050,168,633 196,763,841,316 775,14r,390,265
t6a,662,26A,134 r43,0?? ,605,775 155,600,325,256 ).43,417,605,?75
More than l year butnot more than 5 years
200,623,442,749 t7a,9t5,5?7,465 204,7 47,442,749 178,915,521,465
675,893,1 97,556 574,511,908,573 676.737 ,655,645 .795.130,205

7,02 l,oans and A.lElces tlnand outslde Baneladesh) ln.ludingbills purchased and discolnted
7AZ.Al 6A7 ,214,426,254 587,555,310,649 585,838,532,282
7t2.42 17,062,554,301 394,14?,422 481,750,334 394,141,422
5ss 5Ii1 .919.49A,O72

7,02,01 In BanBladesh
593,A73,267 ,131 493,116,242,437 591 ,234,7? 5,AtA 493,171,500,443
51 ,224,3r4,42t 57 ,7333A3,737 a7,224,314,427 57 ,733,3A3,13r

21,194,514909 2L,323,100,57 t 22,703,776,306 2r,709,640,474

Portlolio Lan to estors ln 2,769,542,626 7,t5A,544,2? 6
!3,552,A26,562 13,223,959,614 73,352,A26,562 13,223,959,514
BiUs pu(hased and discounted
6A7,21 5rt 587,5S5,310,99 690.115,093,106 .a3a,532,282

7,02.02 Ortslde Bangl.desh

43,540,927 41,330,809 43,540,9?7 41,3a0,809
737a,125 7,396,275 731A,125 1,396,2Js
L30,431,047 13?,7A0,453 130,431,047 137,780,453
sonali Bank(UK) Ltd. 2,06t,207,764
74,a25,936,43? 213,629,835 3A6,370,734 2!3,629,A85
Bills purchasedanddls@unt d
t7 43 22

7.03 t a.3. €.b aedlts and overdEftr

7.03.01 595,178,056,428 493, t5?,663,247 I 597,277.156,7 46 I 493,212,AA1,252
?,43.02 57,225,692,546 57,734,740,026 I st.zzs.osz.sqt I s,,734,740,026
z,z:+zoz.rsr
Pordolio Loan to lnveslo6
7.03.03
7.03,04
2t,324,945956
2,t69,302,626
27,460,447,024
2,t5A,5A4,216 I 6,737,656,644
I
2t,047,464,927

372,795,130,205
67l,A9A,l 97,SS5 571,4r1,904,57X 67

7.03.01 Head-else Loans Cash Crediti and OeerdEtu:

1,420,053 r,464,307 1,428,053 L,464,307

68,213,101 75,924,905 68,213,101 15,92A,905
6,3?7 ,963,75? 7,).66,t34,491 6,377,963,t52
Hous Buildin{ Loan (Gen.ral) 7 ,766,t34,191
65,040,371,600 6t,936,314,441
Stz,! Loan 7,03.011 65,040,371,600 61,936,374,441,
rt,?t7,5a7 8,539,250 7t,7),7,507
Special Small Loan Pro8Em 8S39,250
(P.oie.tl 38,501,388,144 34,725343,044 38,501,33&1.14 34,228,34X,044
l,oan uhd€. s.3 lndus$lal Credt Scheme
94,633 36,523,380 94,633 36,523,380
rnan under External CEdit Prosram
301,369,740 259,242,343 3S1,369,740 259,242,343
7138,199,154 8,136850,819 7,938,199,154 8,135,850,819
Loa n u n del SB A8ro B ased I ndusEial Cr'Sch.Ee
s0,866,721,4t3 46,606,449,179 50,a66,727,413
72,506,059,411 72,t97,520,t01 t2,506,059,477 72,t91 ,520,707
Ml.roCredit{SFLSchem€ plur RSTL Scheme) 1,886,910,694
L829,906,242 1,386,910,694 r,a29,906,212
Loanunder lsported Merchandise (LlMl 45,763,4? 5,529
9,1,303,370,410 45,7 65,1?5,529 94303,370,410
Loan asainst Trust Reeipt
25,004,053,308 24,5A9344,O33 25,004053,308 24,589,344,033
Fo.ed Loan agalnst Back to Back L/C 136,339
136,339 136,339 136,339
Loan lor L/Cund€.WES.
932,606,463 932,606,463 932,606,463 932,606,463
CurFn! Acmunt Barter (Debit Balane) 2,992,A66,545
2,990,99t,349 2,992,a66,505 2990,99t,349
1,701,33,{,335 ?62,76A,?95 1,701,33,{,335 762,?6A,794
House Buildlng Loan (CovrEmployees)
44,410,688 44,4',10,684
House Building Loan (?ublic Untv.6itv& UCC)
1,048,632,133 L,\92,519,1,60 1,048,632,133 r,L92,579,!60
Small Business Loan Scheh€
26,239,224 26,239,224 26,239,224 26,239,228
102,508,046,875 80,034170,640 102,508,046,875 30,034,170,640
25,1A2,75t,932 79,252,022,541 25,5A2,75t,942 19,252,022,54r
Term Loan to freedom Fighter 50,636,224,L26
4&066,950,930 50,636,224,t26 48,066950J30
Speclal F,C Term Loan to Bansladesh Bim.n
2,594,799,333 2,591,199,333
specialF.cTerf, L@o to Payra PortAuthorttv
4,118,400,000
special F,CTerm L@n to Sonali Bank (UK) Liniled
772,473 772,4?3
FoPlgn Edu€tion Loan Prosrah
34023,173,345 37,376,665,916 34,02A)73,345 31,316,665,9t6
SME Finane (T€m Loan to SeNi@) 3At,424,524
,{80,125,115 3A1,424,524 480,125,115
sME Finane (Term Lcn l.dlsoiesl
40,076,27 5,666 39,552,7t2,034 40,016,2? 5,666 39,552,7t2,O34
SME Finane [WorkinsCapit2lto Industri.s Se l.esTEdinB) 3,090,692,960
3,94A,219,071 3,090,692,960 3,940,2t9,074
SMI L@n Und€rB,B Revolvins Re_Finance for C0VID'19 (Continuous]
150,389,573
sME Loan Under B,B Revolvins Re_Itnane for COVID 19 (Tern) 150,389,573
10,953,054,369 72,222,435,303 10,953,054,359
Workins Capttal underSumulus Pack for lndus. & SeN. f'r covlD_19 72,222,A35,303
SpecialTerm Loan againnlund R€elved from B.B for wo.ker's Salary of 165,303,921 165,303,921
Erpo't oriented lndus. Under covlD_19
2,499,6At,575 1,865,612,691 2,499,6Ar,S).5 ].A65,612,697
Asri, Loandisbured.rconce lntt Rate asalEtCOV,D_lg
1,543,196,307 1,AA2,010,662 1,548,196,387 1,002,018,662
A8ri. Loan agai.st Speclal stimulus Refr na.c€ S.h.for CovlD_19
133,774,621 t2,690,249 t33,??4,621 t2,650,249
Mloo credit Loan Under B B Revotving Refi. sch. io.COvlD'19 t01,1\2,947
118,183,372 707,4r2,947 118,133,872
Speclal Loan - Advane rent(ltt!rest Rearhg)
2,000,000,000 2,000,000,000
Term Loan ro Banks & NBFIS
42,504,042 55,213,006
Lona tem l@n at p.e%lllng r.t€ oi lnt rest (SECII
2,532,402,423 2,506,11q804 2,532,402,423 2,506,114804
t97,3A2,731 taz,2aa,z63 \97,542,13t 752,2A4,263
RuEI Houslng Fimnce _ Sonali NeerA/C
59 059 L,491,44
Loan Asainst Food Proo.enent BillA/C
59 492

o N4
o uhaka
II
52
 z02l 2020 2021 2020
Islanlc Banklng wlndoe
Bai Muaual'House Bold D!rable Schehe 057,540 376,457 ?9
7X7 1 37 1 18 3
outslde Bahsladesh foverseas Bmnches)

15,121,820 15,121,820

House Butldhg Loan (Srafrl 43,540,92? 26,254,949 43,5e0,927 26254,949

2,06t,20?,764
595,173,056,428 397 ,277.756.746

Sta,l House BuildinS Loan 61,552,t56,768 5A,t7 5,674,244 61,552,156,768 54,175,6? 4,244

starL@h (0$es) 3,444,214,432 3,160,640,t97 3,444,214,432 3,760,640,197

65,040,371,600 67.936.314,441 65,0,10,371,600 61,935,314,441

cash cr€dit cen€Bl (Bypo) 5,170,748,993 5,078,331,317 5,170.7 48,993 5,078,331,317

c6h credlt ceieral [Pled8.) 6A7,5t4,25! 7A3,t59,268 6A7,514,251 783,159,268

Working Capital to lndustdes [Hypo) 34,100,902,947 34,496,774,442 34,700,902,947 34,496,774,442

Working Capital to lndustries( Pledge) 1,988,925,951 2,144,024,609 1,988,925,951 2,744,024,609

Workins CaDltal to Asro bed lnd. {Hypo) 6,496,247,49t 7 ,4t3,4A6,223 6,896,?4?,49t 7,473,446,223

workjnS Capit l to furo bed lnd..( Pledge) 3,374,420,247 3,407,t59,162 337A,A20,247 3,401,t59,162
4,401,154545 4,t01,154545
57,224,314,421 5? ,733,3A3,7 57 57 ,224,314i21 s7,133,343,7 51

Outilde Bangladeth:
137A,125 1,396,275 1,3?A,125 1,396,275
57,225,692,546 57,734,74O,026 57.225,592,546 57,734,740,026
7.03.03 Overdmfis etcl
ove.dmft Loan (ln Bansladeshl 2t,194,5r4,9A9 2L,323,t40,577 22,103,716,306 27,749,644,4',14

21,194.51 21,323,100,577 22,703,776,306 21,709,688,47 4

sh) 130,431,047 737,7AO,453 13iJ,431,O47 137,7AOA53

overd raft Loa n (0 u tsl de BanSlade
2t,460,a4LO24 22.234,207,353 21,a47,468,927

7.03,04 Pordolio Loan to Investors

2,75A,5A4,276 2,170,510,950

Add: charged applted during the year 254978,015 69,395,976

Add: Loa. disbursed durinS$eyear 1,27? ,559,27 4 342,724,6t3

Lessr Loan ecovered durinsthe year (1,521,613,9391 (424,05t,263)
2,169.4O2,626 2,154,544,276

7,04 ailb Purchaed and DisountEd (kcluding Ee.sury Dlus)

Payable lnslde BaDsladesh r: ssz,azosoz 73,223,959,614 73,552,426,562 13,223,959,6t4
I
14.825 956,437 2r3,629,445 306,370,734 213,629,445
Payable OuBide Bangladesh
28,37A,7A2,999 13,437,5O9t499 13,a39,191,296 13437,589,499

7.04,01 Blll Diwu,tedand PuNha5cd

7,o4o1a In Batrglad€sh
a,272,060,694 a;64,? 41,640 a,272,060,694 a,764,7 4t,650
Payment acalnn Do@menrs (PADI
796,440,1t4 t6s,134,226 796,540,710 165,8A,226
Loa. against lnland Bills
2,347,2A9 373 2,33?,656,7 49 2,347,2A9373 2,331 ,656,? 49
lnland Bills Purchased
774,259,235 t,730,a27,2t6 774,259,235 1t30,427,2t6
Payment asainst Docunenrl (PADI A/c-EDF
ao.e lsh B il ls Pu rchased/ Negotjated ( Cleanl 12,261,634 5?,26r,44
1,368,376,550 7,372,734,t35 1,368,376,550 L,372,134,135
Foreign Bills Purcha*d/Negotiated [D@menrs)
13,552 13,223,959,674 13,582,a26,562 13 .223.959.614

7,04,01b Ortsld€ Banslad.sh

eSotiated ( Do@ ne.ts) of ,.".,r..,,n
|
Fo reign B,lls Pu rchased/ N
30631A,?34 213,629,835 213,629,335
Ov.re:s Br.h.h€s
14519,585,703 I
Focien Rills Putchasd/NegotjatedofSonali Bank [UX] Ltd.
t,azs,ss6,437 z13,629,Aga 306.370,734 213,629,885

7.04.02 Maturlty Sroupltg bIls purclraed and .ll$o$ted

Bllls D!rched atr(l dis&unt4d
3,977,673,635 3,030,250,203 3,911 ,673,635 3,030,258,203
Nothoretian 1 Month
449,554,679 4?0,991,377
MoEthan l month but oot mor than 3 Mo.hs 449,554,6?9
ra,599,579,6aA 4,505,804,104 4,079,993,904 4505,804,404
Morc th.n 3 months but not more than 6 Montis
430,535,514 5,35r,915,076 ,130,535,514
Morethan6Months 5,351,975,075
2A,37A,?8 13.,137.5a9,a99

7,05 Net Perromlng lods and adErcEs / lnvestletts

704,276,980,555 5A7,949,494,012 sa6,232,1t9,7O1
Gross l@ns and advanes / i.vestmenLt
[t07,673,940,174) [119,585,290,407) lr0?,6?3,900,17a)
Nor.p€rformlnS lcNand adances / i.vesonents [119,535,290,407)
597 27

2021 2020
T06Loansandadenes/lnvesr'Entsonttebaslsofsi$lfientconelt.adonexclud|nghtllsDurchasd.rddlsunte.l
Advanes to aUled conce.N of dtE.tors
88,871,307 67,049,213
Advanes to Chi€fExedtiv€ andOther Senior Executives
243,3r5,440,?32 22,032,932,741
Advanes to the custoneB Group (AnountlngEore rnan 10 % ofBank's Pald up capitall
368,292,973,005 433,758,793,804
65,040,371,600 67,936,3t4,447
05

inl( tali
o NA
c, al ta
,{cco,.r$)
 7,07 Nurber of cllents, wttt amount ot oltstandtng and claslfled loans to whoh lmns .!d adunes sncdoned mo.e rhan lOVo of Patd up 6plht
thereih and measur€staken ror recov€ry ofsuch loan have been furnished as under.

45,300,000,000 45,300,000,000
4,530,000,000
Maflrest IeD for.@very of Oa.slfed Loan
Bark a5 whole takes aollNins stlps to Ecov€r ts classified loans and advances
a

a) S€.ding lett F and emind to ostomers.

bl Recovery cell includi.Stop nanagenent level holds discussion wirh rh. clrents ro recoverrhe loans.
cl Maintain special recov€ryarranseDentthrolgh loan fah, cltentsaiherin& recovery canpaiSn,erc
d) Legal proceedings andqulcksenlehenr.
€) Pr.vldlng lhendves to€mployee ior esh recovery trom cla$i6edand wrin n.ontoans,
7,07(a) Olrlnathcy€ar2021, ther€ are l Beamountofoulsbndl.ga.d.lasslned bans, to whom lcnsandadvan.*$n.tloned nore than 1O% of Patd upcaptral otthe Bant
summary of Aom-er are snom hclow I

Name oftle Bonoeer

19,17 4,666,933 ucsL{A 2.74%
t7 ,1,30,244,254 t7,130,244,254 BI,BI,W
4,942,644,493 4,902,644,493 BL
13,101,468,731 UC
Blha. BanSladesh Airlines Limited 55,7 2t,O4A,763 UC
Bangladesh Chemiel tndustries Corporatioh (RCIC) 25,659,544,a7 4 UC 3 7296
Ba nglad.sh ABrio ltu ral D evelopm en! Corpo rarion ( B ADC) 46,845,331,323 UC 6',?4%
B.hSbAesh W.ter Developmenr Eoard (BwoBl 9,692,57r UC
Bangladesh SDgar & Food lnd,Cor, (BSFlCl 47,224,615,291 UC
Trading CorpoEtion of Bangladesh (TCBI UC
Directorat€ Cen..al of Food DC 5,542,340,059 1,435,133,9a4 U 080%
3
7.07(b) Details about tne Group / Slngle Borower
2021
Name of the Boroser

llC=31,900,000
15,100,386,001 31,900,000 15,132,786,001
5MA= 15,100,886,001
797,527,353 ?97,521,333 UC=797 ,527,353

2,444,407,292 2,450,401,292
SMA= 2,144,40?,292
Shinepukur Cerami. Lld. 83L,446,?A7 139,094,279 910,544,566 UC=831,446,287

19,174,665,933 19,311,568,212

M/s Hall Mark Fashion l-iDit d VC=4,440,212,07L

3,435,918,353 4,040,212,47t ?,5L6,t3A,929
BL= 3,435,913,358
UC=442,526,976
2,634,924 442,526,976 345,157,896
BL=2,630,920
M/s Hall Mark Desis. Wear L,mit€d UC=1,92,106,217,
390,9?4,352 192,106,217 583,080,569
BL=390,97 4,352
M/s Jishan Khit Composite Ltd 41,952,985 41,952,9S5 BI-=41,952,935
M/s P€.fect Embrcldery Ltd 46,232,t16 46,232,t76 BL=46252,L76
M/s Boby Flatned Printin3 Ltd 11,1,165,705 tt4,165,?05 BL=114165,705
M/s Hall Mark Ace$orles Ltd a2,72',\,345 42,721,345 BL=42,7 21,345
1,102,063,735 1,182,063,735 lrC=1,132,063,735
494,746,922 494,746,92? \lC-894,7a6,922
M/s MahDud Apparcls Ltd ?9L,L75,604 79t,t75,604 U4.791,,r?5,604
U/s Hall Ma.k Spinnins Mills Ltd 724,204,477 724,200,47? BL=724,200,471
UC=17,054,537
233,235,321 17,054,537 255,290,353
BLW=?3A,235,A21
M/s Hall Mark Denim Composite Ltd L28,926,79A 124,926,194
5,256,038,600 5,256,033,600 BLW=5,256,038,600
M/S Anowara spinning Mills 4,143,33A,400 4743,553,400
M/s w,U.Man Fashlon Llmlted 1,700,,r51,311 1,700,451,311 BLW=1,700,451,311
7).,t23,997 7t,123,991
M/s Boby DeniD composit l,td BLW=70,434,?40
M/5 Hall Mart KnitComposite Ltd 44,t56,43? 44,156,437
M/s HallMark (nutr4& Dyeins Lrd 29,404,207 29,40A,201 BLW=29,4O4,207
M/s Hall Mark Pack SinS Lld 133 125 9,133,125 BLW=9,133,125
17,130,24\254 7,999,926,062 25,130,210,316

Ua=1,611,432,723
M/sT& Brother XnltConposlte Ltd 2,2314A6,635 1,61,1,432,7 ?3 3,843,319,378
BL=2,231,486,655
L,756,9L6,4A9 t,7 56,916,409 BL=1,756,916,409
M/s Dre$ Me Fashlo.s Ltd ,30.30J.4rq sl4,33r,osr l,rcsr_,oso
' !iBL-'740
i]1']!] 1:]
495.429
133,350,000 , 133,350,000 AL=133,350,000
4,902,644,49t 2,126,214,374 7,024862,a67

Thermax Check Fabrl.s Lrd, 3,449,609,279 VC=3,449,609,279

3,466,4t2,LA9 36,103,265 3,942,520,454 VC=3,466,412,149
Thernax MelanSe spinhin8 Mills Ltd 2,640,920,323 1,554,311 2,642,47 4,634 Ua=2,640,920,323
2,t90,459,4r4 2,t9A,449,4tA UC=2,190,459,418
Thernar SpinniIg Limit!d 954,067,522 954,067,522 UC=954,067,522
131 37 13
11 I

a
\
 Naneoarhe Borower
B,
sangladesh Atomic Enerry commisslon (Roopur NNP Projectl
Directorat General olDelens. Purch.se (DCDP) 34,454,577,92A 34,454,577,92A
t6,424,45t,660 16,824,,{51,660
4,?76,14e,569
Chlttagong Port Authority 4,406,277 ,AA? 4,446,277,AA?
Departnent of lmnig.ation and Pa$port IDIP) 5,666,966,904
Bansladesh Ordinane Facory (BoF) 5,703,930,009 5,703,930,009
Eangladesh lnland watEr TrahsponCorpontion (BlWIcl 6,0r7,?09,32L 6,01?,709,521
BanSladesh Peuol€u6 Explomtion & P.odu.tion Co. Ltd,(BAPLI) 6282,018,100 6,242,014,t00
BanSlad€sh Pow€r Development Board (BPDB) 56,345,114,619 55,345,114,619
B anSla desh Peuo let n Corporatior (B P C) ? 394,830,921 7,390,430,927
Biman Bangladesh Ai.lines Limited ss,12r,048,163 55,72t,04A,163 uc=ss,72t,04a,7 63
Bangladesh Cheniel lndustri.s Corpoatlon {BCIC) 25,659,544,A? 4 13,371,S78,804 44,03t,\23,670 UC=25,659,544,A74
BangladeshAgrioltuEl D.v.lopnentCorpo.ation (EADCI 46,8,15,331,823 t9,184343,t26 66,029,7t4,949 UC=46,845,331,823
Bansladesi Water Development Bcrd (BWDB) 9,692,57t 5,656,349,2A4 5,666,041,855 uG9,692,571
Bangladesh Slgar & lood !nd,Cor, (BSFICI 47,224,6t5,29t 39,988,013 47,264,603,304 UC=47,224,615,297
Trading Corporation of Bangladesh (TCB) 4,467,897,451 t6,467,690,?91
Dlectonte Ceneral of Food [DCF) 5,542,340,059 UC=4107,151,076
18,265,393,543 23,447 ,733,607
BL=r,435,138,984
t89,006,312,32r 827303147398 t,OrW
243.315.110.732 437 1,0a0.959.6a9.421
7,07.0t

12y€a6(within 30 06'20271
15,100,8a6,001
1s,100,846,001
7.08 Geoshphlal Area-*1ft Loans and Advan@s
202r 2020 2021 2020
lDBansladesb ltod-&inlhls
U.ban 500 462,924,997 ,?44
Rural 727 t22,619,L28,997 24.9?
subTotat ---ffi 649,734,235,466 s3s,5,14,126,201
Outdde Artrsl.dest
(olkrt,&Srlrguri t 481,760,834 394,147,422
lsl.m.c BJ nki nE window 376,a57,640 294,406,04). 0.05
rot t ___w 590,596,853,940 586,232,719,704 100
Ikad ome b hcluded ln Urbatr al@
7 oa,ot ln B.nglidedr (G t ofic. & Dkdct wte)
Dhakac['softe IlotErrDcn!!
Dhaka (1& 2) r2B 364,506,565,509 302,t47,552,763 52.7A1 51,547
Caziplr 23 4,Ot2,270,O0t
Mu.shix.ni 17 1,436,129,81,4 r,7tr,322,449 0.266 0 292
Narayansanj 19 3,345,067,651 3,253,852,458 0555
NaBlnedl 20 4,023,406,7 t4 3,472,271,3\r 0,583 0.592
Manikinj 1l 1,73192 1,350 985 0.251 0 215
sub Tot l 2r5 319,914,41O,209 55,012
Ctatto€ram GMt O6e
chattogEm Nonh 27 6,594,155,798 3,200,030,923
Chatto{En South 29 L4,844,270,t23 17,524,271,4?? 2.149
RaqaDati 23 5,556,946,875 4,534,002,888 0.a05 0,142
Eandarbon 7 t,379,923,030 1,155,316,111 0.200
Cox 5 Ba2ar 10 2,7r?,510,246 2,507,314,607 0.424
Prrv. t4 1,494,505,568 1,242,7 0.2L6 0,2t9
subTotal 110 32,642,31 30.254. 05 5,161

24 3,324,163,202 2,405,044,5? 6 0.481

20 2,496,612,645 0.420 0,426
38 7,714,S51,050 1.1t7 1.149
t7 1,886,806,973 0.273 0.281
2A 4,?62,499,465 3,??6,551,3?O
t2 2 565,91 2,30 84 0 312 0 392
139 22,653,544,997 t9,757,2A9.475 3.240 3.37t

37 7,497,4t3,271 6,307,320,a5a 1.161

22 4,s94,432,648 4,793,? L).,654 0.810 0.414
2,024,004,744 1,5a9,911,182 0,27r
10 2,634,334,t43 2 t95,722,981 0.381 0375
1a,153,7aa,A05 2.629 z.6zs

19 3,847,32r,305 3,533,247,955 0557 0.6t2

23 1 ,647,372,160 6,654,259,r08 1 109 1.135
22 5,5,{5,648,417 4,9t9,373,374 0603
2,469,309,204 0517
L2 2,3t3,524,463 t,123,996 2A7 0335 0 294
12 1,696,797,??A 1,380,806,339 0 246 0 236
105 24,630,279,572 21,137 3.S67
A8 $ l(l
*l(
* Dhaka ".-
I
A \
 35 7,650,404654 6,5).6,056,023 1.109 1.1t2
23 9,18{219,533 7,05?,093,473 1.330 1,340
24 28,944,817,865 27,453,661,496 ,{.191 4.683
3,2t6,909,234 2,665,50?,316 0.466 0.455
14 250?,464,299 2,421,1A4,1L9 0.427 0.414
11 ?,397 ,696,064 2,045,6?4,23t 0 341 0.342
121 7.464 a.34S

Myhedsln8h GM's Omce

8,018,349,493 ?,253,264,507 1.161 1.23?
t7 3,373,679,264 2,A30,07 t,375 0,489 0.403
25 ?,94?,063,616 6.902,t17,0AA 1.156 1.7??
32 6,044,320,419 5,303,670,541 0.882
14 3,826,939,082 0,818
4,003,264,3t6 3,727 ,637,67? 0.580 0.534
35,292,556,195 30,216,631,174 s,110 5,154

32 a,t49,656,062 1.180 7.2O7

19 5,772,754,612 4885,240,045 0.836 0,833
18 5,321,735,154 4,343,061,912 0,?7t 0,74t
24 10,197,586,509 a,7s0,a49,987 7,411 1.493
2l 5,039,700,7 52 4098,333,063 0.730 0.699
8 3,104,17A,466 2,765,253,596 0,461 0,472
I 4,821,884,r73 4303,141,603 0,698 0.?34
13 7,642,573,594 5,369,551,595 t.tr2 1,.172
143 50,170,559,330 43,093,324,24O 7,265 7.351

32 17,449,842,?33 10,554530,373 1.003 1.800

9,246,664,635 7,9A4,729,214 1.345 1,363
t1 ?,77 \043,136 6,094,65t,336 1,125 1.o,tt
19 11,304848,636 70,092,266964 t,722
10 6,615,385,939 5,350,345,426 0.958 0,913
2Z 12,77t,LL2,694 11,3 50005,000 1.849 36
116 8r,429,954372

22 2,495,515,114 2,021,t04,261 0.361

3? 3,538,259,559 2,814,110,508 0.512 0,480
13 2,2t7,472,13t t,1sa,739,792 0321 0.300
13 2,9e0,573,496 7556 0 432 .125
00 11,23l,a2!300 9,O94,172,723 r,626 1,551

12?, 6A9,73A,235,466 sa5,544,126,201

481,760,834 394,t47,422 0.04

lslamic BankingWindow 376,451,640 294,406,047 0,06 005
Total Loans & Adwn.es 690,s95,853,940 s86,232,719,704 100
-
Hcad om.€ & Islamic aa.k,DgWlndowisincluded lD Total Loans & Advances

7.0a.02 Dtllslonal Ome wbe

lnB gladesh ll!,af-&aLcbrj 2021 2020 2021 2020
DhakaDivision.l 119 3tt,292,9?0,988 257,r90,644,465 45,08 43,87
DhakaDlvlslon-2 64,621,439,22r 59,056,052,141 10.07
13,153,78&806 15,336,666,685 2,63 2.62
110 32,6423tt,642 30,254213,005 4.73 5.15
139 22,653,444,991 t9,'16L,249,4? 5 3,24 3,31
105 ?4,630,279,572 2t,).31,992,422 3.57 3,61
t24 54,309,915,643 48,923,131,253 7_46 8.3S
116 35,292,556,t95 30,2t6,63t,17 4 5,11 5.15
143 50,170,669,330 43,093,324,240 7,35
116 5L,429,95A,372 4.79
11,231,021,300 9,094,r72,123 1.63 1,55
lz27 6A9,73A,235,466 sa3,s44,126,207
-2 481,760,334 394,1A?,422 008
316,e57,640 0.05
Islanic BankinBWIhdow
Totai _lL 690,196,aS3,940 3A6,232,719,704 100 100

7,09 Detalls oa Ptovtslon Equlred aid held tor loars and adEnces:
A. R.qulred Prot'lston aor loans and advanes:
ahoulrt ln Tata
- 2o2t 2020
fi,2AO,225,).44 56,792,294,264
205,958,464 07?,ao9,762
For Loan asahs! whicn writ has been frled
42,207,754 40,341,57L
Fo. ove6eas Branches Cla.sifi €d Loan
12,1,47,073,449 12,45A,166,241
2,294,492 1,501,281
For over*as Branches Un.lassined Loan
7 5,677,703,294 70,165,719,119
B, Prcllslon Made fo. loans ad advanes:
wrir 63,486,183,548 51,663,r04,026
For Classifi ed L@n includin8
42,207,750 40,347,511
F.rover*:s Bra.ch.s Cbssified Loan
72,t47,0\3,409 t2,15A,166,24),
Fnr IJn.l.ssili€d LGh
29 2 50
ao. overseas Branches Uncla$ified Loan
75,677,703,294 70,165,719,179
C. Provislor Surplus/(De6ctt)
ForCla$ih€d L@n includingwrit
F.r overseas Branches Classified Loan
For Urclassifi€d L@n
Provlsion Surplus/(Defi .ltl

A8

A
I
@
7.09.01 cta$ln@tion of adElces as per Bangladesh Bank circular

2021 2020 202L 2020

stand d (ln.luding stalI Loan) 77.41% 73.94% 534,972,015,6t9 433,466,269,70?
special Mention Account (SMA) 5.10% 1.59 35,23t,570,725 44,469,766451
0.05% 0.05% 375,?25,667 20L,900,575
a.06% 432,317,522 340,442,394
82,6Ar/r s71,011,563,532 47a,SSa,a19,526

032% 1.45% 2,231,125,465 9,41t,79A,091

0.25% 4.70 1,692,890,849 4,t04,079,126
!6,21,% 1t5,604,692,A09 95,032,2t2,426
1,131,973 12,505,506
001% 49,449,372 53,305,028
r79,505,290.407 lo7,673,900,174
TOTAl, t0o,oo0/0 590,596,853,940 ,a5,232,719,704
t Cla$iffed Portion of Loans an.l Advanres of overs* Scnchwas Corrcctly tn.orpo€tld th to the ClasslnedAmounr
7,10 PrrltdlaB of requlred plovlsion for loans ard ad%nc.s / Inwstlnente st tu
2021 2021, 2020

8,986882.450 89,868,825 72,146148

ii) Loan for Professional 1,,113,133,037 2,00% 74,?62,661 26,494,9A1
103,031,095,313 2.00 2.060,627,906 1,60t,774,773
ivl ShortTe.m furi & Micro 55,765,926344 t,00% 557,659,263 466,AA7,537
vl stoail Mediud Eht rprise Financl.g 41 ,A\O,62?,72t o.250 119,526,510 115,430,930
vil Provision for BRPD 56/2020 76,410,004532 764,700,045 1,023,105,037
viil Provision tor BRPD 50/2021 9,445,671,744 2.00% 4,524,349,756 6,049,989,432
viii) Provision fo. BRPD 52l2021 18,953,521,209 1.50% 372,645,t30
ix) Provision for Stait Loan 64,535,131,524 1.00% 645,351,315 615,580,976
279,394,344,005 1,00% 2,073,349,523 2,417,tt6,990
375,125,666 1.00% 7,215,416 5,638,011
375,661,733 1.00% 2,294,492 1,501,231

B Sp€cific provlsto, StrEs

zo21 2027 2020

il Shortterm MicroCFdl! 415,457,656 5.00% 54,829,381 35,131,451

2,360,258,355 24,00% 472,05t,67L 634,?25,223

il Shonterm MicroCBdit 341,948,538 5.00% 66,431,250 ?4,42t,553

77,244,t54 50.00% 34,624,077 24A,a13,045

il Domestic Branches 67 ,37A,556,7 A6 100.00% 62,646,7 50,432 55,732,691,4-16

1,L3L,973 100.00% 7,1,3t,973 12,505,506

42 2A7,750 10000% 42,247,?50 40,347,57L
71,56A,AO9,132 63,322,432,933 56,a32,6,11,33S

c For Loan agalrst whlct srlt has beed nled 208,95A,464 872,809,762

Toral Requlred Provlsio, to. Lo.rs & ad%n.es [A+B+CI 75,677 ,703,29A 70,765,7 t9.179

BankEainrained prwision amountlngtaka 7,567.77 crore by relishingdelerraloftaka 2,545 61croreacordingly

?,u Indusny-Uls segment ol Lan ard adhn.es
2021 2020
6ovr of BD F@d (Salr & Rl.e) 4,139,700000 1,435,138,934
932,606,463 932,606,463
5,542,340,059 t,65t,493,441
Ru€l Credlt & A€Ii. Loan 40,232,100,000 61,684,690,383
6?,471 ,?00,000 61,126,700,000
Eorelsn Exch.nse (LIR/LlM/PADIFBPN, etc) 29,274,800,000 31,717,400,000
19,538,300,000 12,332,500,000
35,697,300,000 40,399,500,000
3,114,700,000 3,572,100,000
4,603,000,000 4307,800,000
Real Estate (gouse Buildingl 8,618,800,000 6,113,000,000
7,51L,7o0,000 7,454,600,000
2,00&000,000 2,006,200,000
616200,000 375,400000
354,900,000 3,432,000
d711,100,000 5,793,600,000
Pha.ma (ClEmiel/Pl6ti.) 4?2,700,000 372,t81,9).9
Alumltun & otier Metals 18t900,000 18d600,000
93,400,000
9,07&000,000 9,289600,000
Pap€r PrcduG/Printing Packaging 4713,800,000 4,683,500,000
1,267,300,000 1,738.400,000
Btma! BanSladesh Arrlin€s Ltd, 55,721,000,000 40,636,224,t26
otheB {0D/star/lTlBADC/BstC/ BlMc/8clc/BTMc/BSFIC/rc8/BwDB/sB UK/PayE/PU/0v Brancbe, 3A4,419,L01 ,4t8 277 ,A26,601,8A3
690,596,453,940 sa6,232,7 t9,704
7.12 se<ror *,Ie lor8 dd adEnes
covemnent 7.72.01 6,474,946,521, 7,228,10O000
O$€. Pubtic (Senl Gc'ra Aubnonous) 7,12.02 194,08{,710,507 724,695,240,000
Prirat ?,12n3 489,173,578,438 453,620,A26,207
5,466 585,s44, 01
'1.t2 04 376,457,640 294,406,04r
7.L205 4A1,16A,834 394,147,422
690,596,853,940 sa6232,719,704

(iat
i! Hi
DhJka

s
o\ \v .\___-,
7.12.01

4,ta7,746,521, 4,860,300,000

4.107 ,146,521 4860,300,000

2,367,300,000
2367,AOO,0OO 2,367,800,000
6,474,946,521 7,224,1O0,O00
7,12,02

193,339,210,507 124,250,500,000

407

111,200,000

745,500,000 333,500,000
745,500,000 444,700,000
794,044,7t0,507 124,695,200,000
7,12.03

337,525,658,591 304355,469,707
35,23).,5tA,?25 44,469,766,85L
372,757 ,169.3 t6 34a,a2S,236,SSa

2,231,t25,465 8,360,598,091
1,692,890,049
112.491.392.809 92,330,9t2,426
t76,421,409,123 104,795,5a9,644
1a9,17A,57A,430 453,620,426,201
7.12.01 lsl.mic Windows (Standard) 375,725,66? 231,900,s75
lslamlc Wlndo* (Claslned) L13r,913 12,505,506
57
7.12.05 0veBas Brah.h€s (srandard) 432,37).,522 340,882,394
0veras Branches (claifi ed) 49,449,31,2 53,305,028
447,760,834 394,147,422
Totil Loan o.l Ad@es 690,S95,AS3,940 s46,232,719,704

7,13 ltoveoent of claslf ed Lens and Ad6@s as a whole

openi.s Clasified Loans a.d Adhn.es 111,993,904,439

4,343,32t,220

924,302,960 747,745,044
Re.schedule Renew ?,322,423,024 5,390,070,000

12,390,047 ,200 10,501,S01,000

Add Classined Loans and Advances during lhe y8ar 24,507,437,430 6,141,496,333
119,545,290/407
Particulars of Loln .nd Adhnes/lnvestlnertr
, LoaN cohsidered good in respect of which the banking company h fully *cured,
@npany holds no sea.ity o$er tnar the d€btors'
411,599,898,465 365,732,235,345
coroider€d
ii) Loaos aood asainst wbich the banklng
a4,0t4,242,573 60,617,150,730
iii) L@nscomideredsoodsecu€dbythepersonalundertkinssofoneo.norepani€slnaddltlontothe
pe rsooa I euarantee oathe debto. 81,286553,392 41,604,624,392

ivl l,oans adversely classified; provlslon not mahtaln€d there aBainst

v) r.ans due by Dir€cros or omers ofthe ba.ktng company or.ny olthese eithe. *Paratlly or lolntly wtth aiy other peMns 65,040,371,600 61,936,314,441
vi) LoansduefromCompanieso.FirDstn wht.hthedirectoE of th€ BankinsCohpan, have tnterestr
as DlF.tor(t, Partn€r(t or Man.8ins .8ent[s] o. indse or prlvat compani.s B neDb€(s).
vi, Mdinumtotalamountofadvaner ln(ludlngEmpoEry.dvanEs made atahydme durinS the year to directors or hanage6 or
65,040,371,600 6t,936,3t4,441
omce6 of tle bank or any of tlem eithe. *vemlly or lolntly wlth any otlE. peEors
vllil Maximumtotalamounrofadh..er lncludinstempoEryadvanes S.anted durlng th€ ye.. to the coDpan,€so.ffrds ln whlch any ol
the dnecto.s oftle bank are inteEsted as partoe6 ornanagingag€ntor, in @se ofPrivate ompanies d mehb€rs
ix) Due fron other bahktnS companies

x) ADount of Classllied L@6 on which lnterest has not been Char8ed

a) lncea*/(D€ft@l iD Prcvision {637961) [26\AZ7)
Les: Prcvlslon deblted against interest waiver 598,000,951 769,6t5,666
Amount of provlsron rleased a8ainsr interest wrlver 169,353,839
bl Amountof Drovtslon kept.3ainsrloan cla$ined 63,523,391,397 53,0t6,379,222
cl lnterest Cr€dit d to the Interest Susp€nse A/C 3t,316,6t4,107

xi) writt€r-ofiL@nsasperBangladeshBankERPDCi.cularno-02dat d13,lanuary2003,

Openlbeahount olwritten off loan 69,949,889,555 70,494,2A5,t96
Lesl ADou.t rcalired (ln.ludes @sh & intercst waiverl during the year 1,6?2,593,00a 550,102,000
Ad{ Af,ountofwrltt n oft Lcn du.iry $€ .ur€nt year
closln8 aEount ofwittEn oE loans 6A,277 ,291,547 69,944,143,196

xii) Wrltten-of L@B as per Bangladesh Bank B RPD Cirolar no -02 dated 13, January 2003,
Cunulatlve amount of w.ittEn off loans 6A,277,Z9t,347 I
ote Various steps have ben t ke. to .eali* the wnEen on l@n and proDer records aP belns halntalned.
Kha/r

+ D haka

b>:Ls
I
53
 202t I zo2o I lozt | 2o2o
Flxed Ast lnclu.llng Prcmbe3, Funlture & Flxturc

32,227 ,645,444 37,922,653,41,6 3\947,466364 3t322,643,8 t6

310,271,060 332,949,773 31,0,277,06r 332,949,174
1,464308,481 7,291,,9t4,t97 L,402,444,335 t,2?9,579,149
1,304,987,616 7,t26,297,A5A r,273,422,043 1,724313,756
2,531 ,026,329 2,273,?24,992 2,473,70A,592 2,253,34t,O77
5,609,434 5,610,105 5,609,43,{ 5,610,105
Motor Car & Oth€r Vehlcle 623,477,219 620,118,538 593,950,005 590,657,323
13,086,740 12,553,608 13,086,740 12,553,608
3a,4a6,3a6,765 37,5A5,496,447 37.521.72It.610

2 30 ?4,49 50 2
26,304,299 24,492,45O 26,304,299 24,492,450

59 651 I 6l
665,272,559 617,603,760 651,2a1,561 672,954,424
66 52 59 7A 52 59
39,439,471,301 38,7S0,300,656 39,399,482,154 3A,6A4,4A7,042
(B) Ammulated Depreciadon

6t\746,632 456,077,00A 500,538,383 456,077,000

874858,951 164,975,296 413,776,125 751,949,774
948,62t,469 837,139,931, 919,579,44? 339,155,863
2,132,247,433 L,9IA,LO2,194 2,070,431,809 1,898,116484
5,545,599 5,437,880 5,5,t5,699 5,437,830
Motor Car & 0therVehlcle 433,952,914 344,60?,723 404,719,563 319,666,9r9
6,132,434 5,554089 6,132,833 s,554033
5,013,146,333 4335.a94,711 4,720,a53,a59 4,27 5,958.0t2

21,248,491 l 2 1 1 7l
27,244,49t 19,714,O47 21,,z4a,a9t
Depreciadob of tught of U* Asrj 127 032 2 t27,77 033
Total Accrmulated D.Dr.clador [299s6ofi6{ , s,oo7.676iae 141
(C) Anordadon of lntargible Ai*tr
5 561 374,37 675 srs"3s3 ,e?1_T- ----16ei 41iFi-
3 3 514 5,523,030.259 1

Wrltt4n DoM Value on Cost & Valudon (A.B.C) 34.013.939.474 33,a92.536,141

Detalls shom in AiD4E.B & c.
8.01 Mowment of Flxed a$etr
cost (0risroal)/Re€luation 39,rA1 ,2r9,65L ,245
37 ,654,077 33,684368,640 37,443,420,244
Addition durina the yea. 818,821,401 1,5a0,146,455 t,479,a22,4A9
39,926,041,052 39,234,223,701 39,445,467,710 39,163,242,649
Les: Disposal/Adlusment durinS the year 86,415,536 443,923,647 36,415,5a6 474,?55,607
39$39,625,466 3a,750,300,0s3 39,399,452,154 30,6A4Aa1,O.1Z
Addl(less): rorei3r' orenc? 3ain los (154,16t 602
Les: Acanulated Depreclatton & Amo.tiation 5,32S,531,423 64,5t5
4,A57,7 5,523,030,259 4,?93,t92,480
Detalk snom h AnDmre-B & C 34,013,939,473 33,A92,536,t41 33.476421.496 33,491,294,562
ttxed Aset ln.ludlng PreDlss, Fumlhle & Flxt@

?,760,644,799 I,863,642,737 r,92A,425,242 7,463,642,13t

3).0,27 t,060 332,989,?73 3t0,27t,060 332,949,174
1,464304,431 1,29t,970,191 1,402,444,335
1,304,987,618 1,12629?,A5A 7,213,422,O83 1,72A3t3,755
2,537 ,026,324 2,213,7?4,992 2,413,704,592 2,253,34).,077
5,609,434 5,610,105 5,609,434 5,610,105
Motor Car & other v.hi.le 623,411,2).9 620,113,533 593,950,005 590,657,323
t3,046,?40 12.553,608 13,046,140 12,553,603
a,427 ,345,640 a.001.317,531 1

26,422,74' 24,492,450 26,422,707 L4,o9L4so

26,422,701 24,A92,45O 26,422,707 l-- 24srr"4so

72 559 6).1,60 65 281 561 ta12 95 5

a.169.352,O12 8,679,O?t,793 4.103.s34.399

(B) acdbulatld D.preciatlo!
508,069,739 352,09?,559 396,654,942 352,097,159
a74,353,951 764,975,296 ar3,776,t25
944,62L,47A 837,139,931 9t9,579,441 839,155,868
2,732,241,449 L974,142,791 2,070,437,409 1,393,116,44,1
5,545,6e9 5,437,880 5,545,699 5,432880
Motor Car & Oth€rV.hicle 433,690,367 34A,6A7,?22 404,749,563 319,666,919
6,132,834 5,55,1,089 5,132,833 5,554033
4.616.A74,418

2L,34Z,661 2L,342,66t
21,342,661 19,711,046 21,342,661
Total A.cuhulated DeDE.lador 217 a0 191 a

{c) amo.tladon of lntareibl€ asts

525,562,560 I s1s"3s3,871T-36r7a-39 l
Wrttten Dom Valrc on cost Bals {A-B-C) s43
Dehlts shom ln Antrenre.D & E

la /, il
e
 xo2l 2020 20zl 2020
3A01 llov.h.nt ol ]lsd .sts
cost (0nsihal)/Revaluadoo 8,526.309,a09 1 ,59431A,450 &103,538,399 7.523,691,555
Additlon durln3theyear 679,22t,24?, 1,.016.472.132 661.898,931 1,045,ra8,0s5
9,205.610,691 4,640,42o,592 a,76s,a37,aa0 a,569,a39,5,10
L.$: Dlsposl/AdJusth.nt d!r,ng rhe year 86,41s,s35 411,469,243 35,,115,536 ,166,301.242
9,119,195,105 3,1693S1,{09 4,679.OzL,7.9+ 8.10:t,s30,399
add/(l€s), roElan orEnc, saln 16 [154,155] 602
Le$r A.omulated D€pEciadoo & Amo.dadoh s,156072,169 1,626,006,990 5,153,570,950 a,s5r,43d956
Derrlli ltom h A.I.tu-D
& f, 3.662.968,171 3,5,13,3,1S,021 3.52S.,1S0.443 3.542.1O3.442

l.@oe etraradnt oth.. .gt

lnv€srn.nt ln ShaEs ofSubsldl.ry & Assoclat Com, 35339,012 3,333,638,798 5,500,419,105 5,46d199,843
Advane R.trt Advenlsh.nt €t , 00.203,561 101,001,389 80,203,561 101,001.389
lntEr.d cohmlslonand Excha.Ee Rcelwble 20,901,476152 20,431,550,4S4 20,859,611,159 20,366,271364
Prcp.ld Exp.m.s s8(U$ Ltd. 77,756,31A
2.479,44,t 2,479,444
21,100,454,544 23,911,161,368 26,442,713,27O 25,936,113,327
NoDlD@n gend.dtrg odr.r r$etr
statlon.ry St nps and Pnntlng Mat rlals tn hand 137,05,t,586 t22,990,224 137,054,586 122,990,224
28,270,680,201 42,092,t15,t74 28,270,600,207 42,092,t15,178
S.drlty Dcposltr of SECI 7,551,941 7,676,t07
300,000 300,000
17€,890,240 !55,118,697 178.090,2,r0 165,118,697
115.102,,t,13,953 120,755,,t45,863 114,990J6&391 120,66A,902,116
Derrlk.bom h Am.re.G 743,577,593,126
170.020.306 695 1$,945,629,876
9.0r lnE6r!.Dt ln st Es oasrt6ldLry & asd.L coDFnLs
SoEll lnEstnent Limlted 2,000,000,000 2,000,000,000
SoEll lnt lkct Llmlt d a,rro,ooo 26,250,000 26,250,000 26.250,000
Ootdd. B.!3Ld.C! I
s.orrry D.p6lt wlrh c.nEal Bank of lndla 9,6t1,791 9,6A9,O72
sonali exch.ns. co lnc [UsA) "'*:" 81,510,000 80,561,0,t5
son.ll8.nk (Un Llnlt d I 3_311 .171_001 3,382,970,033 3,347,77 4,001
s,500,419,10s

9.02 Stado..ry, St mF .nd PtndDA tlate.lall l! lrad

11,310,r37 l\,401,265 11,310,737 1t,101,265
St tion.ry ln hand t25,?43,449 111,585,963 725,743,449 111,585,r63
137,O54,596

9,03 Adv.ne Reht.nd Advern*meDt etc

Advance Renl(Non lht rest 8.arin3)
.551 101,001,349 40.203.s61

9.0,1 tnter.r! Commlsslor & Ex.hanBe r.elvable

il lnter*trcc.lvable 15,763,235,154 15,888,136,018 15,763,235,154 15,888,136,018
li) Com6tsslon Ecelvabl. 5,096,376,005 4,47A,t35,35r 5,096,376,005 4.473,135,351
ilt) OII.B ecelrabl. of SIL 44,964,993 r1-s,219,046
20,904,a76,152 20,431,S50,454 20,a59,511,159 20,366,271,368

9.05 Pret,mln.ry, Formtlo! .Dd orF"ladon Expen*s ReDovadon/developo.lr ExDenes, ald p!.p:ld Er(Den*s
Pr!.ld B<D.N! (TnBr.frd lIlD .dlqdtts A/cl

32,330 612,359 12,330 612,359

2,117,114 309,2?1 2,411,114 309,271

9.06 Br.ncn AdlBEr..l

SoMll Bant( C.n.El Aaount Balale 6226,111,583,630 5,161,655,7 42,041 6,226.111,503,630 6,161,655.742,084
M.in omeA(@n! BaLne (N.w) 260,818,036,186 260,847,588,982 260,848.036186 260.847,588302
sorall Bank C...El (RMs+) 9,,100,0,t1.4a4128 J,414,021,743397 9,400,0,t1,,r,r8,(28 7.a14,821,74339t
sonall 8.nt c.n.El ^.ount
A.@unt (CBs) 6.359,930,353,494 a.794926,047,9Al 6.359,930353.'19,1
24,6A7,930,716,X24 20.260,25A,167,951 24,6A1,93lJ,116,228 20,25O,25A167 ,9St

5on.li B:nk C€n€ral Account Salane 6,223,55A,A61,917 6,161,393,199,577 6,223,554,864,411 6.r6t,493,t99,577

Mal. 0me A.count Bahnc€ (New) 260,699,003,121 260,699,086,501 260,699,003,t21 260.699,0a5,S0r
sonali Bank Cen.6l Ac.ount (RMS+) 9,314,+75,420,039 7,435,643,653,201 9,37 4,475,520,039 7,'t35,643,653,201
Sonrli Ba.l 6eneralAc.ount (cBSl 4,194,926,041 ,944 6,359,930,353,494 4.794,926,041 ,941 6,359,930,353.494
21.653,659,436.021 2 2 75.766.292.773 24,653,659,4t6.O27

9,06,01 Prcd.lon aFlnst BEnch Ad,ustlett (Unrecomlled Ertrles)

by Elrshln8d.f.rnlof t ka 373.32 crcrc,

9.o7 SulD.e &@unt
PE.P.ld Exp.es 572,881 2,677,5$ 572,A81 2,577,5L8
,ll,67s 61,292 4L,675 6t,292
BulldingCo,stnctlon 80,000 540,000 80,000 5,10,000
Adv.ne R.@Fbl. 1,a05,750 604750 1,aos,r50
TEElh8 Erp.Es 4,253,793 6,692952 4,253,793 5592,952
707,000 3562,200 707,000 3,962,200
172,630,1,r1 l+9,714,945 172,630,r1r 1,t9,?7&985
17A,A90,240 165,118,697 t1a,a90,240 15S,11A,697

\\
n
a H
Dha ia
 2021 20zo 2021 2020

Demahd DraftPaid in Ex-Advire 49,410,801 s4,3A6,22a 49,410,801 s4,3A6,22A

Gort Def,and D6ft Paid in Ex.Advie 1,419,222 1,370,2to ).,4r9,222 1-,570,2tA
290,137,177 294,663,961 290,137,?77 294,663,96r
Adjusting A/C Deb,t Bal.ne 950,9?1,922 865,769,318 950,97r,922 861769,313
lncom€ Td Dedqcted at Soure 26525,315,184 23,432,043,223 26,525,3t5,7A4 23,432,043,223
SBL Employees P.nslon tund lnvestment 49t,467,426 1,442,642,t03 49\467,826 1,442,642,t43
SBL Employees PDCRB frind lnEstment 500,000,000 4,t16,259,494 500,000,000 4,t76,259,494
sBL Employe.s Benevolenttund lnvesEn.nt t59,525,??6 t89,525,176
8RDB UCCAC.op L@ns ht& Penallnt Ex.mptioo-2oo7 511,203,719 sLt,2A3,719 srL,243,119 s11,283,719
setrlement A/c (lslahl) 571,050,251 6)-2,292,t76 571,058,251 672,292,1,76
L@n Exehpdoh Urd€r JutE Sectots Reforh ProJ.94-95. 5,094,543,083 5,094,543,083 5,094,543,083 5,094,543,083
Dehand Drafts Purchasd [DDP) 1,5r,407,431 392,252.9t0 15t,407,431 392,252,9t0
3,270,494,646 3,446,26r,47r 3,270,494,646 3,446,261,,477
ttz,796,745 244,755,579 112,196,7A3 244,755,579
Sanchaypa$a En6hmentAc.ount 9,043,243,624 t0,710,246472 9,043,243,624 ).0,t10,246,4).2
Ac,l Exemption A/c a,Iea.d by Rlver Eroron 99,557,a37 99,557,037 99,551,417 99,557,437
Wase Earners' Bond Eneshdeht A/C, 2,,t30,433,305 1,053,475,684 2,430,433,305 7,053,475,644
435,?75,A67 435,775,A67 435,175,46? 435,7?5,467
DeferEd Taxa$ets 9.08.01 26,0A7,501 ,726 21,5OA,4r1,042 26,07A,AA5,270 2?,50037A,525
Amy P.nsion bill Pu..hased A/C Nes 10,085,655,777 12,090,005,145 t0,oas,654,777 12,090,005,145
Advance Payhent of lacome T 4,704,622,441 7,604,71,2,954 a,o26,323,415 1,526,323,4t5
Prclininary Expenses . H R RemiEnent A/C 4434t,074 47,t40,904 4434t,074 47,188,984
ATM Settlemen. Acounr Debit Bahne 742,093,304 4t4,744)61 142,093,384 41,4,244361,
SECI SetdeDent Accouft Debit Balane 364,072,470 504,010,243 364,072,470 504,810,243
ClearinS S€tdement Account Debit Balane la?,576,272 30,238,969 7A?,576,272 30,233,969
Cort T6Dsaclion Settlement Account Debit Balane 14807,,r54,851 12,363,274,55L 14,807,454,851 12,353,274,53r
Plaementwitlt solicit don Acou.t 1,93,677,? L3 1,64,?7?,0L3 t93,677,?73 t61,7u,0L3
Branch Re@nstructlon A/C 50,195 50,195 50,195 50,195
Reelvable - Exchange Rat! Fluctuation oi Blman l-oan 3,011,956 41 3,011,956 41
Moblle Flhar.l.l Septes Llnk Semement A@ount Debit BaLnce 1,2s7,913 3,301 t,257,973 3,301
Nonlnt!Est Bearing Blo.ked A@ount fo. CoVID'19 1,742,41,3 3,471,349,96\ 1,142,813 3,47 t,349,96\
Rec€lEble fronGow UnderSavlngs C.rnn@t! lssuedtoWork€rsof BlMc ,1,068,061,708 3,542,t99,340 4068,061,708 3,542,199,340
0the6 CurEnt assets of SECI 79,754,077 lra,1?2
lslahic BankinC Wlhdow ?4,745,009 118,113,687 74,145,009 118,113,687
220,697,772 144,240,641 220,697,172 188,280,641

t ,z5o6Jr4.oo, 29,tA9,164,433 27,540374,525 29,102,?O3,4A7

Less: AdJt$nent duing the year 9,08.01.01 1,420,90b,356 1,600,750,351 L,422,293,255 t,601,424,96?
27,SOA,4t4,0AZ
DerEE€d rd (AeB)/ labltldes
r) car.y'Dgamout otriEd Aaets
Carryina amount at balane sheet dat! 33,340,0t9,24',7 33,250,042,t76 33,339,50475a 33,24A,770,59?
Le$: Land v.lu. and buildins construction Anount 29,964,134,36t 29,991,Lt5,5? 4 29,964,134,361 29,99r,1,1,5,5? 4
Carryin8 valle wlthout @nsld€rlng land value 3,X77,844,446 3,254,446,602 3,3?1,37O,397 3,257 ,655,023
bl 2,45t,363,433 465,519,442 2,456,207,4?7
Tebl./(DeducdDle) TerpoBry Dlreren.e [a-b) sot437,a47 807,523,169 s05,790,91S a01,447,396
fi)
Ca.r,lry amout at balaDe sh€et .tate
P.ryision for penslon tuhd lJ34,2A3,47O) (t,695,422,27 4) 1534,2A3,47O) (r,695,422,274)
Provlslon fo r PDCRB tund (?,512,424,226) [5,882013,133) (2,512,424,226) (1887,013,188)
Provision for EnDloyees b€n€lit {35,6341 (35,634) (35,634) (35,634)
Provlslon forBen volent Fund (163,3A7,1L1) rJ6334?,).7?)
(t,27O,534,447) {7,taz,477,O97) (3,27O,534,447\ Q,5A2,477,O97)

cl Teble/(Deducdble) TcnDomry Dlfierence (a-b) t3,270,534,447\ 17,3A2,477,O971 t3,270,534,447 1

(7,542A71,097\
lll)Provtslor for loans and advates
al Carryingamount.tbalancesheetdat€
Provision forClassined loan and advanc€s (55,793,486,209) (56,357,615,093) (55,790,372,029) {56,831,450,627)

c) Teble/tDeductible) TempoEryDlflerence (a'b) lrs,793,4A6,209) t56,857,61S,0931 ts5,790,372,029) (36,a3\450,6271

i, Prov,lslon for otlter asets

a) Carryineanountat balane sheetdare (5,099,856,9091 [3,92A,626,406) (5,099,856,909) (3,924,626,4-06)

c) Tebl./(Deduc-dtle)refrpohryDlfrerene(a.b) (5,099,a56,909) 13.92A,626,4061 t5,099,456,9091 (3,92a,626,4061

v) Provtslon for dlmlnlshhg Elue ol lD@slrnent

a) Carrying amountatbalane sheet dat! [1,150,148,007] (1,733,008,468) (1,150,14&007) {1,783,008,468)

.l Terrte/fDedudible) TempoBry DtdeEnce [a_b) (1,150,143,007) (1,733,00a,46a) (1,150,1,r&0OA (!"7a3,O00,464)

vt) ProvlsloD for Othe. De['s dd NBII
al carryinsamountatbalane sheetdale (1,229,4540581 [?45,200,000] (1,229,454058) (745,200,0001

cl Tehle/(De.lqcdblclTempoEryDlfierene(a-tr) (1229lS4,OSAI (745,200,0001 (r,229,454.0541 (7r1200,000)

!ll) Total Tcmpohry Dlfi.rene (66038,041,783) oo,oag,a97,8s4) (66,031,371,E351 (70,069,309,001)

6t7) (26,A6A,7a3,4L21
ix) Defered Td /rsets t26,414,772,31t1 (21 ,5AA,A56 t27,492,421,460)
x) Closlng Defered Tu Aisett (26,07o,772,311) [27,500,856,617) (26,064,745,412) [27,492,A2r,0601
xl) operlns Deaered Td 27 ,492,821,060 29,to9,164,433 27 A92,a2\O60 29,rO2,203,147
Deqea*/ttDacas) of DefeEed Tdtu*rs/Llabllitles 1,422,648,749 L6OA3O7B16 7124,035,644 r,609342,427
Less: Delerred Tar ln.omea8ainst IFRS_16 1,742,393 7,557,464 r,742,393 7,551,465
Defered Td Uabllldes 1,420,906,356 1,600,750,351 7,422,293,255 \60L421,962
( hari

a)
 L conelidated
2027 2020 2021 2020
Provlslon Mairtal.ed agatnst Other A*ts
C6h ln Hand (obsolete lndian Rupeel 6t4,675 6t4,675 614,6?5
stanD on Hand [obsoletE) 664,850 66,{,850 55,1,850 664,850
t39,437,121 139,600,000 139,43?,t2t
290,t37,777 294,663,967 290,13?,7LL
Branch Re@nstrucllon Account 50,195 50,195 50,195 50,r95
aSri Lo.n Exenpdon afect d by River Erosion 99,557,43? 99,557,A37 99,557,837 99,557,837
BRDB UCaA Crops Loans lntPenallnt ErempdonA/C 5tt,243,?19 577,243,719 511,283,719 511,233,719
Demand Draft Pald in Ex-Advice 49,,110,301 49,410,801
Demand Dratu Purchased (DDPI 52,300,000 52,300,000
WaBe Eamers' Boad Eneshm€nt A/C. 115,500,000 115,600,000
Penslon Bllls [clvll] 111,700,000 111,700,000
Interest Reetvabl€ 0ncludi.g orion ln6_ac Ltd.) 2,869,900,000 2,869,900,000
AdjustlngA/C Debit Balane 859,200,000 859,200,000
s,099,a55,909 1,046,435.237 5,099,aS5,909 t,046,435,237
lut€ Sector Reform Project 2,400,000,000 2,100,000,000 2,400,000,000 2,100,000,000
435,775,467 435,n5,A67 435,775,A6? 435,775,A61
500,000,000 500,000,000 500,000,000 500,000,000
Prellhinary Expenses HR R€cruin!ent 9,500,000 9,500,000 9,500,000 9,500,000
B ranch Adjustme nt o f U nreconci l€ d Entries 4,150,000,000 2,000,000,000 4,150,000,000 2,000,000,000
5a n chayp.na E h cashhe nt Accou nt 1,000,000,000 1,000,000,000
42,39?,t74 1,153,700,000 42,397,774 1,158,700,000
a,s37,673,O41 6,203,975,861
13,637,529,95O 7,25O,1 11,704 73,637,529,950 7,25O,4t7,104
9.09. ,ute Sec-to. Refom Ptolect
Throu8h lette. no_ DOS(BSS-1)1153/96/2015/A2L dat d 1,7 Februar,2015, Bar8ladesh BankApproved the Bank Equest to provlde Tk,30 Cror p.wision per y€ar agalnst Iut Sector
Reforn ProJect A.co.dhEty Bankhas kept that prcvisioo in 2012 and tota, provlsloh k€prTk,240 Crore up to31D€cemb€.2021.
9.10 Uoveuert ofthe Prcvlslon ag.lDst Other Aers
Openinrbalan@ 7,250,471,104 4,7ga,502i66 7,25O,411,tO4 4,7A5,502,366
L*s written. olldurinq $. ye
7,250471,1O4 4,7A5,1O2,366 7,25u,411,104 4,745,502,366
Less TEnslerred to P&L A/C
7 ,25O,4t1,104 4,745,502,366 7,250,411,104 4,7A1,5O2,366
Add: Additjon du.insthe year 733

9.11 Proylslon mde .Bltrs1 otie. .sts

t3,726,246,23t 6,739,L27 3AS 13,t26,246,231 6,139,127,305
l.t rest re *rye aqainst BRDB UCCACTDS Loab stl,2a3,7t9 477 2A3.719 itt,2a3,719

10.00 Non Danldnq Asls

11.00 Bom$ltrgs ftoh other banks, nnan.lal hsdtudoN & asents
1101 494,325,1A3 349,23A,tA3 494,325,183 549,250,La3
0utside Banqladesh 1102

BaDpladesh Bank Dehand Loanl

R.financeAeainstRHFGlromBaheladesh Bank '72,AAA 72,000 70,000
Refina.ce Asainsr lute Sector lrom Bansbd€sh Bank 494,253,183 549,180,183 494,253,1A3 549.140.133
,t94,325,183 549,2S0,1a3 491,325,143 5,r9,250,183
11.O1,O1 Sdrlty agrlnst boftowrDgs from o$er banks, finarclal insdtutions ard
Se.uEdfaqahstbillsl
494,325,183 549,250,133 494,325,t43
49,i.325.143 494,325,783 549,250,1a3
11.02 outside Baneladesh
Sonali Exchan*e Co.lnc 13,4L5,6?6
SonaliBank[UK)Ltd, 2,456,341,295

11.03 Maturlty Gtuupttg of Boreetry Froh otn€r Banks, llnancial Institutions &

Repayable onwithin I mo.th

ovsr 1 monlh burwirhlh 3 Monrhs
Over3 months butwithin 1 vear
Over l year butwithin 5 years
over 5 year butwi6in l0years
494,32S,1a3 549,210,1a3
12,00 DeDoslt and other aeountr
Curent oeposit & OtlE. Accounts 12.02 0r(a+b+c) 23t,07 4,44t,643 242,4t9,544,454 237,392,546,360 243,0).2,212,7A4
12,02 02[a+b+c) !2,314644403 tt,013,066,246 12,814684,803 77,043,066,246
528,620,442,4r3 45L,47t,060,424 528,620,A42,413 131,41L,060,421
12.0204(a+b+c) 577,891,093,980 553,247,916,4a4 577,891,093,980 553,24?,976,484
12.02 05[a+b+O 9?,505,675 1r,444,727 91,504,674 ll,aaa,727
Total D€pos,ts and otter aeoll.tt 1,350,498,16a.55 5 1,258,593,540,735 1.350,815,673,232 1,25A,7A6,264.665
DeDoslt and other a@unts
12.01(Al 53,138332,819 52,334,385,432 53,133,332,819 52,3343A5,432
fther rhan Bank Depcits 12.01[B] 1,293,375,050,941 \,20t,236,662,2L4 1,293,375,050,941 t,207,236,662,2t4

lslamic RankinsWindow 12.01(c) 3,651,165,711 4,624,534,37 4 3,651,L65,71,t 4,624534,374

r2.0r(0) 657,323,76t
4,3O2,449,172 s,2
Less: lnt4r Company balarce eltmlnat€d t92,723,934
1,350,a1S,a73,232 1.25A,7A5.264,665
12.01 Deposlts.nd otner a.couts
I" Int€. bank deDoslts
PavableonDemand 25,229,644,146 24,596,772,9t2 2s,2?9,644,146 24,s96,172,912
oih.rrh:n D.m:nd 27,908,688,113 27,734,272,520 27,908,688,113 27,73A,272,52A
s3,13A,332,A19 s2,334,3A8,432 s3,133,332,419 52,334345,432

5A2,27A,7 52 A56 457,520,544,505 5A2,27a,752,056 467,520,544,505

733,716,1,17,?70 791,096,298,885 133.71,6.L77 .',7 L0
94t 11
C. lslrmi.BankingWindow 3,651,,165,? tt 4,624,534,37 4 I 3,65r,16s,71r 4,624,534,37 4
65t,323,16L I asr,rz:.'zor 590,682,644
4302149,472 5,215,217,014 4302145,472 5,215217,01A

oN 1\

c, Dhaka
62
tl Dt,a,ta

lccolsl
 t ciN.'tld,b,l
| 2o2L I zozo 2021 2020

Current a.d Contiigency lZ.A1.t a

-
230,773,210,0tt 242,549,293,651 231,090,914688 242,7 42,0t1,54r
t2.42.2 t2,a0s,s?2,62r 7t,042,447,462 72,AO5,572,62t tr,042,4a7,462
^
12,02.3.a 528,414,544,950 45t,299,46t,994 524,414,544,950
57 4,202,357,50r 543,437,080,609 5? 4,2A2,357,501 548,487,080,609

1,346,195,679,043 7,25337A,323,716 7,346,5733A3,760 1,253,571,047,646

currentan{i Cohthgency 12.021.b 292,453,t?5 264,974,286 292,453,r75 264,9?4,246

t2.o2 2.b 9,1,1,2,7A2 574,144 9,tt2,ta2 5?4,744
12.02.3,b 53,97t,770 63,3?6,474 53,97t,7t0 63,376,874
t2.a2.4.b 249326,93? 252,A64,16A 249326,937 252,464,764
12,02.5.b 6,059,757 9883,932 6,059,757 8,383,932
651,323,761 sglJ,6a2,644 651,323,751 590,602,644
lslamlc Dankrna wtDdow
Alwadeeah Cu.rent Deposits 7202.1,.c 0,774,494 5,216,9).6 4,774,494 s,276,9t6
Mldarabah Savinss Deposits t2 02.2.c 157,525,752 108,221,556 t57,525,752 108,221,556
Mudarabah Fixed D.poslt 12 02,3,c 3,399,415,543 ,1,508,031,106 3,399,415,513 4,508,031,106
0rIer Mudarabah Deposits L202.4.c 91,,{45,918 3,00,t,795 91,445,918 3,004.795
3,651,165.777 4,624,534,374 3,65L,155,777 4,624,534,374
1,350,49a.16a.55S 1.254.593.540.735 1,3S0,815.a73,232 1,23A,7A6,264.665
Curent and Condnsency (Dohesdc Dmnches)
Curcnt Account (Credit Bala!ce) ?05,a27,A9A,524 220,322,299,426 245,427,490,524 220,322,?99,426
).9,4L7 ,1,35 41,880,707 79,4t?,1,35
Marsin on Lette. of credit 3,440,422,642 t,?43,90?,415 3,440,422,642 1,733,907,445
Margin on Bank Cuarant€e 46,421,190 3?,5A1,702 4n,s27,390 37,5At,102
469,65t,0?9 414,632,425 469,65t,079 474,632,425
CurEnt Accouot Barter Credit Balanc€ 2586,191,082 4,316,406,332 7,586,797,042 4,316,446,332
Branch Sundry DeposlrA/C 2,246,644,537 3,732,400,959 2,2A6,64A,537 3,732,400,959
25,638,019 703,57A,4A? 25,638,019 ).03,51A,4A7
Exponers' ForcEn Currency R€tention Quota 4,594,042,937 8rr7,311,029 9594,042,937 a,tt1,3tt,029
Foreign Currency Deposit 2,346,606,677 3,244,?94,446 2,356,606,677 3,244,794,446
Non ResidentF.C.0 (NFCDI & R.F.C.D Ac@unt 154,040,669 170,03t011 154,040,669 170,035,011
22,026,437 2,44t,404 22,026,037 2,801,404
credit Balance ol Loan & Advanes 251,O7',1,96A 335;44,358 257,O77,960 336344.353
231,o9o,914,644 242,742,O17,541 242,742,017.501
Les: Inter Cohpany balance Ellbimted 377 723
531
12,02,1,b cure.tmd Contingpn.y (Over*asBEnches) z92,AS3,t?B 264,974,246 292 93,778
12,02,1,c Curetrt md aondngeuy (Islamlc B.lkhg wltr.towl 4,774,494 5,276,916 8,17A,494 4,2?6,976
231,074,441,643 242,A19,84A,A54 231,392,516,360 243,012,272,794
12.02.2€ Bllls ParEble (Domesd. BEuches)
DraftPayable 2,204,004,1t1 2,237 3A9,379 2,204,003,111 2,237 3A9,579
Cort Draft Payable 44,327,424 32,549,181 44,32?,424 32,549,181
Payment0rder 10,430,832,376 4,70?,t19,367 10,430,332,376
Foreisn DEft/TBvel.rs Ch.qu€ lssued A/., 303,688 303,6aa 303,688 303,688
Forclgn DEE Payable A/c. 72,05t,42? 70,065,647 72,O51,422
12,40s,572,621 1L,042,4A7,462 12,aos,572,621 11,o42,4f,7 462

12.02.2.b Bllls Payahle (O@rseas Bhncher) 1 742 5 1 742 5 744

12,414,644,403 11,O43,066,246 t2,414,644,4O3 11,043,066,246
12.02.3.a savir3s BaDli Deposits (Domeslic BBnctes)
savin8s BankAccount 526,445,624,t7 4 450,309,84,1,714 526,AA5,624,174 450,309,A44,714
Daily Profit Scheme 772,t43,t94 3A5,297,A2S 7?2,143,t94 345,297,425
SchoolBanklngScheme 756,??7,5AZ 604,319,455 756,777,5A2 604319,,155
s28,414,544,95O 481,299,467,994 s28,414,544,98O 451,299,461,994
12.02.3.b savtnBs Bank DeDostts (Over*s ABnches) 53 53 4
12.02,3.c Sa!,lh$ Aank DeDostts (lslihlc Banklna wlndow) 151 752 2 7S

52A,620,O42,413 +5t,47t,060,424 s2a,62o,o42,413 451,471,060,424

Iired DeDoslt (Donesdc BEnches)
296,957,656,7 SA 283,261,833,358 296957,656,754 203,261,833,358
t79,642,445,900 t66737,270,7 tB t79,642,445,900 766,131 ,2?0,? rA
Deposit Pension Scheme 9,63?,tt6 11,106,999 9,63?,tt6 11,106,999
Special Dep6it Pension Scheme t3,77t,740 13,656,771 73,).1t,740 t3,656,??l
rr,20s,? M,472 r0,2s0,567,017 tt,705,? 14,a72 70,250,567,O1?
Eduetlon Deposlt Scheme. 2,570,1?O,AaO 2,99A,986,221 2,6?0,??0,440 2,994,946,224
Mediere DepositScheme t5,72A,077 ,063 16,147,446,670 15,724,0L7,063 16,).4L,846,670
542,421 ,8t1, 736,436,746 542,42?,4t1, ?36,436,746
Monthly Earnins Schenes 224,261,420 551,782,003 224,26L,42o 551,782,003
M.ri.3e Savinas Schemes 2,722,34).,377 2,940,4n,312 2,722,347,377 2,940,073,372
11,631,853,989 20,185,662,810 11,631,853,989 20,L45,662,4t0
2,140,t51,647 2,?14,449,724 2,440,t4t,6a7 2,2t4,449,724
MillionaiE Deposlt Scheme 32,395,35a,973 25,853,89S,699 32,895,358,978 25,853,895,699
Non Resident Deposir Scheme 10,524,626 6,260,632 10,520,626 6,264,63?
Re!lEhent Savings Scheme 27,762,0t7 19,99t,787 2r,?62,0t1 79,99t,14?
SonaliB.nk Retirement Savin3s Scheme t,2t1,0a1 ,261, r,346,10t,064 L,Z7l,0A7,261 1,346,701,064
Deposlt Pe$lon Payment Account 4,113,543 4,983,021 4,7?3,543 4,953,024
Shad heen Sa nchay Sche me 422,315,0t9 237,1,55,916 1?2,375,O\9 237,t55,916
S.S.Employees C€n€61 PrNident Fund 15,460,796,039 14520,198,490 75,460,796,039 t4,520,t94,490
s.B. EEployees Contibutory Provident Fund 343,419,004 473,a52,842 343,419,004 473,A52,A42
374,202 51,501 s4a,4a7,oa 571,202,351,501 54a,4A7,OAO,609
12,02,4,b Flxed D.poslt (Oversas Bnn.bes) 249,326,937 252,464,764 249,326,937 252,464,764
12,02,4,c Flx.d Deposlt 0slamlc Banldng wlndow) 3,399,415,543 4,508,031,106 3,399,415,543 4,500,031,106
ss3,247,976,444 s77,A91,O93,9AO 353,247,976,1A4
other Deposlts (Dom€sdc BEnches)
12,02,5,b Otter DeDoslB (Owrseas B&n.hes) 4,443,932
12,02,5,c Odicr Depositr I qL44<.at8 3004,?c5 I c1.44(.9t8 3.oo4,"os
?a 11

+ H
Dha ka
 12.03 lr BanBhdesh (GM'somefi*) !c.d&r!!t!t
119 337,1&,05t,413
253,231,050,838 230,L32,166,5X9
110 161 ,721,t19,956 172,{15,5r0,200
t21 77,947,703,246 73.062,299,596
115 53,429,17 4,420 14,771,274,541
105 66,547,73r,265 62.749,043.21+2
r16 7A,62?,9A2,208 69,194161,664
8o 50,240,786868 ,16,13,1,959,633
12,164,234,L77 39,51d415,561
143 ?7,A3? ,t33,259 68933345,19,1
139 109.157.891,168 t05,102.4?2,7t5
lz27 1,346,513,383,760 1,253,57t,O47,647
Islank Aanklhg Wlndow 3,651,165,711
65t,323,76t
'1229 1,350,815,873,232 1.21A.7A6.264.665

12.03.01 Deposttr and OtI.r A.@untr (Geogr.ptl€l Loedon.wls Oeposlts)

lllxiEra!$lr 2021 2020 2021 2020

500 r,00400&026,363 935,763,556,731 14.33
312,405,357,391 317,802,a90,915 25.36 2525
1227 1,3,16,513,383,760 r,263,51t,047,616
lslamlc Balkjtrr Window 3,651.165,711 4,621,534,375
657,323,761 590,682,6it4 005 0.05
tzz9 1,350,€15,873,232 L25A,7A6,2@,665 100

N.:d om@ E hcluded ln Urban

12,03.1.a ln B.ngladesh (cil's ofne and Dlstrld wi*)

Ilnl-EraDlhsr 2021 2020 2021 zo20

Dh.ka(142) 126 532,A06,537,401 486,751,795,580 39,44 34,67
zz 39,033,70L,125 33,491,695,019 ?.49 2,66
t? 12,290,05&655 t2,679,96t,224 0,91 1,01
18 tt,224,t52,043 r0,777,925,262 0,83 0.80
zt 15,r83,718,900 13,854,129,965 L.1,2 1.10
11 71,? s\Aoa,lz? 10, 0,87 0.85
2tl 622,294,996,853 s67 ,996,217,9a2 .1s.09

ch.ttoSr.a Gil! ofl@

27 63,082,3a2,653 22,672,223,529 1.80
29 70,a66,012,517 116,885,015,831 5.25 9.29
23 9,692,653,1,56 9.26X,721,063 0.12 0.7a
? 2,479,654,OOt 2,{31,832,539 0.14
lo 11,993,051,920 12,5/t8,131,620 0.89 1.00
11 9,110,435,709 8,61,1,582.609 0.67
110 167 .224,749,956 172,415,510,200 12.34 13.70

35 203A3,678,L2r 10,556,?06,469 1,50 ),.17

23 13,51,1,609,654 11,795,055,350 1,00 0,94
24 21,OA4,501,t57 19.718,113,928 1.56 r.57
t7 9,178,25t,O66 a,a22,642,714 0.68
a,3s9,723,361 9,602,015,939 0,62
,1 5,504,933,84r 4,921,t\5,162 0,{1 0,39
124 77 ,947,703,216 73,062,299,596 s,77 5.a0

14040,261,518 12.342,502,461 1.04 0.94

16 1 ,297,517,900 6,90,t,349,559 0,54 0.55
a,s21,147,542 7,5r8,685,091 0,63
2l 11,869,584397 11,20,r,975,5S9 0,88 0.89
10 1,717,422,277 4,t42,629,695 0.35 0.33
2l 7,316,771,252 ,836,455 0.55 0.53
116 s3,429,77 4,420 1A,774,27A,854 3,94

9,192,529,459 9,683123,143 0.72

23 1a3a2,512,329 16796,112,3,18 1.36 133
22 t0,406,64t,723 9,722,a52,177 0.80 a.??
1,2,173,34r,519 12J35.799.603 0.92 1.03
t2 3,277,058,511 7,362,00\Aa9 0.61 050
t2 6.855,513,09,' 6,246,X93,523 0.51 0,50
56,4A7 62,7A9,083,242 ,1.93
105 ,731,265
uyD.Dsln8t c '. ofie
19 8,587,446,601 ? ,750,A03,077 0.62
t7 ra,aaz,2?9,564 9,494,830,371 0.81 0.75
25 19,571,643,,{56 17,039,349,{80 1.45 1.35
32 2A,!73,624,374 24,732,t43t49 2.O9

6.585,335,013 5,7 19,975,776 0,,t5

{,827,603,200 t.,161,360,017 0.36 0.35
74,627,942,204 5,32 5,50

9. '.'.___/.
 2021 2020 2021 2020

z? t0,485,25t,679 9,5A2366,576 0,78 0,?6

32 25,72L,369,000 23,57?,450,3r? 1.90 1.A?
13 7,132,032,stA 6,320,100,121 0.53 0.50
13 6,902,t33,67t 6,775,042,679 0,51 0.53
50,240,746,464 46,134,959,633 3,72 3,67

3',7 21,436,946,713 \9,779,727,t20 1.59

22 9,968,339,514 9,54L,335,A7? 4.74 078
10 5,033,812,541 4,455,366,368 437 035
10 6,326,O95,34A 5,437,946,256 4.47 043
79 42,765,234,1t7 39,514,415,56 \ 3.17 3,14

32 15,99&046,560 74,092,6 t4,433 1,18 1.).2

19 7,625,65?,045 6,781,880,343 0,56 0,54
18 72,294343,4?6 11,090,337,255 0.91 0,88
24 t6,73t,043,4t6 14566,388,S05 t,24 1.16
2l 11,435,306,433 70,237,542,493 0.05 0,81
I 4,464,331,234 3,A77,326,728 0.33 0.31
I 3,299,667,462 2,954,440,724 024 0.23
13 5,964,703,t49 5342,37 4,409 0.44 0.43
143 77,437 ,t33,259 6A,983,345,194 s.76 s.4a

z4 17,234,953,185 24,656,947,057 l.2a 1.64

2A t3,260,9?4,237 11,949,417,588 0,98 095
3B 42,7 40,557,827 3.15 3.10
LL,94t,326,625 t4.494,236,7?9 0,88 087
2a t7 ,072,657,9Aa 15,720,850,161 t.26 1,25
72 6,906,514,688 0.52 0.55
109,157,491,164 1O5,1O2,472,775 8,08 4.35
1,227 1,346,5133a3,159 1,253,571,047.647
Islamic Banklry Window 3,651,165,711 4,624,534,375
77,O3 2,b
651,323,767 590,642,644 005 0.05
'roralDeposlrsandorherAccounr5 122q 1,350,815,873,232 L25A,7A6,264,665
Head ofilce ls lncluded ln Number of Bmnches and Deposits and OtherAc@lntr

2021 2020
12.04 scctor wlse Deposlt In.lldlng Bllls Par?ble
P..siden.y, Pnme M inister omG and ludiciary 774,20t,797,5?e tt2,495,554,964
Autonomous and Seml-autohohous bodi€s 739,t19,246,419 136,289,903,552
0!h€r Public Sector 213,080,783,593 222,447,t9\,209
53,138,332,319 52,334344,722
422,973,223,29t 729,604,0t3,r94
1,3,t6,513,383,760 r,253,571,047,6,46
lslamic BankinaWindow 3,651,165,711 4,624,534,3?5
651,323,76! s90,642,644
_]i59f15fl323L- !]59J 9t]4@
12.05.a MatuntycrouptnsoadeEosltsandothcraccountrIIrcludinEBillsPayable)
527,504396,762 492,tL6,65?,4t1 634,405,A64,254 547,771,545,364
Repayable wlthin 1 Month 732,491 ,909,646 726,424,449,966 113,210,800,031 tt1,32?,A4A,532
oe€r 1 monrh but witl:in 6 Months 269,t49,784,044 26).,t56,909,t60 250,056,010,159 25A,? 64,350,209
Over6 montls butwithin lyea. t92,712,004,932 rs6,559,?94,79t rs3,599,042,143 149,445,970,457
ove.lyearbutwithinSyeaF 105,398,336,596 93,47?,372,342 r01,474,044,309 93,038,965,219
over 5yea6 burwlrhin loyears 97,20?,749970 35,333,280,915 86,316,415,135 46,197,164,740
25302,2t2,198 12,763,400,035 11,753,615,551 6,240,413,? 45

1,350815,873,232 1,25A,7A6,261,665 1,3 50,a15.073,232 1,254,746,264,664

Le$j Inter Compatry halance Ellmlnated 311,744,677 t92,723,934
1,350,,193,153,555 1.2Sa.593.540.735 1.350,a15,373,232

12.0s.b Maturity crouping oa lnter-Bank Deposit!

25,229,644,706 I 24,596,t72,912 25,229,644,?06 24,596,712,9t2

Repayable witnin 1 Motth 18,373,345.?8q 18,3t7,721,t36 18,373,345,789 ra3r7,?2?,136
I
over t honth brtwlthin 6 Months. r,665,248,963 L 1,570,090,89a 7,665,24A,963 1,570,090,897
over 6 honths butwithin 1 year 5,246,35S,974 5,233,636,325 5,246,35A,914 5,233,636,325
|
over lyearbutwithln 5 y€.rs 2,623.?34,387 2,6L6,8L8,!62 2,623,734347 2,616,4t9t62
|
over5years butwitl n 10yea6
I

53,138,332,319 s2,334345,432 s3,133,332,a19 52,334 3a5A32

502,274,752,056 467,520,544,505 so2,214,752,056 467,520,444,505

Repayable withlD 1 Month 714,524,563,49? 108,111,122,830 r1,4,524,563,49? 108,111,122,330
over 1 month but within 6 Mohths 267,524,434,125 259,546,474,262 267,524,535,725 259,546,814,262
over 6 months butwirhtn 1y€ar 7A?,465,725,954 t01,326,t9A,466 ta1,465,725,958 181,326,150,466
over t yea. but witbin 5 years to2,456,A97,532 91,255,554,220 702,456,497,532 9r,255,554,224
oler 5 yea6butwithin 10 years 9?,524,453,64? 3s,aaa,280,915 9?,524,453,64? a5,333,2a0,915
25,902,212,t94 r2,763,400,035 25,902,272,t94 12,763,400,035
7,297,677,540,413 t,2O6,451,A79,233 7,297.677 ,540,413 1,206,431,A79,233
L.ss: lnter Comp.ny balance Elininat€d r92,?23,930
1,350,49J,168,555 1,25a,593,540,735 7.350,A15t73,232 1,254,7a6,264,665

( att
t i

tl. aui
 zo21 2020 2027 2020
12.05.c Ma$rlty crolplng ol Dlls Pay.bles
Repayable on Demand 12,314634,303 t!,443,066,246 12,814684,803 tt,o43,066,246
Repayable within 1 Month
over l nonth burwlrhh 6 Mohrhs
over6 honths butwithin lyear
Ove. 1y€a.butwithin 5y€ac
over5yea6 burwirhrn 10 yea.s

t2,474,644,403 71,043,066,246 12,814,6a4,a03 11,043,066,246

Un-claimed depGtts for 10 yea6 or hore held by the bank as
22,247,648 4,643,561 22,247,&A 4,643,161
13.00

Provisio. fo. Cla$i6ed l@B includinS writ 13,01.a 63,532,318,601 5?,705,457,597 63,529391,39? 57,?05,45r,597
Provision fo. Un'Clasined lG6 13.01,b 12,t49,311,901 72,460,26?,522 72,t49,31r,907 12,460,267,522
lnterest Suspense 13,02 5t,674,240,t90 46,374,746,765 51,318,0,{1,800 46,020,273,019
P rcvision aSai nst di m inishi ng value of I nvestment i n Shar€ I 3,0 3 L233,444,342 1,866,304803 1,150,148,007 1,783,008,468
Llability foremployees benefit( Pension tund) 13,04 534,243,4?0 7,695,422,274 534283,470 t,695,422,274
Liability fo.employeesb.nefit{ PDCRB tund) 13,05 2,572,A2A,226 5,887,013,188 2,572,A2A,226 5,887,013,188
Liability for employees bene,lt {B€nerolent Fundl 163,34?,1t1 163347,).r?
Provlson for €mploy€€ behents 35,634 35,634 35,634 35,634
Provislor forln@meTax 13.06 6,654,).22,696 6,t1,0,).41 ,424 6,553,408,965 6041,899,316
Provislon for deben re [Publi.and Prirat€) 5,944,L25 5,944,1,26 5,944,).25 5,944,L25
Provision for Balance wlth Eangladesb Bank ,t68,800,000 468,800,000 468,800,000 ,i68,800,000
BB Rel]nane Scheme tor SME [Reh, Eherg//Solar Ener6/. ?9,t39 79,139 ?9,t39 79,1,39
462,202 50,463 462,202 50,463
EmployeesTax Deductld at soure from Salary 7,?04,426 7,677,stg 7,704,426 7,677,sto
Interert Payable ( For Flxed Depcit) s,644,683,416 4,724,8A3,965 5,544,633,416 4,724,505,955
lnterest Payabl€ (For oth€r D€pcit) 702,842,063 1,310,609,860 702,842,063 1,310,609,860
lncome Reeiv€d inadvanc 432,273 396,904 432,273 396,904
544,95L,607 350,373,,111 544,95t,607 350,373,411
P@lsion for 0,I Bahne Sheet Exposur€ 2,714,5? 6,16? 2,366,41,5,302 2,? 14,57 6,t62 2,366415,302
P@lslon for Bonus/Er-ghtl. 13,07 2,554,129,A21 2,563,542,9?9 2,540,373,730 2,551,251,6A?
Foelgn CorFspondent Charges 160,0'12 648,188 760,012 5l8,1Aa
AdjusdnC Account CEdtt Balane 3,655,137 3,655,137 3,655,137 3,655,L31
Provislon fo. NOSTRo A/C 350,489 10,010,305 350,439 10,0r0,305
Interest BearinSrc Repayable to Bangladesh Bank 51,885,089,510 50,452,t79,322 51,A35,0a9,510 50.452,7?9 322
Voedonal Woneh s Cis.hene Clahntee Fund 2s6,353 256,353 256,353 25b353
ASrioltural cua..nt e ASrinst l.DA Credit-724 8.D. 19,562,612 19,s62,6t2 L9,562,6).2 I9,562.612
lndustrlalCiGuarant e Clalhs reerved Fund 1,334,493 1,834493 1,83,1,493 1,334493
Banglad€rh Ban k Cr.G u arantee Feel.D"{cr.-32S8.0. 7?4,997 17a,997
RSclCSeruice Charg€s l.D.ACredit"825 8.0. 4,487,t22 4,08t,t22 4,80r,122 4,881.122
RevolvinS tuon a3:inst l.DA Credit '72 5 B.D. 37,240,733 37,240,733 31,240,?33 37,240.133
1,r,752,730,457 10,666,036,189 77,752,t30,A5? 10,565,036.490
Inte.€st Subsidy A.count 3,585,618 3,535,618 3,585,618 3,585.618
sPL A/c s Proeedsofthport Dodment DiofF,c(NBP) ?47,657 ?47,657 7A7,651 7A?,657
spectal account5surplus Pro@eds ollmportcoods 4,419 a4?9 8,4?9
Unchimed DivideDd (NBPI 749,57A r49,574 1,19,578
AST{lDACu.Bnbe Fund for MCDSF. 45,3t2 45,3t2 45,3t2 45,3t2
Moth€rClub Wonen s Cr.Guahntee Fund 2,554409 2,554409 2,554,409 2,554,409
Loan fiom lDAcredit No.765 BD. s6,a24,870 56,424,470 56,024870 56,424,470
Sira*anj lntesat d RuEl D€velopment Fund 47,t44,457 40,484,334 41,,704,457 40,488,334
Provison fo.otier Bank s and Financial lnstltutlons t,229,454,054 745,200,000 1,229,454,O5A ?45,200,000
224,rt9,540 224,tt9,540 224,rr9,540 224,1t9.540
VoSTRo Accours Balance 13.08 70,606,096 70,746,334 70,606896 7A,?46,334
Refrnan@ fund for Milk Product and Adffcla, Io*. Schene-RCD 19,600,000 94,755,000 9d755,OOO
E Challan statementa.countcredi!balan.. 266,634,536 2,936,535 266,634,536 2,936,535
ATM settlement account credit balane 11,421,985 61,,67?,352 tt,42t,985 6t,6?7,352
Clearirs sttlen€nt account credlt balane 44,242,4t1 41,246,955 44,242,411 4t,246,955
GoW TFnsact|o. setdement a(d.t cEdit Bahne 29,t96,600,?40 1A,9Ar,910,229 29,t96,600,?50 ta,901,970,229
MCD L@n setdementaccount cEdlt Bal.ne t,644,943 1,640,943
FET s.tdeD€nt accout oedit Bala.ce 5,253,475.? 43 \a35,249,307 5,253,475,? 43 r,a35,249,307
SanchaypatE eles accouDt c.edit Balance 6,1,2t,214,934 &343,399,150 6,t2r,2ra93B 8,343,399,150
ImprcstA/C.Reeived fim
B,B.8alnstw.E.R Accounl a1,650,564 1,886859 a1,550,564 1,886859
Lee Ltability a3ninst lFFl-16 4t4,470,351 404,932,399 4t4,470,351 404,932,399
TEvel Tax onllneTran$.tion [Lo) Aaount 2,42\754 116000 2,42\150 116,000
Travel Tax Central Recov€ry Account 690,000 140,250 140,250
E Passport C€ntdl Re@very Ac@unr 528,500 347,300 528,500 347,300
Mobrle Flnanciat s.ryices Link settlementA/c credit Balane 2,94?,796 2,94?,796
R€payabl€ to B.B aeairstStlmrlus Fund Recived fo. Wo.ker's Salary of
155,411,339 155,411,339 209,a05,2a6
Export ortenrld lndustrl.s Under covlD-19
lnt!rest Suspense Adou.t fo. COVID-19 2t6,572 338,216,631 216,57? aaa,2r6,63t
Repayable ro B,B lor rrDd Reeived UnderAgrl, L@n aeainn Special Stimulus
2,064,351,400 222,947,000 2,064,351,400 222,947,000
Refi E.esch€me (RCD) for CoVID-19
Pr.visi.n f.r Other ,!+ts I,046,435,237 5,099,856909 1,046,435,23?
Provision for Brancn AdjusEnenr of Unreconcil.d Entries 4,150,000,000 4,150,000,000 2,000,000,000
Provlslon rorlut sector R€fo.m troject 2,400,000,000 2,400,000,000 2,100,000,000
Provision for Army Pensio! Bills 500,000,000 500,000,000 500,000,000 500,000,000
Provision for Prelininary Exp€nses HR Recrultment 9,500,000 9,500,000 9,500,000
Provlsion for NRTAc.ountDebitBalance 435,775,467 435,775,A61 435,775,867 435,775,467
Provision for orion lnfrstructlre Ltd. 303,600,000 303,600,000
P.ov ision fo r Sa nchaypatr. E ncashn enl Accou nt 1,000,000,000 1,000,000,000
42,397,114 1,153,700,000 42,397,174 1,158,700,000
Provision for Start"U p Fund 13.09 67,266,641 32,700,000 61,266,601 32,700,OOO
'144,750 ?44,750
BB Rennane Scheme for S.M.LofTk1o A/C HoldeB
350,452 350,,{52
Und.r Revolving Refi na.ce schem. fo. covlD.19 117,000,001
bsidy Fund Received from BB agai.sttovlD-lg 91,562,64A 94,562,650

(-
Dhak a

'..-.../
 l.t€resr Bearing
zozt l ron 20zo
[Paya Po.tAuthority)Repayable
F,C to B,B 2,594199,333 2,594,199,333
BB Refinance sch€ne [200..ore] ro.lute sector 29,990,000 29,990,000
Provision forst ffLoan Exemprion A/C 50,000,000 50,000,000
Bank P0S settlement account cr.dit Balance 101,300 101,300
SPc s€ttlenentAccount Credit Balance t2,197,334 l?,?91,334
Provision a8ainst Portfolio L@h 389,011,537 339,011,533
Erpees Payable for SILClientsale & others 27,6L6,311 2?,295,34?
Others Iiabilities of subsidtary Company SIL 34,757,397 140,29t,937
others llabtliries of sbsidiary Conpany SECI 24,620,736 167,724,525
otners liabiliues otsbstdiary Company sR{UK) Lrd. 97,432,9t4
Ponfollo MarAin 0ep6it Conrol *,?a3,712 43,814,309
Remittanc€ Payable to Benenclary 73,515,,{13
229,At4 2Z9,At4
111,540 1t8,723
277,747,SOO,7Ol 245,377,971,970 276,440,928,713 244,O15,A95,213

L34A,370,185 1,335,389,342 1,348,370,785 1,33S;a9;42

230,975,051 230,975,051 792,167,994
7,579,343,A36 7,527,557 ,340 1,579,345,A36 1,527.557,340
lslahlc &Dldlg Wndow
lffi 739 t9 z
250,016,924,AO2 247.644.721.731 278,750,357,410 246,282,644,415
13,01 .) Prcvlslon for Oasrtde.l l@Ds lDctudlng srlt
Balance at the b€gibningoftheye.r 57,?05,45L,597 53,076,379,222 s7,705,45r,597 53,416.379,2?2
Lessr Provision d.blted against interest waiv.r 598,000,951 769,6t5,666 598,000,951 169,615,666
57,107.450,646 s7,a46,? 63,556 s7,to7 Aso,645 42,a46,7 63,556
Add: P.ovision credited agalnst D€bitTRA hom Branche5 632,967 26t,827 632,961 26t,427
s7,108,0a3,613 52.447.025343 s7,toa,oo3,6t3 s2,a47l?Sla3
Addi SpecificProvision (iocludine lslani Win,) hade durins the year 6,422,3? 4,AtO 4,470,014,643 4,474,0?9643
Add: Overse Brancbes L460,L77 40,341,571, ]460,t17 40,34?,57t
Closing Balare at thE end of 0!e year 63,532,313.601 87.705.457.597 63.52a,391,397 57 ,705,451,597
b) Prcltslon for Utr.Claislfed loans
Bal.nce at rhe besrnnins of rhe year L2,464,267,522 5,357 ,5L5,74-t 72,460,267,522 5,357,513,J 41
Lesi L@N written oil which tully Prwlded for
12,460,267,522 5,357,575,747 12,160,257.522 5,357 ,515,747
Add Recovery from rhe Previous writteh 0II Loans
12,16..J,267,522 5,357,515,747 72,160,267,522 5.357 ,515,7 47
Add Provision made duringrheyear (311,746,8401 6,413,\44,457 [311,746,840) 6,473,144,451
12,148,520,6A2 17,430,660,201 12,144,520,642 17,430,660,204
Less Prov sion which no more required
7,747,52a,70A 11,430,660,204 7,747,E?A,7AA 17,430,660,204
Add: Special ceneral Provision agaihst CoVID-19 5,000,991,894 1,02&106,037 5,000,991,894 ).,a2a,t06,o37
Add: 0ver*as Branches 791,,219 1,501,231 79t,219 1,50L2a1
ClosiDg Bakne at the end ol the year 12, 149,311,901 12,460,267,522 12,749,317,901 12A60,267,SZ2
Special Ceneral Provision a8ainst CovlD-19 has been haintained d
per Bangladesn Bank BRPD circular letter no56 dared 10 De.enber 2020 and BRPD circular letter no,so dated 14
December 2021.Thls.mourt ls l.clud€dwiththe total P.ovision on Un'classi0€d l@nsand adrances under nore-13,01(b).
13.02 Interest SusDen*
Bala,ce at the bednnins of the year
Inter€stSuspenses 46,371,4? 4,6t2 39,945,961,335 46,077,940,466 39,592,954,868
Inter.$ Suspenses Penal lnterest 2,212,133 2,274,040 2,2?2,1,53 2,270,040
39,944,237.425 46,O20,213,019 39,595,224,90A
Add; Anounl transterred to "lnterest Suspense'r Account durine the year
8,450,480,786 4370,740,4t3
lntErest Suspen*s Penal lnteEst 27,214 2,113 27,2t4 2,tt3
a,450,50a,000 7,467,642,273 8,370,767,627 7,441,042,947
Less: Amount Recovere'l in'lnt resrSuspense" accountduringrheyear
3,1,49,542,944 L,44t,126,932 3,072,067,7?7 L,419,O94,a7 5
I.lerest Suspenses Penal lnterest a7\674 47t,6?4
3,150,41,4,57 4 7,441,726,932 3,O72,93A,A45 7,4 t9.094,47 5
Less: Amountwritten o,Idu.ins the year

lnteresr Suspenses Penal ln!erest

Closlns Balan@ at lhe end of tne yca.

lnEresrSuspenses 5t,67 2,A12,49',1 46,31t,47 4,612 51,316,61,1,107
lntePst Suspenses Penal Interest 2,2?2,L53 t,427,693 2,272,t53
51,,674,240,190 5L31a,041,a00 46.020,213,0r9
13.03 Protlslon.galffl.IDlDlsblDg Blue of lnvesonent ln Share
B.lar@ at the heED.lDa ofthe yea. 1,866,30,{,803 2,',7 50,5?1,6t0 1,783,008458 ------ ,,66?,115r?4,
Add: Additional durlng the year [632,860,451) 1884,216,80?) (632,860,,161) (e84,216,807)
Clostng Bal.rce at the cd of tte yer 1,150.14a.007
13,04 LlaDillty fot lhlloyees PeDslo. trDd

Balane at tte beghlltrg otthe year t,695,422,274 t,733,4t2,393 r,695,422,274 7,?33,4t2,393

Less, Paynentnade durinStheyear 1,213,201,859 303,507,450 t,213,20).,A59 30&507,450
Add: Addition during theyea. 52,063,055 270,1,t7,33L 52,063,055 270,tt7,331
Closlng Balance at tne erd of tne year 534,283,47O r,693.422.274 534,2A3,47O 1,695,422,274

t
 2021 2020 2021 2020
P.ovision Required 534,243,470 534,2A3,470 -t,695,422,2?
534,243,470 4
Provision Maintained 534,243,470 534,2A3,470 534,243,470 7,695,422,2? 4
Prcvlslor slrDlus/{Dencit}
13.05 Liablllty for EmDloyees PDCR Bereit tund
Aahnc. at tle beelnnina of tte year 5,887,013,188 9,636,966300 5,887,013,1aa
Less: Paym€nt n.de dlrlng the year ?,567,4? 6,124 6,794,034,969 7,56?,AJ 6,t24
Add: Additlon durinsthe year 3,475,850,007 3,817,923,013 3,475,850,007 3,4L7,923,0t3
Closlng Balan.e at the end ol tte y6r 2,s72,424,226 5'3a7,013,188 2,572,424,226 5,887,013,188

2,572,A2A,226 5,887,013,188 2,512,A2A,226 5,887,013,188

2,57?,A2A,226 5,887,013,1aa 2,57 2,A2A,226 5,8a7,013,1aa
Prolrslon surDlus/pencit)
13.06 Provision for In@me rd
Balance at the beglnnlng of the year 6,tlo,ta7,429 5,622,27?,457 6,041,a99,316 5,535,924,154
Less: Adjustment ior €rcess provision 3,92?,244 453,936
Less: Paynent durina the yea. 38,493,135 33,960,790
Add: Adjusunent for Rebat€ ofSB (UK) Ltd. 15,475,016
Add : AnountEa.sferred duringtheyear 574,880,590 522,384698 511,509,649 505,975,162
Closlng Balan@ at rhe end of tne yea. 6,55A,722,696 6,170,t47,429 6,5S3,404,965

13.07 Providon for Bohus/Ex.AEda

aah!.e at the beglnnlng oa tte year 2,563,542,979 2,180,591,339 2,54t,251,6A? 2,769,769,rt'
Lessr Payment durin8 the year 2,3t3,61t,663 1,670,005,907 2,3t2,676,463
Lessr ReturnfroE Ronus 200,000,000 450,000,000 200,000,000 450,000,000
Add: Adjusthentdu.in3 tbe yea. 1,798,505 251,547 1,798,505 251,547
Add: Provision Mad. durihgtneyear 2,505,000,000 2503,500,000 2,500,000,000 2,500,000.000
Closlng BalaDce at the end of tle year 2.354.729.e27 2.563.412.979 2,540,373,730 2,551,251,6A7
13,04 VOSTRo Amounts D6lale
As at 31 Decemtre. 2 021
SL No,

1 Myanma. Forei8! r€de Eank Myanma. EURO 116,4s6.3? 97,383 11,340,871

2 EURO 10,782.00 97.383 1,0/t9J34
3 USD 1d398.91 85.800 t,235,426
4 The Jamm! & Kahmir Bank Ltd, USD 25,153.50 85.300 2,158,599
5 l,lyanma. Investe.nt & Com. Bank USD 494,254.04 85.800 42,750,540
USD t37,0t9.47 a5.300 11,756,305
Erport Develophent Bank Ltd. USD 115.85 85.800
Bank of c€ylon, srilanka USD 3,557-49 35800 305,233
405,747,03

operatinSprofitbutss per latestcirolar base for the tund was chanSedto n€tp.onr Bank has created the tundaccordingly.
45,300,000,000 45,300,000,000 45,300,000,000 45,300,000,000
14,01 Authorlred Capttal
600,000,000 ordinary sharesofTaka 100 each
14.02 tsued, subsrlbed .nd tully pai.l up Capltal
453,000,000 ordinaryshares ofTaka 100 ech 45,300,000,000 45,300,000,000 4S,300,000,000 45,300,000,000

takaonehuhdred.
14.03 Capltal To Risk welclted Asets Rados (cRARl
ln terhs ofsedion 13(2) ofBank Cobpany Ac! r991and Ba.Sladesh Bank BRPD ci.ala. no.09 dated 31 Decehb€r 2008 and BRPD clrdlar no.18 datld 21 D.enber 2014 requled
apital ofthe Ba.k at the close ol business on 31 D€cehber 2021 was Taka 66622040,000,00 a5 a8ainst cor€ €pital of taka 52,009,009,063,62 and $pplen€ntary epital of Tat€
14863,888,062.65l...atotalcpit!]ofl.ka66,a72,A97,126.27hasbe€nmaintai.edderebyshowingasu.pllsofepltal/equltyofTaka245,857,126,27attleyear€nd:'
Total rrsk welglt d a*Ls hcludtngo,I-bahne sheetltems 664034,500,000 634709,200,000 666,270,400,040 633,601,700,000
Required @piral@ 10% of.isk wei8hted asserr 66,403,450,000 63,470,924,000 63,360,170,000

14.03 02 56,259,260,743 52,009,009,064 43,674,1A1,353

14.03 03 14,363,333,053 t4.a26 682.A24 14,863,888,063 74,426,642,424
Total fllsible Reaulatory capital {Tler I and 2) 7t,tz3.t4a,a45 63,444,556,921 66,472,49?,126 63,500,A64,6a1
921 24 t4
GRAR/ cAR aaedon Ba*l-Ill/ (Il) FEmework

14.03.01 Capttal requlrem.nt

lier- l (Minimun CET-1@ 4.5%) 55% 7.47%
Tier - ll I Maimuh !p
ro {% ofthe total RwA or88.89%
of CET-1 whtchever is higher applieble fiom 01 ,anuary 45% 2,241h 2,34% 2.23% 234%
20LS)
10.0y0 10,714/.

1403.02 Tt.r l CaDltal

A. Common Eqdty Tler 1 ICETI) C.Dit l [Coh8-con@fr CapllaD
Paldup capit l .{5,300,000,000 45,300.000,000 .ts,300,000,000
Statltory eserue 15.00 L3,469,O02,429 14,54?,096,640 73,469,002,429
165,713,816 t66,162,690 165,7t3,476
Retalnedearnlngs l6,a? 6,6s2,225) {9,655,238,3881 (7,353,568,706) (9,647,375963)
on-Controlling Interest 3,692,200,445
s6,924,533,342 52,660,290.624 49,247,74O,242

L€s : lntangible Asts (Sofi,are) 665,272,559 61,7,603,760 631,2At,36). 61,2,954,425

L€$; Defercd Td Assear 14,o3.2a
s6,259,260,?A3 92,OO9,OO9,O54 4S,674181,353

( lari
N
I

I
\v
 z02t 2020 2027 2020
A. Ad.lidonal Tler-l CaDltal
Non-emulative irredeemable pr.ferene shares
lBtruhent3 lssued by the banks that m€€t the qualiryinS

otheB (if any iteh.pproved by Bangladesh Bankl

Les: Re3llatory Adlustmenti froh AT-lCapital

(sho.dall Prcr'lsloD agalnst NPLS)
Total Tler 1 Capital (AlB) 52,009,009,064 48,674,tALAlA
14,03,03 Tier 2 caplt"l
Tl.r 2 CaDltal (Gone..oneh C.Dlral)
ceneral provision malntained agalnst unclasslned lans and oft-balan@ sheet
14353,333,063 14,8214,682,8?4 14863,808,063 14,426,642,424

Astr revaluation reserye

Reraluatloh Resetue ior HTM *oriues
Revaluation ReseNe for Equity
14,863,8S8,063 4,426,642,424 14.863,a8A,063 t,az6.6a2,az+
Less: 100% Revaluation Reserves for Fixed Assels, securities
14,863,aaa,063 14,426,642,424

asainstCommonlqufylierl(cET-1)capitalahountinStaka2,TS004.roreregardlhglotalptvisionason3lDecembe.202lBankhascompliedthatinstructionacco.din8ly
14.04 Rrsk Weignr€d assets [RwA) {Taka h c.ore)

2027 2020 2021 20zo

i) 0n-Balance sheet Exp05ure 51,321.03 4?,294.43 51,650.80 4?,3t3,26

iil off Balan@ Sheet Exposure 1,65,{,88 1,533,92 1,654.88 1,533.92
6,430,18 6,290,47 6,430,18 6,22t.57
3,350.70 5,891.14 &29148
Total Rlsk wel8!'ted Asseb (A+B+c) 66,403.45 63,47O.92 66,627.O4 T 63"!60l?

2021 2020 202' 20zo

A. Euerble Capltal :
1. Comnon EquityTler 1(CET1) Capitat (Colng-conc.rn capit l) 56,259,?,60,703 52,009,009,064 4&67d131.853
2,Tle.2 Capltal (Cone-cone.n Capit l) 14863,888,063 14,426,642,424 14,863,888,063 M,426,642,424
3.Tier.3 {eligible to. market riskonly)
4. Toral Elldble capital [1]2]3): 71,123,144,845 63,4A8,556920 66872,497,t26 53,500,464,641
B. lotalRlskweighted A$ers (RwA)| 664034500,000 634709,200,000 666,270,400,000 633,601,700,000
C.capital Adequacy Ratio (CARI (A4l R)*100 10,71 1000% 10.04% \0.4296
D Co.e Capital to RWA (A1l 8)'100 4.47% 1.Ar%
E supplementary Capit ltoRwA(A2 /8]'100 2.24% 23414 2,23 2 3496
66403,4S0,000 63,470,920,000 66.627.040,000 63,360,170,000
14,06 Rado (As per B6el III requlrement)
capltal Related Railo
t0 4296
3.05% z a3%
Ltquldity Related [tadol
Liquidity aove.age Ratio 422 54% 539.08%
Net Sr.ble Fundlng Ratjo 10073% 100.45%
14.06,1 Detalk about Rado
a) Capltal to Rlsk-welghted A*t Rado (h at
J,

Credit RwA+Markel RwA+Operational RWA + Dha ka

66,412,49?,t26
666,270,400,000 ,q

71,123,14a,345
CRAR {consolldated) =
664,03,{,500,000
70,71%

Tie. 1 Capital [after relat d€ductjons)

I,R
Total Exposure (after relate deductions)
52,009,400,000
LR (Bank)
1,039,473,527,A1,7

2,43%
56,259,200,000
LR(co6olidated) -
7,A47,729,474,544
3.05%
c) I-lquidtty aoreEqe Rado
Stock of liquid asseLs
LCR 'tuality
Tot?l net esh oudlows over the nert 30 calendar days
678,518,369,000
160,582,635,400
422 5496
d) NetStabl€FuDdingRano
Availablc amounr.rstabLe rundi.g (AsFl
NSIR
Requiredahouhtolst bletundins(ltSFl
t,142,644,350

Il tao.73./r

c,

c.
 14.07 De talls abo ut Shareho as at 3l De.cmber 2021

covernment ofthe People s Republic ofBansladesh represent€d by Finan.e se(etary Ministrv ofFlnance 452,999,992 45,299,999,200
Mr.Ziaul Haeh Siddiqui 100
Mr.A ( M Kamrul Islam FCA" FCS 1oo
M r. lshtiaque Ahmed Chowdhury
100
Mrs. Dr. D oulaBrnnaher Kha na m
100
100
100
Prot Dr. Mohanmad Xyakobad 100
100
453,000,000 45,300,000.000
14.0a Name ofDirecto.sand thelr Shareholding

Mr Ziaul HasanSlddiqui 100

M. A K M Kahrul Islan FCA.FCS 100
100
Mr. Isht aque Ahm.d chowdhu.y
100
Mrs Dr Doulatunnah€. khanam
100
to0
Prol Di Moltammad Kyakobad 100
100
400

2021 2020 zo2l 2020

15.00 Statutory f,esde
73,469,002,429 t2,4AA,a?2,516 13,469,A42,429 T 1r,4oos?rJrb
Add: Transler€d duringthe y€ar [20%ofpre-tax profit) ).,414,094,2t1 L464,429,9t3 t 474,094,2t1 I r.ooo,qz'r ot:
73.469,O02,429 14,547,096,640 t3,469,002,429

Re$rye ior U nfore*en Lo$ 16.01 47,000,000 47,000,000 47,000,000

t6.02 704,762,690 103,713,816 !04,762,690 103,713,015
Re* eoisR(un Ltd. 95,125,75r
Resery€ fo. Unmnted Risk arlslng fron Vault 15,000,000 15,000,000 15,000,000 15,000,000
261.844.447 766,762,690
16,01 Re$de for Unfore*en Los
B.lance at the besinnhS oftS€ year 47,000,000
Transter lo nesNe for Unloreseen lo$es
00,000 47,000,000 47,000,000

Balance at the beglrning oitheyear 103,713,816 12,374,094 103,713,816 12374,090

Disrribuuon during the year (48,951,1261 (ta,664,214) (48,931,126) 0,4,664,27 4)
30,000,000 30,000,000
Reserue for CSR agalnst C0VID-19
50,000,000 20,000,000 50,000,000 20,000,000
Resetre forCSR durin8the Year
104,762,690 103,713.a16
17,00 Revaluador Reswe
t7.01 2,5A6,67 r,024 14,332,531,640 2,546,61t,024 14332,531,640
Revaluation ot l.vestmenl
L7.02 i,495,933,27? 27,493,933 271 21,495,933,2?? 2t,495,933,27 7
Assets Revaluatlon Reserue 2

24,OAZ, 01 36,324,164,917 24.OA2.604,301

17.01 Remluadon lnvestment
oa
17.0101 135,307,716 775,446,973 ta3,307,716 ??5,446,973
Re%luarion R€*rye for Held to Maturlty(HTM)
Revaluatlon Reserue for Held lor Tradiq (HFT) 17.07,42 2,079,063,A54 ,474,400
1,3,547 2,079,063,854 73,54? ,474,100
1701.03 322,299,454 509,770,267 322,299,454 509,170,26?
Revaluation ReseNe tor Reneasu.ed Securlties (RMSI
2,1a6,6 74,A32,53t,610 2.546.671.O24
Dalane ar tte end of tte year
17.01.01 Rev.luadon ResBe for Held to Matlrtty (mM)
100,600,447 736,054,50a 100,608,4,17 736,054508
salan@ ar the beginniq ofthey€ar
39,A32,465 39,a32,465
Less; Loss on Revaluation oftlTM
Balance at the eld of tte year 135,307 .776 775,Aa5,973 7A53O7,776 7?5,446,973
17.01.02 f,cvaledon Resene for Held for TEdltrg (EFT)
Balance ar the be8rnnins of the year t4,222,752,926 (162,049,4501 t4,2?2,152,926
Less: Loss on Re€luationofHFT (L2,t43,649,012) 13,709,523,849 (12,143,649,072) I-l---7"r,o4r,4soil
t:,zog,szr,e+o I

Balarce .t thc end of tbe yea. 2,079,O 13.347.474,400

17.01,03 Revaluadon Re*ry. for [emeasrred se.urldes Gfis)
Balance at the besinnthgoflheyear 509,r14,267 51,242,503 549,770,26-l 5!,242,503
(186,870,8141 45?,927,764 [185,370,814] 45?,921,764
Less r loss on Revaluarion ofRMS
322,299,154 so9.770.267
Balane at Oe end of the yea. 322,299,454
77.02 AseB Revaluadon Resde
21,493,933,271 2L,495,933,27 7 2t,495,933,277 2t,495,933,27-t
Balane attne besinning ofth€ year
Addition durlng the year
21,495, 2t.495,933,277 21 .195.933.277 2
aahnce ar the end ol tte year
14.00 surDlus ir Pro6t and Lo$ A@unt/Retalned Ea.lirgr
(!,647,575,953) (7 t,74a,493,492)
BalanG at tlF heglnning of the Yed [9,655,233,388] {11,842,586,6991
add Previous Year Adjustnent

3,805,955,276 3320,434,677 3,456,668,149 3,234,349,412

(1,078,094211) (1,068,429,913) (1,078,0942111 (L,064,429,9L3)
Transfer to Statutory Re*rye
(50,000,0001 (50,000,000) (50,000,000)
Transfer io Reserve for CSR [50,000,000)
'lrarsfer to start-!p Fund (34566,631) (34,s66631)
Transfertd share Money ofSECI (815,100)
Adjustmen! for lnvestme.tin SB [UK) Ltd- 136,759,936
T.ansferto Rese e for Unwant€d R,skarlsin8from Vault [15,000,000] 115,000,000)
2,779,239,220 2,1a1,404,764 2.294,OO7 ,287 2,100,919,52'
(6,A75, 19,65S,1A1,935) 17.353,568,7061 .s75.9631
Toral Retahed slrplus ,1641
Cuft ency conversion dlft rences 653,0561 t56,4531
5.612-225\ 17353,563,706) 19.647 .575,963\
Balane at the cnd of thc yea. 16.A7

(hat

t+ ?.
Dhaka
o F\ e
/ ;-.
,\__--.,
 2021, 2020 2021 2020
19.00 coDd.gent U.bilides & CoumltneDtr
l,.tt rs ofguahntee 9,454,474,057 7,414,A47,353 9,454,47A,857 7,474,A57 ,353
lrevo@ble Lett B ofcr€dtt t9.02 868,318,836,307 936,600,205,509 868,318,836,307 936600,205,509
Bills for coll€ction 1903 8,420,138,856 5,338,003,9?2 8.420.138.856 5.338.003.972
fln6 rqxl<1070 q1q.4

slgnifmnt ahount olirrevocable L/C has been lncurred in 2017 becaus. of openinS a sp.c,al L/C aDoun:ing to Ti! 96.2,15 c.ors i. favor of liliaisFy ol Powe., En€rsl and Ulneral
Resour@s, Covernmentofthe RepublicotBaqladesh for Ruppu. Nuclearpower planL
19.01 Lette rs of G uamntee
Clalms lodged wlth the bank@mpan, whlch ls not re@Snlzed as l@n;
Money ior which the bank is @nting€ntly liable in respect of 8uarantee

3,77€,615,861 1,383,982,054 3,??A,6t5,067 1,383,982,054

Bank and otler financial iostitutiors 9,742,?16 11,950,700 9,142,776 11,958,700

s,66t,7A3,48). 6,073,956,206 5,661,783,481 6,073,956,206

4,960,393 4,960,393
9,454,47A,457 7 rt14,457,353 9Aa4.17a.AB7 7 .474.A57 .353
19.02 lr4o6ble l,ett.rs ofcr.dlt
913,036,494,639

774,73A,09038e 918,036,494,549 77 4,134,O90 3Aa 916,036,694,689

l--- i1i]1ep2i.;ee) 91
(ll) Bank and Other Fln clal lBdtudoDs

94,180,161,573 18,563,310,421 94,180,161,573 13,563,310,321

584345 534345
94,140,745,979 18,S63,310,a21 94,740,745,919 1a,563,310,a21

1a 21 21

a6a,31a,a36,307 936,600,205,S09 464,3 1a,a36,307 936,600,205,509

19.03 Bills for collection
Payable in Bangladesh (lnland Bills) 19.03 01 3,234,572,634 2,tao,3?1 ,667 3,234,57?,634 2,t80,3??,667
Payable 0utsjde Eansladesh tFo.ejqn Billesl 19.03 02 5,131,S66,21a 3,157,626,305 s,131,566,218 3,157,6263A5
a.420-13a.as6 5,33S.003.9r2

19.03.01 Payable ot lDland Btlls (Dlvlslorar offie-wts)

Dhaka0ivasion'1 2,264,216,448 2,264,27 6,444 t,770,164,91\
Dhaka Divl5lon-2 103,69t,615 253,221,721 703,69t,6t5 253,22t,727
).39,t34,?99 739,t34,799
t23,910,A34 54,719,135 123,950,831 54719,135
3,977,721 3,977,721 3,977,727 3,977,721,
3,537,181 24,499,232 3,537,181 24,499,232

Mymetu,ngh
3.234.S72.634 2,740 377 ,667

19.03.02 Payable of roBbn Bi[s (Dlvt lonal o6e-e'l*)

Dhaka Dlrislon-l 7,7 43,22r,024 1,654500,012 r,? 43,22t,024 1,654,500,012
Dhaka Division-2 t41,033,433 6,531,913 ).4?,055,433 6531,913
1,244,946,tt8 t,245,946,t18

Ovets€a Bftn.bes 327,224,95s 254,644,262 327 22A,955 250,644,262

s,1a1,566,218 3,157 ,626,305 5,181,556,213 3.157.626.305
20.00 lnome Sratement
'12,066,394,t42 72,437 ,213,',160 71,956,030,630
lnleEs! discount.nd similar tn.one 24.07 73,406,41r,078
commission,exchanBe and broker.a€ 20.02 13,369,565,973 12,488,534651 13,051,574985 t2,213,49L,442
OtheroDe.ating incone 2500 550,352,048 435,575,195 550,347,,111
a7,26a,50a,151 85.705.775.411 85.925.365,941

^! r-t
Dlat;,

Clc.

T1
 2021 2020 2021 2020

lnt Es! f4 .nd cohhlssloh 43,6t7,085,916 4t,9t7,389,118 43,537,089,183

AdmlnlstBtiv€ expe*.s 20.03 t6,907,206,979 t5,939,466,25',1 16,307,704,740 15,744,327,454
0$.roD.Edng.xpen*s 4,533,376,030 4,427,292,870 4,36.1,150,197 d768,310,,183
o.pEclatton on banklht agts s26,66&845 795,406,035 01,2,671,147 793,106,9A8
65,961,337,421 63,473,524,913 65.O21.611.307 6l,252,915,755
20.01 Irr.E*, drsur dd .lmlLr ln@he
x1,3t2,671,tO0 32,008,439,984 33,144,481,111 31,959,609,,132

lnt Estlncome on treasu.v hlllr reveBe r€Do, bohds 39,093,7X6974 40,057950,158 34,692,?3t,3t9 39596,429,147
lnt€Eston debehu)re

20.02 CommlidorrH.t rA. ud bmt raAe

678,868,101 670,868,10.{
12,62r,795,599 11,809,666547 12,303,804,611 11,594,623,373
13,369,565,973 12,4aa,534,651 13.0S1_57t.945 t2.273.19t.442
20,03 Adoltrlstt'rdE BDent $
Sal.rl€s..d allowares 1s,r46,57 5,924 1,t,508,321,704 t4,422,423.616 74,424,170,475
R.n! Tdes,ln$dne, El.drlcl9 €t , 1,302,168,310 1,153,059,570 1,231,881570 1,110,083.183
149,139,354 36,?68592 18,917,30t 31,t01,512
Post ,., Stamps, T€Lommuoletior etc. 5,1,831,589 46,267324 1?,623,595 ,{r,150,365
St doE y, Pnndn& Adve.ti$he.t et . r76,111311 164,967,421 167,643,896 159,106918
M.naslns Dirc.roB el.ry.nd tes t1,377,350 9,05t,180 7,606,47r
2r,161,755 ,1.369,200 5,099,600 3,612900
42,20?,454 5,552,195 4,616,980 ,1,281.19S

21.00 lnLr.st lr@mr

0n Loan and Advanes 21,01 26A0?,2rS,2Ao 25,4t0,44+,179 26644,719,916 25,353,351,3r3
0n b.Lre witn odEr bankr and nMncla! h.tiurtio6 2r.02 2,222,LL3,t64 4,792939993 2,21A,t1A,8t7 d788,533,085
On lntlEst rcaived fron foel8r bank! 21.03 s1.132,808 53,625,000 51,132,808 5a,525,009
oth.B lnt Est ln@me 2t.01 1,5@,732,209 2,985,797,9t7 1,567,599,295 2,886,316,190
on lrlamic BankinS wlndoe 222,192,\90 293,506,462 222,192,790 293,506,162
0norcresBEnches 39261,,116 27,744,473 38,261,'116 27,744,473
On Sonall Ban* (UKJ Ltd. 100,027,034
34,312,974,100 33,172,494,032 33,744,741,411 33,423,667 ,531
l-.s lnt rolt ln@h. tnBfe.ed to lnt rst S!s!.E A/C r,464,058,043
31.312.671.700 32,008,439,984 31.959.609..132
zt.ol
3,353 ol03 !,151 8,103
1,489,781 7,239157 r,.189,781 1,238,!57
0n Hors. Bulldtm L@n {0.ne6ll 572,123,A61 494030,0,11 572,421,64 494,030,041
0n House Buildinr 16.lst A 1,813,063,570 r,972,517,gB0 1,811,06.t,570 1,972,517,880
95,320,511 113,110.305 9s,320,57t 113,1r0305
0n Ler UnderSB lndlsd.lCrcdilSchem. r,0,t1,801.457 6869€6,536 L041,80L4t 686,186,536
0n L@n U.d.r SB Arrc ba*d lnd Crcdirs.n n. 2t6,402,31\ 196,359,129 2r6,802Jrr 196,359,129
rm,781,56.r ,ta,125,19,{
0n Houe BuildiuL6n (Covr Employees) 100,731,56/t 44,L25,191
0n Hous. Buildinr L@n {Publlc Unlve6lty& UCc) A/c 383,688 383,688
t,496,539,A47 2,404,259,454 1.1 .519.447 2,300,259,458
122,449,472 429,819,303 422,8,472 429,819,803
0n LGn axainst lmpon d M.rchandGe JLIU) 12,?t9,tao 16,969913 12,719,181) 16,968,9r3
0n L@n Aaainst Trust R.elpti (L lR) 3,302,753,302 2,577,05t,46A 3J02,751J02 2,577,051,,464
o, Fore L@n aaalnn 8.d( to Back !/c 380,50,1,9,11 269,150,653 3S,504,9.r 269,450,663
\3r7?7 t15,11r
on SnallBsilE Lo.i s.h.he 93,0,t2,656 93,042,6t6 10,1,355,66,1
On Sp.clal Small L@n ProsaD 158,1r5 749,3+5 a58,lr5 749,345
,t9,755.313 34,479,79t ,19,755,313 31,019,19t
0nSME Finane[Wc to lnd.Sery.T.ad.) 1,431,201,62A 1,434,706,061 1131,:01,628 1,,t34,706061
186,695,325 64,042,4t4 186,69t,r5 64,042,4t4
onT..o L@nto FE€don flrhtlr L294364,112 t,270,746006 129A304,t72 1,270,186,006
On forclm C!ftn.y Pl.em.nt AftNnt 26,934035 z,r,5l2,aar 26,93a,035 2t,512,881
on Podolio len to lnEsto6 163,065,364 42.022,466
8,1A9,216,280 6,7 t2,621,304 8,189,216,2& 67t2,624,5A5
onT.n L@nt! Banl.nd NBFI 1a1,9,14,445 r00,000,000 r00.000,000
0n S@.lalF,C T.rm L€n to Bansladesh Blhan 85&057,870 1,191,015,017 8s8,057,870 1,191,015,017
O. SD!o:.IT.c Tern [@n totonatlant fun Ld. 9,765,567 9,165,$r
0n lnrcstment (Plaenent of Best Hold,us Llnlt d) A/C 53.635,422 500,000,000 53,635,422 500,000,000
on SD.cial Len - lnt dn BearlnE Advane R.nt 8,890,509 6,940,630 0,390,500 6,9,10,630
On RuhlHdsln* Flm.e. Somli Ner A/C 10,s29,693 9,2t6,634 10,52i,603 9,2t6,6t1
92,566,671 138.063,827 E2,W,6n 138,063,827
on Lqn a*alnst 8.nt cu.Etrt c A/c 259,598 29,59€
On ToD axai.$ C*n lnentlv. 26181 26,181
0n w'C under SunulusPack x€ for lndusEt.s & Seryicet axaiE t CoVl D_19 1,04r,000,183 337,141,630 10a1,000.183 33Zrar,630
0n Ar.tolo&l L@n .'3hst Cone$lonal lnrlEst Rate a*aidst COVID_19 156452,802 797t9,963 156152,302 LA.7t9363
0n AIrIottuEl L@n atalh5t Sre.ial Stmutu! n.nnane Sch.me forC0VlD.19 52,180,041 a,s61,224 62130,0a1 8,56t,228
On MCD Llan Und.r8.8 RcvolvinqR€fln.ne Sch.me forCOVID-19 3,961,115 34,630 3,061,115 32t,630
On SME LGnUnd.r B.B R.volvla. Re-nBnct Sch.d. forCOV|D-19 311,858,714 36,729,713 311,364,714 36,729,?13
Or Sp..lal Tem L€o asalr* Worker's S.l.rv of EOI for COVID-I9 359,280 1,l{),825 359,280 l,l!,825
0n Lonx tem lcn.! alllmht otlnt E*(SECI)
o 569,170 569,t70
23,64A 4t2,AXa 2t,a5,z6t]1a 23,445,317 ,4& 21,603,23A,412

On Cash Cedlr c.n.El.Hylo 357,269,113 35?,269,713

0n c:sh Credit G.n.mlPl€drc 38,401,143 195,145,553 38,,O1,143 195,145,553
On Worklnr Capltal to I ndusrn.s -Hypo aa1,62g,2tg 923,401,305 887,628,218 923,{0r,305
0r world.s capual to hduroles -Pl.d8. 21,351,308 63,357,511 24.161;@ 63,357,S11
On Wo*im CaDiEl to A$o b@d lnd. -HyDo 502,216.434 526,008,149 s02216,834 526,008,1,19
0n Woikin8 Gpltll to AFo b.sd lnd. -Pl.dr. 22,t97,935 11,290,522 22.197,93s a4,290,522
0n Packlnq Cah CEdlt 30.851,971 30,435,803 30,8tr,97r 30,,t35,803
|,4o2,734,t16 2, It5

|,246,439,O2A 1, 702,O24 r,246,439,O2A 1,560,102,O2ll

Ellb orsoted & P!rct s.l ,10,007,995
on P.yDenl again5t D@E.nt(PAD) 69,077,480 69,077,+80
0. Lcn arJNt lnhnd Bllk 29,246,564 13,506,905 29.246,56,4 13,506,905
0n Forcl8r Bllh Purched/DdEent ry-D@n.!t ry tt,26L,263 tt,251,263 11,19J,3r7
t7

k,
):
\<
 2021 20zo 202r 2020
0n lslahlc BanllnS Wlndow 2).,41r,70r 22,434,604 21,071,,741 22,334,608
38,034,452 38,03,1,452 26,54?,724
19,7,l2,332 59,106,233 49,742,312
zt.oz lnt Edon h.Lnc.t ld-lrtotn rb.nbrdOE.ct l tDsdndoc
lnt Est on tund pl.en.iVFDR wltt OtlEr Bank z,2ta,l1a,at7 4,788,533,035 2.2r8.148.sr7 +.zst353rEi"l
lntlEst on STD *jtl OtlE. Aant ot SIL 4.,t05.903 | I
2,222,1t3,t61 1,792.934,993 z,2ta,t4o,Bt1 4,7aa,s33,0as
lsl.ml. BanklnSWIndow 8s4

21.03 lnt .sl lleltEd Foo foergE t nt

On Balane Hlld wltn FoEl8n B.nk Abrcsd t62,2Sl 162,251
O. foElgn Curcn.y A@nt 53,970,557 58,626,00a 53,970,557 53,626,003
54,132,a0A 54.626.004 54,132,a0A 53,626,008
27.o1 Oth.B lDt r6t lD@he
o. lnr.esr R..@.cd frod ht Brt Susp.E A/c 3,072,938.845 1,417,200,653 3,072,938,845 r.4t7,200,6s3
O. R€@rl.i lrcn Wdn n OF LeE 1,185,8S0.502 126,192,t95 1,185,350,502 526,392,195
0n lnt€rcsr ln6n. too SECI 1,t32rl,t 2,10r,727
0n MoEyatCall.nd Short Notie 308,809r,18 942,403,342 303,309,943 942,403,342
917
Oh lslaDi. B.nklng Utrdow 244,r4? 244,141
226,963
17t,tt7 796,75lJ 177,ttt
31.172.19e.O32 33,744,7A4-411 33.123.667 .S3t
22,00 lnteest pel.l on deposlts od Domyln8s etc
I.t rest on Deroslts 22.01 42,? 49,463,923 ,,0,582,658,785 42,749,A63,923 40,582,658,785
I.tEreston Borrowlnrs 22.02 509,23r,315 1,032,304,511 5365,{1,403 r,022,97 r,676
lnt rest on Forelxn Sanks Ac.ount 22.03
lnt r.st on otl.rs 22.O4 80,0,16,033 44,297,944 19,2),0,206 83,644,49t
558,395 686,546
lnt re3t 0n Son.lr Rank[UlO Ltd. 105,912,{89
lnr.renon D.podrand borrowh$ oflslanic Bahkh* Wlndow 746,114,126 19r,2?s,351 19r,215,337
lntEr€st on Deposlr.nd bonowiDr. of 0v.86 BEnches 25.329.225 26.056.605 25.329 225
43,697-065.916 41,917,359,74a {3,S37.OA9.1a3 41.906.506.91a
22.01 Irt Est Dnd or tr€Do.lrr
t?,776,233,425 t5,564,277 89r i,n6,733,525 15,s61,217,A9r
11,055,1363.17 t1,311 ,510,X32 11,055,!6J47 11,377,530,332
5.570,019,133 4,800,991,062 5,r/0,019, 13l ,r,800,991,062
D.pcit p€Nlon sch.ne 38t,899 2,176,5At 389,899 2,176,50t
Spe.ul depotlt& D.nlton schehe 1?,799 16,359 47,78 16,369
S B Employees Provldenttund 1,651,643,269 1,623,405,411 r,65t,@3,269 r,623,405,417
6n.541,74t 744,329,560
Edu cation DeDorlt rchem e 189,418,0rt4 220,903,054 189,41&Oa4 220,901,0s4
M.dl€re DeDosllSch.me 1,107,133,3a9 1,156,943,506 1,107,!3,3€ 1,168,9,13,506
37,9r6,,t65 51,266,854 37,9r6a55 5r,266,451
Monlhly Ea.ninrSch€h€ +101,752 61,336,166 4,L01,f52 6r,336,146
38,9a8,155 29,833,640 38,948,r55 29,833,6,{0
\t40,026,376 r,948,096,941 1,180,026,376 1,9,t8,096,941
29,244,534 t5,726,00r 29,744,534 15,726,001
301,153,332 21t,627,393 301,153,3!2 271,627,393
Shadhen Sanct.y Scheme ),9,750,707 9,809,661 D,7g,m7 9,809,861
Mlllionaire D.Dslt S.h.h€ 2,711,515,067 2,242,220,234 2,144,515,67 2,242,220,234
RetircmentS.vlmSch.he 2,0ss,445 2,12\,105 2,055,fi 2,121,t04
SB R.tiEment SavlB Scheme 147,360,140 t67,624,742 147J@,r{0 157,621,142
Non Resident oeposltScheme 502,075 210,217 502r75 210,2t7
Marrla4eSavimSchehe 210,@,7& 239811,595
40,582,658,785
22.02 lnt Fsl Fld on aomwlr€r
On Ba4lad.rh 8.nk Dcnand Lorn 2t,7t6,735 43,60t,296 2r,716,735 43,601,296
0n Sp.clal F,C R.p.y.bl. t! Baql.d.sh 8an* 511,017,0,r5 511,017,0{5 8,13,619,376
On Lory lem & ShortT€.n L@n ofSlL s2,689,9?2 9,412,835
3.607.623 135,751,004 3,00?,623 135,75r,004
s36,54r,403 L022,97L.616
22.03 lntlrest Etd on Forelo aekr Ac.oot
ForeiqB.nkA(ount

22.0,t lntlr.n Ddd or orheB

0n Moh€y atCalland ShonNode 341.222 317,222
On Subsidiary Company Provident Fund 835,877 653,453
lnteest lxpenss on Lease Liabillty a3alnst lFRS.16 43,135,374 42,566,6tr9 13,1X5,314 42,566,649
36,074,432 40,?30,6t1, 36,074,432 40,730,611
04,291,944 79,21O,2O6 43,64,t,491
23,00 ltrvlshl{ts In@@
t,645,201,707 3,A\0,-123,253 1,645,204,70? 3,010,723,253
0n Bahsl.d..h Bant Bllls 53,230000 53,236,000
0n Sp€cialTEa$ry Sond 1,7,709,649,711 30,8,t6,467,38,t t?,709,649,7It 30,846,467,384
0n R€v€ae ReDo 1,26A,759 r3€79,843 4,26A,759 13.879,843
0n Gain/fLos) 6f dkD@l otsorld.r s,037,695.272 4,037,695,272
0n DMd.od & OtlE.i 407,077,420 244,546966 373,647,941 271,27,1,400
On B.n*l.desh Gw.rnh.ntlnwsfi.nt Srkul (liaEh Sukut] as,611,9a7 15,61t517
0r D.benoE tP.tqr.l 372,343 ,12.r4a
On Gah onTadlm of ShaB/Stock 991,132,157 4g,21AA1S 776A5E,7Lt
On lslanic Banilnl Wlndow 4,363,217 4,363,217
on ore.seas B..nches t6,388,995 16,16?,t66
0n soMllBant (U(l Ltd. 99,303,474
34,692,731,379
24,00 Corhlslon,E.ban8. dBoker.a.
2401 12.a79,511,095 tt,716,160,626 12,161.520,107 11,501,717.,158
24.02 67S,868,104 67&85€,10,r
Commisslon& Erch.ns. nom lshmlc BanklnSwndow L21,907 28,1,008 127,901 28{,088
Commi$lon& Exchan8r Iron Overea Branches 112,1,56547 92,621,432 742,1,56,5r? ,2,62\432
Codf,l$ior& Erchane! fron Sotull San* (UE l,td.
r3,051,57t935 12,273,491,4a2
-,r.
N (h

.? t+ Bc
D h a ka
q
 202t 2020 2027 20zo
2,1.01
Comnl$lor A/C Cr. Adale
0n roEF. Bllls Purch.sed/Nesotjlt d 20,293,910 18,116,338 20,293J10 18,116,388
0n lnl.nd DD, MT,TT Isued/Can..lLd 48,161,613 89,970,288 4,161,611 89r70,288
0n l.l.nd DD Pur.h.ed 226.59+ 768,955 226,9a 768,955
0n 6ova Reciv.r & olsbuBBent 5,180.607,574 6,276.325,tt9 6,18,@7.r4 6,276,325,t19
75,314,862 ?6,242,627 75,3L,852 26,242,627
Or Pu rhas.d & Sal. ol S har.s /S.cu tl€s 3,372 132,580,S02 3,372 132,580.502
On lnl..d Bltl.&Ch.ou€ Coll.cdon 34,965,788 34r65,788 42,666,992
0n lnl.nd Bank6!.6nt!. tsu.d 10,799,906 11,415,73r 10,79,905 t7,475,131
294,203,5,16 229,2?8,943 294.703,546 229,274.943
1.230,086.095 1,005,760.385 1,23r,0a5,096 1,005.760,385
Or Lo.k€B Fer Prcntable MaEr.ment fees & Oth.r tes 53,51090+ 37,296,0\A 23,L6t,775 79,743,71?
on P.vn€.tof F@d Pl@rementBlll5 243,44?,6t4 245,?03.370 243,a47,618 245,703,X70
27,851,064 44,420.477 27,49,.W 49420,477
1,338,194 115,597,001 1.338,194 115,597,001
On Fororrn DD,MT,TT l$u€dGnelLd 2,152,641 2.290,44n 2,752,6L 2,290,,16
,1470 3.985
on Fonlar DD,MT.TT Pu..hedfi.coll.cdon 3,985
t,5?7,395,722 1,020,s,tl,561 r.r7)94.722 1,020,5,t1561
0n FoFlm Bills.trdch.oues collection L0.432,257 3,085,S77 r0,8322t 8,0s5,877
On ForelinBank Guar.ntEe lssued 40,362,551 77,309,011 40.362,s' 77,309,011
0rW.r. &rneB DeveloDm€nt Bond 11,996,205 21,538,763 11,995,205 21.5AA,163
0n NiD Vadfi€tion lesA/C 3,071,951 t,762.522 3,071,951 7.162,5',1,2
157,832.371 104.311,339 157,A32,311 104,311.339
on E{omh€e A.6unt 27,290,666 5.005,901 2?,290,666 5,005J01
0n M.lnte.ane f..! for DltreEntD.DGitA/C 322,776,410 826,947,746 s22.176,4$ 426,94?,116
11,,t{8 15,740 11,448 15,?10
4L4,460,703 43t,227,?59 4r4,460,703 43)-,227,749
0n Subsldlarv Coho.nv SECI 287,641,359 197,530,368
502,639390 502,639,390
353.788 353.r88
On Moblle FlnancialS.rvtes Llnt Aftount 2,005.911 2,005.911
733,953,843 733,953,343
1 7t 07
12..: conmtslo! Di B.Irnc
on D.bt R.md Ae.t
^/c
12,479,411,095 1t.716.760.626 t2.161,520,107 11,501.717,453
24 02

314,331,802 431,918,531 431,

C.h on F. Cu.€n.Y Thnsction
oaltr on F. CuftncY R.Eluauon 5,r98,281230 9,03a,031,2.16 5,98,285,210 9,03,1,034.2,16
4,274,877 8,026,183 8,274,871 8,026183
caln 0n foreigl Elll Purche/N.xotlat!d
59
t7 7S

Taect on 32,810,546 21s,o22,s33 32,810,546 2rt022,5X3

FoElgl Curcnc1.
5,532,239.262 3,579,33r,34 5,532,239,262 a,579,331,361
FoEro CurEnd R.valuatlon
334,1,t2,035 2A2.342,423 334,1{2,035 2A2352,A23

25.00 Olh.r ODcFdnr lnom.

18,196,733 18.196733
O. Cal. on DisDoel of flx.d As*B 2,980,1,16 2,980,116
On ProntofSonall lntEl€d Ltd, 10,522,r80 10,522,rS0
89,201 102,110 49,201 102,110
o n SoMll Investm..t Limited 2,ts,5s0
0n Son.li Erchrni. Co.,lnc 13,125.248 1,r47
0n So.ali Bznk{Un [rd a2,2A5,O77
200,000,000 450,000,000 200,000,000 450,000,000
0n i*urn hon Prdlslon for 8o.us 95,399,222
204,786,882 95,399,222 204,1A6,842

to,6t9,296825
Pay, Hou* Rent & Oth.. AI(Mie)
Sal.rt* ( Rslc 10,33a,355,209 10.619.296,825 10,334,355,209
cdnelbution to P.nsron&GEnlIta fund 2,300,492,115 1,,165,869,153 2,3@,@2,tLS 1.,165,869,153
12,472,$A 179,204,072 12172,@ L19,20a,072
Bank s .ontibudon t! ,rovideDt fund
144,992,040 ?24,271,869 743,992,840 ?24,274,869
1,126,259,556 1,t34.924,943 r,126,259,5s6 1,13d92d9,13
r12,064,4n2 t39,XL7,249 t42,064,52 139317,209
111,452,099 109,98r,537 1rr,462,099
Banrla lab.barsho Alloune 109,987,537
to.alt I nvesirent Lhit d 23,160,67t 18,382478
68,985,066 65,763,751
2at,606,s?2
48,199,5,t8
ts,116,a7 5,924 14,408,321,704 t1,a22,A23,616
27.00 R.r! t r lNEtre, Oedcaty, et4
458,813,14r
515,603,655 458,813,141 51s,603,655
28,360,598 36,462,t71 28,30,598 36462,t71
519,010,496 ,161,798,833 5r9,010,496 461,790,638
Poeer and El€ct Litv 156,381,983 113,811,567 156,184,963 tal4,567
sonall ltrvestn.nl llnlt?d 9,57L9a1 5.7+9,914
,16,075,585 4?,226464
Son.ll ExchanF Co, ln.
sonall Bank(ulo Ltd. 14.535,17,{
12,525,838 12,525,338
ov.E.s Ban.h.s 1.110.043.133
1.158.059,S70 1.231.aa5.570

17,559,973 !3,641914 11,45e,913 33,6,15,914

oth.r L.sal ErD.ns.s \,202,433 4t7,196 1,202,433

Son.ll l.ksEn.nt Llmlt d 31,626 43,000

Sonall Erhanre Co lnc 18,345,575 2,621,050
son.ll Bank (UK) Ltd. 111,8,t1,8,19
154,393 41,13? 154,898 41,132
Over*.sBF..h.s
.354 36,76A,592 14.917,30.1 31,1O4.542

29,00 PostrgE,SrabD.,Tel@mmutl6don
9,1,82,?72 6,242,15A 9,182,112 6,242,rSA
Coon F.es and St nDs 4,979,501 5,986.780 4S/9,$t 5,9€6,780
26,683,572 25,332,269 26,683,572 25,3X2,269
Sonall lnvessnent Llnlt d t?2,3t0 106875
Sonall Exchanq€ Co. lnc 4.814334 5,004684
SonallBank[UX] Ltd. 2,22t,349
3,589,153
Ovcr BBnch.! 3,589,1s3
17,673,595 41.150.365

(hair

Dhaka
'.vr'i
t;:ry
 2021 2020 2027 2020
30,00 hndtrg SEdone.y! AdvErUsu.tr! Eta
10,1,7,10,305 tt9,254,294 104,7{0,305 779,254,294
21,,618,934 13,9,11,157 21,618,934 13,941,1S7
,10,382,104 25,104,744 40,382,1(). 25,104,7aA
Sonall lnvesfi ent Llmited 209,975 153,3,13
SonaliEtchangeCo.ln. 8,3{1,050 5,702,559
sonaliBank (ux) Ltd. 206,922
oveBe.s B6nch€s 942,554 446,720 942,554
r76,441,444 161,957,421
31.00 Chl.t.r@dw .sLry od fet
Chl.f .x.dtive s sl.ry and f€es 4,400,000 4800,000 ,1,800,000 ,1,800,000
ChleI€r.odve s salary and fees oISECI 5,323,170 6,35&075
Chlel.reod!. s elary and fe€s of 0ve6.as Branches 4,254,t40 3,006,871 d254180 3,006.871
11,377,35O 9,054,140

'8arlcsalaryofli,lar.8jn8oire.t r: CEo TL 3,25,000 and Allo{anes TL 75,000 p.r monti.

32,00 DlBtorC t@s a Hono.lu.
DlE.toB' fe.s & llonoErlum 5,099,600 3,617,900 3,6r?,944
Sonall l.vestDent Llnu.d 380,000 244,000
Sonall Ercha.s. Co lnc {45,523 507,300
son.ll 8.!L (UKl Ltd. rs,439,627
21,464,135 4,369,200

'EachDlrectorlspaidTL8,OOOp€rheeunSperatt€ndan@ asp€.BangladeshBanLsIRPDClNl.rno.1ld.t d04october2015,

st tuto.y Auditf€€ 3,475,000 3,,150,000 3,,175,000 3,4S0,000

Sonali lnvesonent LlDlted 73,000 73,000
Sonall Exchahs. Co, lnc 2,036700 2,193,300
son.ll Eankfun Ld. 35.431,17,r
OveB.asBdnch€! 1,1,t1,980 1,141,980 831,195
42,201,454
D€Dn tedon .lR.D.lE.tB.rklasts
A) PEmt*s(I..ludlnct nd&B ldlnP)
51,259,079 44,842,400 44,561,3€3 44,842,400

4r,259,079 14.a42,400 4.1,561,383

68,785,783 69,638,703 68,307,839 69,371,642

88,191,548 82,209,333 85,8t3,303 42,209343
18+,107,755 195,759,498 183,339,290 195,,t28.,r15
t04,424 6E,t?t 108,124 60.171
lilotor Car & Otn€r Vehlcle a5,341P13 65,532,023 85,088,294 61,849,,151
s7a,?45 595,902 s70,745 595,902
421,120,229 123,265,697 4tz,szs,96x

c) Ovcrs6 Ban.hc.
lndiaOpeEdon
1,628,515 2,199,1aS 1,62S,61S
D) AhordEdon of lDt Dglhl. Aset
comput r So,twarc 1,19,159,053 146,003,740
PelimlDryErp.Es 17,9,11,057
167,100,111 rr4,229,609
E) D.DF.hdor on Rldrtofu*
D.pE.l.tlon on Rlght ot U* .8.1$t IFRS-16 137,795,555 139,544848 137,795,555 139,54.t,843
137,795,1S5 139,51t.1,444 7X7.79S,aSS 139,5i4,444
D.DEradon AdlusB!r..t of lFRs.16 12,670,623
Tobl(A+8+C+D+E) 772,232,966 721

R.p.lE to Ba.l . Asls s3,970,429 16,173,242 53,970,429 76,t71,2.12

Sln.ll lNErfn..t l,lhlt d 2903r1 401,,111
Ov.r*.r Bhn.h.s 175,133 191,661 r75,133
54,435,A79 54,145,462
a26,66A,A44 795,406,03S at2,67t,ta7
l4A0o D.pE lation dd ReFls.t B.nk'. Aets
A) P..bls flb.l!.llng L.tr.| & Erll.xd
44,561,383 1r,10?,744 44,561,383 tt,701,744
Bolldlng ConiEuctlon

68,307,839 59,638,703 68307,839 69,371,6+2

Electrrc lnstallauon 85,843,303 02,209,383 85,843,303 42,209,3e3
Computer Ha.dwarc 183,339,290 t95,759,490 183,339,290 195,428.,115

Typ. Writer l,t.chlE t04,124 68,171 l0&12,1 6€,171

Mobr c.r & o$€r v.hlcl€ 85,088,29,1 65,532,023 85,088,29,1 ,s49,451
578,145 595,902 5?O,145 595,902
423,265,897 4t3,4O3,679 423,265,O97 112,525,963
c) ov..s Dr.ct..
lndl.Op.6dor 1 15 r85 15 135
1,62a,615 I,l99,1AS 1,62a,615 2,199,1a5
D) Amodadon oaltrt trglbl. Asls
Cofrput'rSoftware 118,249,609 146003,740 11a,229,609
PEllmlBryExr.es t7,94t,041 17,91t,047

ror.r (A+B+clD)

Repak to Bank's As*Lt s3,970,42a 76,113,242 53,970,42A ?6,173,242

So.all l.re3ftent Llmlt d 250,31,7 401,411
RcpalE t! Bank s Astr olover.s BEnch€s 175,133 191,651 175,133 191.661
s,a7a 76,766,311 76,364,903
Deprlclatlon on Rlghtof Use.S.lnst IFRS-16 137,795,555 139,544,a4a 137,79S,555 r 39,5,!i,044

2,126

or-
15 +
=
c
 2027 2020 2021 2020

35,00
36,334,76a 25,93A,271 36,334,768 25,93A,277
Repahsto Rented Properry
2?,310,769 25,259,662 27,211.392 25,170,004
9A6,O27,152 902,820,906
2A,925,223 77,6?2,234 2A,925,223 2?,672,231
30,282,631 2A,653,329 2A,439,265 21,531,936
31,72?,40? 29,845,884 35,L21,447 29,845,884
53,524,444 52,988,206 54545,680 52,516314
4,3t7,690 3,046,340 3,045,340
512,AA2,A79 541,058,857 545,983,392 511,012,831
97,343,180 rot,927,74t 96,951,906 91,996,176

633,540,591 667,t42,062 632,8-10,591 660,5S5,582

20,000,000 20,000,000 20,000,000 20,000,000

5,103,000 6068,600 4,871,000
7,381,417 8,265,860 73A7,4t1 8,265,860
6,000,000 6,999,2?5 8,000,000 6,999,2?5
294,642 92,137 294,602 92,t37
s0,461,422 33,A21,,662 sa,467,a72 33,O2t,662
cohput€r H.rdMe R.paiB & M.intenance
310,996,370 3A4,875,370 26t,210,44r 3A4,257,5A4
Comput r Software Repairs& Maintenanc
zor,97?,630 85,670,325 20L,977,630 85,670,325
Rent otConne.tivity/Ccry/lnternet Etc
40,2?2,t74 27,IOA,A2B 39,736,902 21,t04,424
t,215,r77 1,348,362 Lzttrn t34A362
76,X73,24t 69,661,295 65,t92,220 65,387,250
26,400,035 15,609,955 17,986,000 15,609,955
13,625,000 34225,000 13,625,000 34,225,000
D€ath Reli€f Grant Scheme
21015,500 18,920,908 25,015,500 18,920,908
57,5t1,932 s7,5t?,932
G€neBtor Maintenane
10,897,570 3,164,800 10,397,570 3,164,800
NIDV€rificationChar8e
435,?1?,198 17,293,000 435,217,790 17,293,000
Loson dlsposalolSecurities t.010,680
45,356 4,010,680 45,356
Loss on Dispo$l o, Fixed Assets
41,173,004 37,A66,?32 41,173,A04 37,163,883
Children Eduetion Allowance
268,159,755 263,492,662 26A,t59,?55 263,492,662
Operation &Malnten.nce Coit of Exedtive Ca.Loan
9,843,550 9,843,550
Fees against Swlit, Bankers Alhanc erc.
4L,407,060 42,994,559 41,407,064
42,99A,539
7,256,322,65A 27\AO4,795 7,256,322,654
27t,004,795
Incentive tor CovlD'19
55,019,465 55,019,465
Exehption of sHBL of D€Gased EmPlov€€s
s29,244 442,597
Consult ntfees& Bank Charg€ ofSlL
lnv.stne Lrd 2,742,2A5
CDBLcharSe olSonali
7,431,745 669,895
50,242,827
Otherexpenrs otSB (Ulq l-td. 14,0?6,329
t4,2\2,474 t4,076,3?9 14,?t2,414
other expenses of overseas BEnches 4, 768,310,443
4,533,376,0a0 4,az\292,474 4,354,r50,197

36.00 Prorlslon for Loans ald AdE.c€3 4,818,078,543

6,422,37 4,4t0 d813,078,643 6,4ta,417,60?
Provlsion fo. Cla$i6ed Loans & Advan@s
(311,746,3401 7,101,250,494 [311,746,840) 7,107,250,494
Provisior for Unclassified Loans and Advanes 17,9 19,329,137
11,919,329,137
p.ovlsions to. loans & advances for 2021,
to Bank.s request *sBL/lo/cAD(oP)/Basl Iu/capital/3 85 d.tEd 26 April 2022 to B.ngladesh Bank r€gardi'8 maintenane of
diredives to the Bank to Eainta; Equir€d provislon a8rinst all un lassllied
Bank vid€ its [$.r no_ DOS(CaMS)7757/Ol(ll)'c/2022-2299 dared 2s Ap;ll2022 has 8iven ertain provlsion asal nst unclaslned and closified l@E & advances for whl'h
lo.ns&advanesason3l December202l.Aspersaiddirectlves, the B;nk has calolated the required
2,546.61 crore accordlnsly
Banknahtalned p.ovision amounting taka 7,567 77 c'or€ bv relkhlngdefe'ral ortak3
37.00 PNvlslon fo. dtblnudot ln Elue of ltrvesl'nent
Dealing *srides
Quoled

IrYestm.nt s.urities (9t1 ,054,?41) (598,674,441) (9t1 ,044,?0?)

(598,674,4411
(34,186,02E 32,837,94O (34,186,02Q) 32,837,900

38.00 4,053,421,672 2,464,904,734

4,053,427,612
Provision for other Asts r50,279,135 348,160,860 150,279,135
348,160,850
Provision ior OftBalance Sheet Exposure 2,500,000,000 2,500,000,000 2,500,000,000
2,500,000,000
P.ovision for Bonus/Ex-sratia (1,089,987,0481
(1,089,937,0481
Provirl6n forOtn.rs whi.h no more requi.ed (9,662,5001
(9,662,500)
Pr.vision lor NOsTRO AIC whlch no more required (350,454
{3s0,4521
Provision tor Rebat4 A/c olNBFls which no morc required 2,6A5
2,645
Proviston for l-rnre.o.ciled Entries oINOSTRo A/C 303,600,000
303,600,000
Provislon ior livestmert of Orion lnfrastrudure Ltd' 484254,050
484,254,058
Provision tor other B.nks and NBFIs 2,150,000,000
Provision tor Rranch Adjusthent of ll nreconciled Entrles 300,000,000
300,000,000
Provislon for lute Secto.R€tom Project 1,000,000,000
1,000,000,000
Provision tor sanchaypatra Encshmem Acrcunt 32,700,000 32,700,000
Provl!ion for S(2rr-UP rund 1,782,000 r,1a2,o00
5,000,000 3,500,000
Provision for ln@ntlve Bonusolsonall Investhent Ltd' 73
reqJl*d
vid. no_ DoS(CAMS)11 57l1\t ).C/2022 229e dated 2a Aprl Z0l2 to mJrntarn provNion
to Bank cquesr dated 26 April2022 Banela.lesh B.nk allowed deferral!hrouSh th. Bcnk ha< marnbined
ns! OdrerAsses, Ealance ivith Banaladesh 0ai k& llalan.e
wilh other Bank and NBFIs forthevear ended :11 De.chber 2Ol '. AccordrnElv
1,950 4l crore by.ellshinadefetral oibka 1,635.04 crore
circular no 01, date 03lanuary
38b As per ERPD circular no. 14, drte 23 Sep 2012,1% p
r.v rion shorld bc maintaincd asainstoff b3l,nce sheet itemsexcept rhe criteria mention in the BRPD to maintain
Bankallo*ed forbearance through vld€ no_ BRPD lp-t)/ 667 / t3)/201 7-7360 dated 27 November2017
20i8. in response ro BankaPpealdated 27 Novembe r 2017, Bansladesh

requked provitLon aBaihst L/C ofRuppur Nuclear Power planr Bank has conplied lhataeordinglv (t a
alt

I t
*
(')
g
 2021 zo2o ?,o21 20?o
39,00 Ce$ t c.lved 6'0B oln.. OD.FdDa^ctivld.t
other0p.ratinSlncome 492,531,100 55 436,575,195 550,347 1l
492,531,100 550,452,044 436,575,195 5S0,347,,111
,{000 C8h pdd tor Oth.r OD.Edrg ltcilvld€s
5,603,6551 [515,603,555] [,t58.818,1{l)
{28.360,598) (36,t62,1711 (28360,5981 [35,/162,171)
f519,010,,{96) (461,798,838) (519,010,496) [,161,798,838)
(156.384983) {143,814,5671 fr56,3S4,983) [143,81,1,567]
(9,189,a671
R.nt Taxer lNu.ane of orerse* Bmnches {12,525,838) [9,189,,i67] n2,525,838)
t36768.592) (34,r0a,5,121
0/t9,139,35,t) [18,917,30,1)
t9,182,7121 t62,12.1581 rJta2,7t2l (6,212,158)
td979,5011 (5,986780] td979,5011 {sr86,780)
126,6A3,572) t21332,269) (26,6A3,5721 125,332,269\
Postase, Stamp, T.lephon€ ofoveess BEnch.s (677?,8101 (3,589,158) (6,777,410) [3,589,158)
(12,207,4541 15.552.,r95) (4,616,980) [d281,195)
St tuto.y AuditoE F.€5
Fe.s P.ld forAtt ndlrr 8d.d MEtlnt (2t,464,?55t (a,369,200) (5,099,600) [3,617,900]
(53,970,,t29) t76,173,212) t53Jrq.29) (76,173,2121
R€lalB to B.nk's ProErtY
ReDatB to Bank'r ProD.rtl of ov.F..s BEnchB Ir75,133) (191,661t t17t1331 [191,661]
R€!ah5 to Rentld prcDerty {36,334,76A) 125,938,277 \ [36,334,768] {25,930,2171
1957,700,499) 1906,027.752\ (952,923,699) {902,820,906)
Motor C.r Runnl.r.nd Ma,ntEnane [59,207,855) t56.32s,5531 t,t9,36,r,4SAl l+9,201,r70)
oD.Eti.n & MalntlMne Cct of Et ddv. Czr L@u [268,159.7551 1263,492,662) [268,159,755) [263,492,662\
t55,524,8,t41 (52,98&206) {5,r,5a5,680) [52,5r6,814]
(538,316,1981 {541.058,857) {545,963,392) (511,012,0311
(97,343,1801 {\01,927,707) {96J51,906) [97,996,116]
(42,998,559) ({1,402058) J{2J9&S59) 14L4o7,o68l
(20.000,000) 120,000,0001 [20,000,0001 (20,000.0001
(7,376,716) 15,103.0001 t6068,6001 (a,371,000)
(66r,112,462) [632,8110,591] (660,585,532)
[633,510,591]
l7 3Al,4l7l 18,255,860) (7,381,4171 {8,265,860)
(8,000,0001 (6,999,275) t&000.0001 {6,999,275)
(294,602) (e2,t31) (291,6021 (92.137)
(33.021,562) (50,t47,4221 (33,02t,662\
CohDut .Hardur. R.prB& Mal.t oae (50,4n7,A221
(261,230,11r',1 (384,257,5601
cosDlt r softweE R.pat6 & l,l.lnt Ene Gr0J96,870) {38a.875.3701
(85,670,3251
Renl of conn.cdvlry/CcN t201971 ,630) t85,67032s1 1201917.630)
t40,17Z,l7Al [27,108,8281 (39,136,902) (27,108,8281
(10,897,5701 t3,16{,8001 n0,897,S70) (3,161,800]
NIDVe.lfiation Ch.rre
(,135.217,1981 t17,293,000] [435,217,1t8] (t7,293,0001
Lo$ o okD@! of S.onrjes (d010,680)
(a,010,680) ({5.3s61
Los o DlsD@l of fu.d Asts l{s3561
ar 2r5.t771 o,3{8,362) (t,215,1771 11,34&3621
{69,661,2951 16s,t92,220\ (65,387,250)
{76,313,2811
{15,609,9561 t17,986,000) (15609,9551
{26,400,035)
[l,317,690) [3,0r63't0] {a,317,690) [3,0t6i'r0]
[3t,225.000] [13,62S,000] (31,225,000)
Oeith R€llef CEnl S.h.he 113,525,0001
(50,000,0001 (50,000,000) {50,000,000)
R.*ry. for CSR Erendidrc 150,000.0001
TEnsr.r b shaE Morcv &Vault (106,642,3331 (15.000,000) [15,000,000)
(9,843,5501 {9,9463991 (9,843,550) (9,916,399)
fe.s arainst Swlft, Bant.BalDarlc erc.
Cen.ator Malnlenane {51,1t1 ,912) 160,964,949) [57,517,9321
(27 t,AO4,795) r1,255,322,6581 1277,AO1,794) (1,256,322,6581
(11.212,474) (11,O16,329) (r1,2t2,4? 1l {14,076,329)
otn.r Erp.n*s of 0v.Mas Bhnch.s (t5,019,,1651
Er.mrtlo. of SHBL of D.eed Ehrlovees [5s,019,{55]
(3,t,566,681)
13d566,6811
(33,r27,50?) l3s,r2? ,a071
(9,571,9811 (5.749,91B1
[.ntT dei ln$raneof SIL
(,15,075,5851
R.nr Td.i lr$dn@otSEC| {42.226,154)
(106.8751
Postrre, StamD, T.l.rhom of SIl, I172,310)
Posur., StamD, T.t.Dnon. of SECI Ia,81,t,33al I5,00{,684)
(290,3171 {401,,111)
R.D.IBto Ban* s P.oo.rw ofSlL
tr,437,?OSl {869,895)
(653,0561 t56,453)
Clrrond ConveBlon dlfleEret
coelt nt fq & 8.nk chari! of 5l L 1529.244) 1142,597)
coBL Charee oI SoEll ln*st,t..l Ltd.
I5.991,a11,4921
[6,103,234,240) ts,777 ,5A4,7921
41.00 Incr€.le / tD.@.s.) olottcr Art ts
(9a8,a551 955
(35,r96,0261 (99,291 ,t4A) (35,116,0261 t99,291 ,t40)
lnEsin.nt in SB-U( Llmit d
seNrrty D.p6lt wltn c.nthl Bank of,ndla 174,28t) 111,24t)
93,524 93,528 (17,1,1971
n7t,1971
(1d157,886) 18.391,737\ oa.15r,885) (&391,73?)
20,797,424 (34,859,155) 20,797,824 {34,859,155)
1X,82t,494,9?7 t10,923,937,0561 $,42t,494,97 L (10,923,937,056]
(t3,77t,5421 5,014,12L,224 [t3,171,5421 5,044t21,224
2,197,242 (s25,t27) 2,a9\2A2 (s25,r27)
{67,960,1051 950,771,276 [67,960,10S]
EmDloye Denrlon tund lnv.sthenr
3,676,259,494 3,500,000,000 3,676,259,491 3,500,000,000
E.rploy.e PDCRB tund investD€nt
SBL tmDloyes B.n.vol€nt tund lnrestment 1ra9,525,776) 1759,525,776)
1,975,127 9,645,4a9 4.975,12? 9,6,t5,889
D.m:nd DEii Pald ln Ex-Advl.e
6@L D.Dand 08ft P.ld in Er,Advl.! 150,988 20,582 l5or88 20,582
4,526,250 (853,500) 1,526,250 (353.6001
6,755,855 [85,202,601) 8,755,35S
Adlu!n.x Acount D.bh Bal.ne {85,202,604)
(t,376,957,62r) 175,953.394 (t,376957,62t) 175,953,394
Was. ErneE' Bond Eneshm.nt A/C
11,233,921 (30,139,3441 4t,233524 [80,139,3tI)
senl€n.nt Acmunt f lslanic)
2,t0,€45.473 305,113,432
D.m.nd DBfts p{rchEd u0,a4s,173 385,743,,132
96,591.833
2r5,762,426 95.59,t 833 2t5,762,426
PeBlon Blll Prrh.$d(Amy)
132,559,794 1,037.739,800 r32,553,79r
P.nsron Bln Purched(Crvil) (2,093,651,815)
1,066962,743 (2,093,651,8151 1,066962,783
SanchayDatE Eneshn.ntAc.dnt 3,667,193
2,A01.9r0 3,667,193 2,407310
PrdhlFry Erpen$!- RecrulhenrA/C
HR
(321,5t0,1281 (321.590,128)
272,t51,971 2?2.151977
ATM S.ttt.ment Ac@rt Deblt EaLna
t1n,w,?73 t10,717,113 [155,979,072)
SECI S.ttl.ment A.c@.t oebit B.Lne [155,979,072)
(13,,r30,S131
(1,57,337,243) (13,,r30,313) (151,337,2431
Clearlm S.tti.m. A@nr D.blt Biane
355,375,508 (2,,ttt.z+0,300) 355,375,508
c.d Tane.do. s.ttLment Account D€bit Balan.e (2,4,t4,240,3OO)
(1,379,985,8631
2,004,349,367 [1,379,985,8631 2,004,319.167
Arny Penslon BrllPu.chasedA/C New
Ex.h. nre R t Fluctuatunof Biman Loan [3,011,915) t41l [3,011,9r5) t41l
Re.e lvabl€ -
Mobll. fiendalS.Nies Lhk S.ttl.ment A.count 0.blrB.hne (\244,672) (3,3011 11,214,672) [3,301]
3,410,207,140 3,470,201,t10 (3,171,349,961)
Non',nErcst B.anns Elck€d Acoutrt forC0Vl0_lt [3,,r71,349,961)
(525,362,3661 [3,5,12,199,340) (525,862,3681 [3,542,199,3,r0)
R.elv.ble frcD Oovt Und€r Savlnts C€rt Istue.l to WorkeB of EJMC
(32,416,532) (162,922.575) (32,{15.5321 1162922,575)
CurE.t As*ts ofOwBeas 8..nch.s
39,363,678 (118,113,687) 39,368,678 [118,113,687)
Cur.nt Aset! ol kl.m,c BanklnB WIndow (28.96o,roo)
PLeneot With Soll.lt uonAcount 120,960,700)
11,641,233
ll,6{1,283
(19,63S,3551
cu.itAs*tsorSB(UnLtd. 3,305,213,715
(36,197,670) [105,611,320]
124,163 l
( 1aN
.?
Dhat a
.l
 2021 2020 z02t 20zo
lndB' / (Ir.@) oioiier u.blld.t
Closl.g odld llbultl.c
PNklo. tor Ch$lfled Lo.ns (57t,032,367) ll21 ,so19a1) [5?r,032,367) lt27,50+,947')
5.300,093.t26 5,425,915,340 s.2g7.aza.?al 6,'t2tj88,rrl
soMll ,.rt EmpLyces' P.Blot tund {1,161,138.80,1) (38,390,119) (1,161,130,804) (38,390,119)
soml E. Emplqe!' PDCRB turd t3.31{,18,1,962) (3,719,953,112) [3,31a,10,r,962) (3,749153,112)
Llablllty for employes b...nt (Benevohnr Fund) 163,387,117 7A3A1,r),7
1,086,09d368 1,096,677,997 1,085,094368 t,096,617,997
(2,510,S77,958) (2,1 17,0,18350) (2,510,877,953) Q,rra,9t7,12g)
R.fimne tu.d fo. I'llll Prod&t dd Ardici.l le. S.h.n..RcD (7S,155,000) (8a,547,s00) (75.155,000) (84,6{7.500)

slElg.nl lntesr.t d Runl D.@lopmrt Fund 6t6,723 616.123 616,723 616.123

Forclf, h correrpondent Ch.racs 111,024 o,190,089) 111,324 o,190,089)
Interest E.artnS FC Repayabl. to B.nSlad.sh Bank 1,,r32,9r0,108 (3,781,65S,795) 7,432,9t0,r54 (3,781,658,795)
11r,739 (r,731,537) ,r11,739 (1,731,537)

lncone R.eiable ln A&.re 3S,369 (22,4rs) 35,369 (22,1t4)

RB R€frEna s.hene lorSMlofTk ro (744.750) 7,t{,750 (744,7s0) 74,750
30908 30,908 (2,X13,737\
Enploy.r Td D.dr.ted at Sou@ fiom 5.1ary 12,3?3,73?)
E'Chall.n Slttlehent Afto!.t CBdlt B.lane 253,698,001 2,534,998 253,698,001 2,531,994

ATM S.nLhertA.@nt Credlt BaL.e 1s0,255,367) 11,989,231 (50,255,3671 1lJ89,231

CEann8 &ttl.hent A.ount Credt EaLne 3,035,,156 23,411,541 3,035,456 23,,tt1,5at
Balane 10,29,{,630,551 (17,643,080,091)
Govt TEnscdon Setd€me.tA@utrtCtudlt 10,294,630,551 o7,613,080,0921
(2,222,190,212) o 1,1 728,3 79) (2,222,tAO,2r2) (rt4,120,3191
SanchayFt a s.les Aftount
(1,000) 13,052 (1,000) 13,052
UCD l,@ S.ttl€nent As@!t CEdit Balane
lmpEn A/c-R.el!!d fron 8.8 ainsr w.ER Ac@unt 79,163,705 (+40,339,64!l 79,763,705 {r,o339,6a{)
Ft'l S.ttl.m.nt A@nt CErtlt Balane 3,114,226,131 r,773,854,920 3,418,226,137 t,773,A51,920
(139,438) (14,!6&831) (139,438) (14168,831)
Asian Cl.arlnr Unlon (VOSTRo)
2,705,750 116000 2,705,750 116,000
IEvelT.rOhnn.Tonecdon (l-0) Aaount
140150 5,r9,750 1,t0.250
TEv.lT c.ntr.l R..@.ry A@unt 549,750
181,200 3,17300 l81,2oO 347,300
E-Pa$pon GnErl R.c@.ry A@unt
M6blh Flmncl.l S.rvle3 Llnk Setd.nenl A/C Crcdlt B.l..e 2,983,319 2,983.319
(s4,393,917) 209,805,286
Rep.y.bt. t 8,8 aealBt Stlnubs Futd R.etved fo. Wo.t.r't C0VID'19 (54393,9{7) 209,805,286
(888,000.059) 888,216631 (888,000,059) 389216,531
rnt r6t sspeM A@'rnt for c0vlD-19
Repay.bL to B.B fd fu.d R.elvld U nd.rA8rl. L@n a3.lct COVID_19 1,841,,10+,,100 222917,000 1,Sl1,a!4,a00 222,9a7,000
51.788,t96 1,1s6,709,227 51,788,,t96 L156,709,227
other Ll.hllldes of OwR..s Bmnch.s
(49,103,95r) 139,19\422 (49,108,96r) 739,191,422
0rtur uabilides of tsl.EIc &nklng wlndow
9,537,957 404,932,399 9,537,957 ,t0{,932,399
L€& LI.bllity.Salost IFRS-16
16,05d120 16,05,t,120
Loar lrom lDACrcditNo,765 80,
R.par.bl. b 3.8 fo. Fund fie,wd Und.r R.tdvltr3 Renn.nc S.hd. for covlo- 19 117,000,001 117,000,001
n.p!y.bl. b 8oftrc. ti. l.r!d Sub6ldy Fund Ralv.d from BB tgaiElCOVlD'19 9d562,650 9a,562,650

Inr.r.st 8€arlq (Pay.. PortAuthorlty)Repayabl. to

F.c B B 2,594,199,333 2,594,t99,333

BB Rllln.re schen. (200 croE) rorlut s.ctor 29,990.000 29,990,000

B.nk PoS *tiLbenr.c@nt cdlt BaLne 101,300 10t,300

sPc s.ELm..t a@!nt cFdlt Ealan<i t2,797,331 12,197,334
3+,566,681 3a,566561
ExpeMr P3yable rorslL ClEnrsale & othe.t 32l,ta? 19,742,736

oti.E ll.blllu.s of $brld,..y Company Sll o01,534sro) 94,172,640

O$€B ll.blud.sof $bsldlaryCompany SECI o74,528,125) 61,825,803

OtteB llabuiu€sof $bsidlaryComPany SB(UX) Ltd- r02,99!,731

(7,183) (1371
Securlty oepclrofSECI
Po.tlollo MarSin D.poslt ConEol 10,969,403 20,80d175
&259,586 18,,110,715
R.nut r@ Payable to B.Eficlary

13.00 carh .nd 6.h .qllEl.nts

7,725,a20,57X ?,300875,335
Cash ln h..d (lnchdln8 toElSr ercncr) 1 ,A56,53? ,591 1 ,424,996,977
69,801,130,063 a3,a0r,297,341 69,801,130,063 83,401,297,347
Ealane wlth Bangl.desh 8.nk
,,261,O59,326 9,03r,300,000 8,663,000,000 9031,300,000
Mon.y at..llonshonnotie
38,509,,r02,078 52,574,309,500 38,055,200,913 5230a,808,619
B:1,... h.ld wlt]) otlt.r b.nh
86,056900 76,298,700 85,056,900 76"29A,700
Pnre bonds h hand
1AS,959 152, 2,202A5A 121,3

r,t.oo Earl.lE IEr slaE (lls)

3,805,95S,276 3320,A34.677 3,,r56,668,149 3,234,319,112
Net p.o,lt afte. tar
,153,000,000 453,000000 ,{53,000,000 453,000,000
Nu6ber of ordld.y shar.s outstandhS
7.33
E3mlnrs eer rhare (EPs)

a4,or weblt d .Er.€E dmb.i of ordlBry ttares outtL.dltrg

,t53,000,000 ,r53,000,000 ,{53,000,000
453.OOO,()OO ordhary th.Es outsfindlng fo.365 d.vi (2020) 453,000,000
453,000,000 .r53,000,000 453,000,000 453,000,000

(,( hal
,
Dhaka €
a
45.00 AuditCommlttee
Audit Committee of Sonali Bank Limited has been constituted by the Board of Directors as per BRPD Circular No. 12 dated 23 December
2002 comprising tIe following members:

sl. Status in the Status with the

Name Educational qualifi cation
No. Bank committee
B.Com (Honours) ,M.com
1 Mr. A.K.M. Kamrul Islam FCA, FCS Director Chairman (Accountind, FCA, FCs

2 Mr. Ishtiaque Ahmed Chowdhury Director Member MA (Political science), LL.B

Ph.D [Economics),
3 Dr, Doulatunnaher Khanam Director Member
M.S.C(Economics)

Ph.D(Ihe Flinders
Professor Dr. Mohammad Kaykobad Direclor l',lember
University of South Australia)

DuUes and Responsibiliues ofthe Audit Committeer

i) To Evaluate intemal contlol and compliance, risk management, computerization and system of MIS offie bank
ii) To review annual financial statements of the bank and exchange views with extemal auditoas and Bank management in the regard.

iii) To consider if tle recommendations made by internal & Extemal Alditors are in order to develop intemal conEol strategy by the
Bank ManagemenL
iv)To review as to whether the rules and regulation made byconEollinB autiorities like Bangladesh Bankand other re8ulatory bodies are
duly followed.
v) To appraise tle Bank's Board of Directors regarding Lapses and errors/ Frauds & For8eries/ other irregularities detected by intemal
auditors;extemal auditors & Bangladesh Bank inspection team and correcdve measures taken for tle purpose ofefrective control

Durin8 tle year 2021 the Audit Committee has conducted 11 (eleven) meetings in whicl! among othert the following issues were
discussed:
i) Comprehensive inspectlon reports ofBangladesh Bank including status ofCompliance thereol
ii) Inspection reports of branches/Head Omce conducted by Bank's intemal inspection team'
iiiJ Financial Statements of the Bank.
iv) Halfyearly accounts of2021ofthe Bank.
v) Status ofcompliance ofditrerentrules and regulauons.

Annual Financial Statements have been Dlscussed with the ExEmal Auditors in tle Audit Committee Meeting held on 28 April 2022.

46.00 Related Party Dlsclosures

Name of th€
firms/Companies ln
which lnterested as
sL. Status with the
Name proprletor, parfirer, Position No. of Shares
No Bank director, managing
agenl guamntor,
employ€eetc.

1 Mr. Ziaul Hasan Siddiqui Chairman Nil Nil Nil

Director IRetired Nil NiI

2 Mr. Md. Fazlul Haque Nil
on 03.06.20211

Mashnoons Limited Chairman 50%o

lslam Aftab Karmrul

3 Mr- A K M. Kamrul Islam FCA, FCS Director
& Co,
Parmer
chartered
Accountants

4 Mr. lshtiaque Ahmed Chowdhury Director Nil Nil Nit

5 Dr. Doulatunnaher Khanam Director Nrl NiI Nil

6 Mr. Md. Mofazzal Husain Director Nil Nil Nil

1 M.. Molla Abdul wadud Direcror Nil Nil Nil

B Pro[ Dr. Mohammad Kyakobad Direclor Nil Nil Nil

Director ooined Nil Nil

9 Mr. A.B.M Ruhul Azad Nil
on 15.06.2021)

10
it ffi*r.oon"n CEo & Managing
Director
NiI Nil

19 il
47.00 Related party/(ies) transaction
The bank generally carried out transactions in the ordinary course ofits business at arm's length at commercial rate as per agreements
with ditrerent related pafties. The bank also renders services to the Govemment in various forms, which are not quantified. However, as
of the dat€ of the financial statements the Bank had no transacuons with the Director of the Bank as a related party Dudng the year, tie
bank had some quantified transactions with the Covemment (Sponsor/Share holder) as defined on BRPD Circllar no14 issued by tie
Bangladesh Bankon 25 March 2003 are listed belowl

TraIlsactton
Status with the Outstanding
Name ofthe Related Party Related by Remarks
Related Party Balance
(Crore)
Concemed
Sponsor/Share Pension
Government [Note-9.8.) Department of the 327.05
holder bills[Army)
Govemment
Concemed
sponsor/Share Pension bills
Govemment (Note: 9.8) Department of the 1,008.57
holder Army (NewJ
Govemment
concemed
Sponsor/Share Pension
Government [Note: 9.8) Departnentofthe L1.22
biUs(CivilJ
holder
Govemment
Concerned
Sponsor/Share PSB/BSP
Department of the 904.33
Jatio Shanchaya Bureau (Note"9.B) holder Encashment

Concerned
Sponsor/Share Non Funded Loan
Bangladesh Power Development Board (BPDB) Department of the 5,634.51
holder
Govemment
concemed
Sponsor/Share 739.08 Non Funded Loan
Bangladesh Peroleum Corporation (BPC) DeparEnentoftle
holder
Govemment
Concerned
Sponsor/Share Funded & Non
Bangladesh Agricultural Development Corp.[BADC] Departrnent of the 6,602.97
holder Funded Loan
Govemment
Concemed
Sponsor/Share Funded &Non
BanBladesh Sugar & Food Ind. Corp(BSFIC) Department of tre 4,726.46
holder Funded Loan
Government
Concemed
Sponsor/share Funded &Non
Bangladesh steel & EngS.Corp. (BSEC) Department of the 29.7 5
holder Funded Loan
Govemment
CoIrcemed
Sponsor/Share Funded &Non
Directorate Generalof Food [DCF) Departrnent of the 2340.77
holder Funded Loan
Govemment
Concemed
Sponsor/Share 157.00 Non Funded Loan
Bangladesh Air Force (Notq 7.07) Departrnentoftle
holder
Govemment
Concemed
Sponsor/Share 422.95 Non Funded Loan
Bangladesh Naly (Note: 7.07) Departmentoftle
holder
Govemment
Concemed
Sponsor/Share
Rapid Action Battelion (RAB) Departrnent oftle 3 3.55 Non Funded Loan
holder
Government
Concerned
Sponsor/Share Non Funded Loan
Bangladesh CoastG!ard (Note: 7.07) Department of the 394.80
holder
Government
concemed Funded & Non
Sponsor/Share 4,403.11
Bangladesh Chemical lndustries Croporation (BCIC) Department of the Funded Loan
holder
Govemment
Concerned
Sponsor/share 1,682.45 Non Funded Loan
Bangladesh Railway Department of the
holder
Government
concerned Funded & Non
Sponsor/Share
Bangladesh water Development Board (BwDB) Deparfient of the 566.60
Funded Loan
holder
Govemment
Concemed
Sponsor/Share 97.00 Non Funded Loan
Bangladesh Rural Electrification Board (BREB) Departmentoftle
holder
Government
Concemed
Sponsor/share 131.17 Non Funded Loan
B-R Powergen Limited (Note: 7.07) Departmentoftie
holder
Govemment
Concerned
sponsor/share 15.00 Non Funded Loan
Department ofGas Transndssion Company Limited (CTCL) Department of the
holder
Government
K

lrk
l) r,lk,l
I 80 li
 Transadion
Status with the
Name ofthe Related Party Related by Outstanding Remarkj
Related Party
Balance
Concerned
Sponsor/Share
Deparment ofFire Service & Civil Defense Department ofthe 3.51 Non Funded Loan
holder
Govemment
Concemed
Sponsor/Share
Bangladesh Textile Mills Corporation (BTMC) Department of tle 15.10 Funded Loan
holder
Government
Concemed
Sponsor/Share
Bangladesh Betar Departmeot ofthe 0.40 Non Funded Loan
holder
Govemment
Concemed
Sponsor/Share
National Board ofRevenue (NBR) Departnentoftle 76.09 Non Funded Loan
holder
Govemment
Concemed
Bangladesh PeEoleum Exploration & Production Co Sponsor/share Non Funded Loan
Department ofthe 624.20
Ltd,(BAPLD holder
Government
Concerned
Sponsor/share Non Funded Loan
Eastern Refinery Limited Departrnent ofdle 325.57
holder
Govemment
Concemed
Sponsor/Share Funded & Non
Trading Corporahon of BangladeshCICB) Departmentoftle 1,686.77
holder Funded loan
Government
Concerned
sponsor/share 15.33 Non Funded Loan
Dhaka wasa Departmentofthe
holder
Govemment
Concerned
Sponsor/Share Non Funded Loan
Civil Aviation Authority Department of the 4?7.64
holder
Government
Concemed
Sponsor/Share Non Funded Loan
Chittagong Port Authorily DeparEnent of the 480.63
holder
Govemment
Concemed
Sponsor/Share 7.34 Non Funded Loan
Bangladesh standard Conlrol &Testing Institute IBSTI) Departmentofthe
holder
Govemment
Concemed
Sponsor/Share
Dhaka University Deparmrent oftle 57.23 Funded Loan
holder
Covernment
Concerned
Sponsor/Share 27.96 Non Funded Loan
Essential Drug Co. Ltd. Department ofthe
holder
Government
Concerned
sponsor/Share 18.92 Non Funded Loan
MilkVita Department ofthe
holder
Government
Concerned
Sponsor/Share 30.19 Non Funded Loan
Bangladesh Bank Departmentoftle
holder
Government
Concemed
Sponsor/Share 23.42 Non Funded Loan
Bangladesh Telecommunication Co.Ltd (BTCLI Department of tlte
holder
Govemment

Concemed
Sponsor/Share 0.94 Non Funded Loan
Bangladesh Settelite Co.Ltd. Departmentoftle
holder
Government

Concemed
Sponsor/Share 0.24 Non Funded Loan
Ministry of lnformahon & Communication Department of the
holder
Govemment

Concemed
Sponsor/Share 25.51 Non Fudded Loan
Bangladesh Municrpal water Department of the
holder
Govemment

Concemed
Sponsor/Share 4.61 Non Funded Loan
Ministry ofHealth Departmentoft}le
holder
Covemment

Concemed
Sponsor/Share Non Funded Loan
Metrological Department Department ofthe 1.79
holder
Covernment

^r.
o.Fl h
Dha k a

8l
 TransacUon
Status with the Outstanding
Name of the Related Party Related by Remarks
Related Party Balrnce
(C.ore)

concemed
Sponsor/share Non Funded Loan
Family Planning Department of the 3.54
holder
Government

Concemed
sponsor/Share 20.62 Non Funded Loan
Livestockand Daily DevolopmentProiect ILDDP) Departnent ofthe
holder
Government

Concemed
Sponsor/Share
National lnst 0fCaner Hospital D€partrnent ofthe 7.82 Non Funded Loan
holder
Govemment

concemed
Sponsor/Share
LGED Department oftie 2BA Non Funded Loan
holder
Govemment

Concerned
sponsor/share Non Funded Loan
Bangladesh lnland water Transport Corporation (BIWTC) Departmentofthe 607.77
holder
Govemment

Concerned
Sponsor/Share
NCTB Departrnentofthe l.7z Non Funded Loan
holder
Govemment

Concemed
Sponsor/Share 566.70 Non Funded Loan
Department of Immigration and Passport DeparEnentoftle
holder
Govemment

Concemed
Sponsor/Share 9.9? Non Funded Loan
Bangladesh Cable shilpa Ltd Departmentofthe
holder
Government
concemed
Sponsor/Share
Sahid Monsur Ali Medical College Departsnent oftie 5.98 Non Funded Loan
holder
Govemment
Concerned
Sponsor/Share Non Funded Loan
Bangladesh Police Department ofthe 159.19
holder
Govemmenr
Concemed
Sponsor/Share 38.45 Non Funded Loan
Central Medical storage DEPo (CMSD) DeparEnent ofthe
holder
Government
Concemed
Sponsor/Share 12.38 Non Funded Loan
DOFI Department ofthe
holder
Government
Concerned
sponsor/share 570.39 Non Funded Loan
Bangladesh 0rdinance Factory Department of the
holder
Govemment
Concemed
Bangladesh Atomic Energy Commission (Roopur NNP Sponsor/Share
Departmentofthe 60,424.92 Non Funded Loan
Proiect) holder
Govemment
concerned
Sponsor/Share 3,485.46 Noo Funded Loan
Directorate General of Defense Purchase (DCDP) Departmentoftle
holder
Govemment
concemed
Sponsor/share Non Funded Loan
Bangladesh Election Commission (BEC) Deparinentoftle 297.34
holder
Government
Concemed
Sponsor/Share Funded Loan
Bangladesh lute Mills Corporation (BJMC) Departsnent of the 159.13
holder
Govemment
Concerned
Sponsor/Share Non Funded Loan
Departmenf of Environment Departrnent of the 8.92
holder
Govemment
Concemed
Sponsor/Share Non Funded Loan
Dhaka Souti City Corporation DeparBnent ofthe 0.15
holder
Government
Concemed
Sponsor/Share 3.86 Non Fuded Loan
Islamic Foundation Departrnentofthe
holder
Govemment
a
l+
D il k a
li
:,.
 Transacdon
Status with the Remarks
Name ofthe Related Party Related by Outstanding
Related Party
Balance
concemed
sponsor/share 79.23 Non Funded Loan
National Telecommuni€ation Monetoring Center Department ofthe
holder
Govemment
Concemed
Sponsor/Share Non Funded Loan
KUET Department of the 43.87
holder
Govemment
Concerned
sponsor/share 0.42 Non Funded Loan
Latif Buwany rute Mills Ltd. Departsnent of the
holder
Govemment
concemed
Sponsor/Share 90.16 Funded Loan
Sher-e-Bangla Agricultural University DeparEnentoftle
holder
Govemment
Concemed
Sponsor/Share 38.99 Non Funded Loan
Mowlana Bhasani Scicnce&Technology University Departmentofthe
holder
Govemment
Concerned
Sponsor/Share Funded Loan
Shahialal University of Science &Technology DeparEnent of the 1.47
holder
Govemment
Concerned
sponsor/share
Sundarban Gas Shilpa Ltd. Department of tIe 20.58 Non Funded Loan
holdel'
Govemment
Concemed
Sponsor/Share 5,5?2.10 Funded Loan
Biman Bangladesh Airlines Ltd.(note 7 7) Departnentofthe
holder
Govemment

The Bank Subsidiary Company 0.72 Funded Loan

Sonali Exchange Co. N.Y. (note 7.3.1)

The Bank Subsidiary Company 411.84 Funded Loan

SonaliBank (U.K) Ltd (note 7,3.1)

Payra Port Authority (note 7.3.1) The Bank D€partment ofthe 259.42 Iunded Loan

The Bank Subsidiary CompanY 8.15 lnvestment

Sonali Exchange Co. N.Y. [note 9.1)

The Bank Subsidiary ComPany 200.00 lnvestrnent

Sonali InvesBnent Ltd. (nole 91)

The Bank Subsidiary CompanY 338.30 lnvestmenl

Sonali Bank (U.K.) Ltd (note 9 1)

The Bank Associate 26.25 Investment

Sonali lntelect Ltd (note 9.1)

48.00 Event after the Balaoce Sheet date

No circumstances have arisen since the Balance Sheet alate, which would require any adiustnents
or disclosure to be made in t}le
Financial Statements but COVID'19 pandemic may affect the financial activities ofthe
Bank in 2021'

h (ha,,
lt
D haka

8l
 Annexure-A
Sonali Bank Limited
Balance with Bangladesh Bank and its agent bank(s)
and Investment in Government securities
As at 31 December 2021

1.00 Balance with Bangladesh Bank and its agent bank(s)

a) Local Currency
Amount in Taka
No. Particulars As per As per
Sonali Bank Bangladesh Bank
1 Head 0ffice 51,348,781,813 49,950,524,5L3
2 Local 0ffice 6,565,721,356 5,595,430,905
3 Barishal Corporate Branch t79,772308 179,772,308
4 Bogra Corporate Branch 10,655,014 260,672,420
5 Laldighi Corporate Branch 633,754,372 228,5L6,900
6 Khulna Co orate Branch 424,933,495 417,904,495
7 Rangpur Corporate Branch 364,763,796 368,468,858
8 Rajshahi Corp orate Branch 143,327,620 743,321,620
9 het Co rate Branch L9,831,602 9,834,502
Total 59,690,335,375 57 15 520

b) Fo Curren
Amount in Taka
No Particulars As per As per
Sonali Bank Bangladesh Bank
1 USD 9,822,674,966 3 ,743 ,288.93
2 GBP 17,854,702 L13,494.72
3 EURO 4,072,213 43,604.63
+ YEN 7,O79,427 1.,446,177.00
Total 9,839,561,308 4,746,565
Difference appeared in beBveen the balance as per Bangladesh Bank and Sonali Bank Ltd. due to reconciliation
gap.

2.00 InvesEnent in Government securities classified as per Bangladesh Bank's DOS circular No.05 date 26
May 2008 and DOS circular No. 05 date 28 lanuary 2009.
Amount in Taka Amount in Taka
No. Particulars 2020
2021
a) Held to Maturlty (HTM)
Bond / Other securities
2 years BGTB 30,029,859,365 9,006,7 69,478

50.012,049,906 47 ,063 ,430 ,967

5 years BGTB

10 years BGTB 56,963,333,561 59,922,255,934

lSyears BGTB 44,950,97 0,243 37,301,331,318

20 years BGTB 40,1.L4,594,272 33,t64,7 56,893

11to 13 years BJMC 3,926,400,000 3,926,400,000

I to 15 years BPC 16,864,700,000 31.364,700,000

years SBL 332,037 ,000

3

7 years SBL 4,427,400,000 4,427,400,000

Public Debenture 5,L47 ,900 5,1.47 ,900

3years FRTB 1,000,000,000 1,000,000,000

Sub T 244 294,455 46 Zzr 51 29 4
€
p 84 ia
 Amount in Taka Amount in Taka
No. Particulars
2027 20zo
b) Held For Trading (HFT)
Treasury Bill

91 days Treasury Bill 56,384,286,687 9L,055,027,918

182 days Treasury Bill 19,015,499,500 L2,7 04,465,250

364 days Treasury Bill 47,277,548,807 37,L07,647,317

sub Total 122,6 7r,334,994 L34,467,140,4A5

Bond / Other securities

2 years BGTB 49,327,592,121 36,096,398,07 5

5 years BGTB 65,269,7 56,977 44,508,777,077

10 years BGTB 23,781,307,270 7,928,722,864

lsyears BGTB 4,726,002,787 7,577,700,950

20 years BGTB 6,72!,776,860 17,946,757,584

2,506,866,750
Reverse Repo

Public Share-lCB 9L3,424,500 913,424,500

Sub Total 153,246,727,205 1oa,917,175,049

Total 275 918 062 199 243 778 15 34

(c) Remeasured Security Account

2 years BGTB 14,000,000,000

5 years BGTB 3,165,301,038 23,041,081,7 7l

10 years BGTB 33,805,287,745 32,665,208,830

lsyears BGTB 13,715,624,570 12 ,855 ,029 ,204

20 years BGTB 1.2,s69,051,95s 11,010, 689,643

Sub Total 77,255,274,648 79,572,009,388

(d) Bangladesh Government InvesEncnt Sukuk (Iiarah Sukuk)

BG Investment Sukuk Iliarah Sukuk) 17,228,87 0,000 5,279,450,000

Sub Total 7L22a,870,O00 5,279,450'000

6t2 ,696 ,662 ,O93 550,144,004,406
crand Total

di z4Gx'
o )\__-.,

85
 Annexure -8
Sonali Bank Limited and its Subsidiaries
Consolidated Schedule of Fixed Assets
As at 31 December 2021
Dep.€clatloo/Amortlzatlon
roreign For€lgn
Adlusted op.nln8 Adlustedop€nln8 durirg
Cha.g.d
3t.t2.zo2l DeP translatlon 3t,tz,zo2t 31.12.2021
01.o1.zo2l 01,o1,zozt
gain/ooss) (rn%) galnl(loss)
A) Premis€s (lncluding tand & Butlding)
32,74.6,t6s,943 a7,677,923 (1s8,023) 32,227 ,685,844 2.30 560,591,U:r2 5r,259,079 (64,27e) 6tt,786,632 37,615,499,252

332,9A9,7?3 +2,463,439 65,1A2,552 310,271,060 3t0,27L,060

32,479,t SS,7 S7 124,141,762 65,1AZ,S5Z (1sa,023) 32,537 ,956,944 560,591,a32 s7,2s9,079 (64,279) 617,1{16,632 3t,926,110.312

7,340,443,296 130,470,135 6,604,950 1,464,304,441 10.00 a12,556,698 6,481,448 6a,745,743 12,o42) 874,858,951
--,',,*"F;fl
7,159,363,344 750,294,237 4,677,821 3,85a |,304,947 ,6tA 2000 865,869,041 5,419,72+ 48,191,548 (19,395) 94A,62t,469 356,366,149

2,376,343,97 4 230,140,369 9,49a,015 2,537 ,026,329 20.00 7,959,17-t ,604 11,031,789 144,147,?55 (5,14t) 2,732,247 ,431 404,774,496

5.609,434 20.00 5,437.4n0 605 108,424 5.54s,699 63.735

t
5.610,105 671

Motor Car & other vehicl. 620,11a,538 3j4A,733 56,052 621,47t,2t9 20 00 34A,@7,723
r{a 85,347,973 2,869 +33,952,9t4 189,454,30s

533,133 13,086,740 7.00 5.554,089 57a,745 6,132,434 6,953,906

12,553,604

s,454,432,964 514,a30,604 20,a37,509 3,a58 s,t44,429,t,21 3,997,203,O37 22,939,256 421,120,229 (24,3O9) 4,4Or,359,7Ol 1,547,O7O,121

Total (A+B) 37 ,933,5fl4,627 T ".crrLr2

86,O20,061 (15't,l6s) 3A,4a6,3a6,765 4,557 ,791.469 22,939,256 474379,304
I ,*F*) 5,013,146,333 I u,+tz,z+0,+tz
C) D€ad Stock of overseas Eranches
24,774,O44 1,530,251 26,3Q4,?99 79,620,276 1,62a,615 2 \,248,491 [- s,oss,los

24,774,O44 1,530,251 f- 26,304,299 19,62(J,276 | ,,.r8r1rT - 27,244,497 T snss,4"B

D) I ntangible Assets
626,949,423 f3srra.oo,l 395.52s 665,272,559 fzooo | 3t---ncorosd. ."zrrl l r+s rseo- (29,900) 525,562,551 139,709,994

626,919,123 34,714,667 395,s2S 665,272,559 376,425.676 39Z,ZOA 149,159,053 (29,900) 525,562,561 139,709,994
T--------------- T- l
[) Right ofuse Assets
521,907,559 139,600,119 66t,507,678 t27,774,O43 r37,795,555 265,5?3,634 395,93,1,0,10

52a,901,659 139,600,r19 66t,SO7,678 127,77A,O83 137,795,555 265,571,638 395,934,040

T---
B.laDce ar at 31 D€c€mber 2021 39,107,219,551 818,821,401 86,415,586 (rs416s) 39,a39,471,301 tt
T-
5,042,014,843 2333a,+64 765,962,53L (118,488) 5,825,531,423 34,013,939,878

Bala.ce as at 3l De.ember 2020 37,654,077,245 1.Sa0,146,455 483,923,6+7 602 3A,750,300,655 4,1A6,456,7 44 l-rr*,*, 714.639,720 2,518 1,857 ,7 64,5r5 33,A92,536,111

ii6Y"\\"i
r^.1

86
 Annexure -C

Sonali Bank Limited

Schedule of Fixed Assets
As at 31 December 2021
D Amortizatlon
Wrltten down
Dlsposals/ Rate Adlusted Dtsposals/
Charged durlng Total balance as value as at
Adiusted op€ning Addltlon during Total balance as at
Particulars adiush|lenls DeP. openlng balaoce adlustments the year et 31.L2.2021 31.12-2021
balance as at 31-12.2021
the year (inolo) asato1.01.2021 durlng the y€ar
01.o7.2021 durlng th€ year

A) Premises (I ncluding Land & Bullding)

31,987,A66,368 z.so 456,077,000 44,567343 500,638,383 31,4A7 ,22? ,945
31,922,6A3,816 65,182,551
370,271,061
332.9A9,774 42,463,439 65,1A2,552 310,271,061
Building Construction
32,298,137 ,428 456,077,OOO 44,561,343 500,63a,343 31,797,499,046
Sub total 32,255,673,590 107,646,39{J 65,182,552

Dead Stock
751,949.774 6,481,488 68,307,839 873,176,125 588,668,210
|,2?8,579,149 130,470,135 6,604,950 7,402,444,335 10_00
Furniture
20.00 839,155,868 85,843,303 919,579,447 353,842,636
1,128.373,',1 56 149,7A6,UA 4,617,421 1,273,422,OA3
Electric lnstallation
1,898,116,484 11,O23,965 183,339,290 2,O70,437,AO9 403,276,743
2.253 347,O7 7 229,A65,529 9,498,015 2.47 3,70a,592 20.00
Compurer Hardware
5,437,880 605 10a,424 5,545,699 63,735
5,610,105 67L s,609,434 20.00
Type Writer Machine
20.00 379,666,919 5,650 85,088,294 404,749,563 189,200,442
s90,6s7,323 3,348,733 56,052 5-o3,950,005
Motor Car & OtherVehicle
7.00 5,554,088 s7a,745 6,132,A33 6,953,907
12,553,608 533,133 13,086,740
Library
62,227,149 3,a19,841,012 22,931,432 423,265,497 4,22O,2r5,477 I,542,OO5,712
sub total 5,269,0S5,019 s14,O03,674 20,a37,509 s,7

3a,o60,35a,617 4,27 5,95A,O12 22,931,432 467,827,24O 4.720.aS3,8S9 33.339.504,754

Total (A+B) 37,524,728,609 621,650,O69 a6,020,061

C) Dead Stock of overseas Branches

79,620,276 7.62A,615 27,244,491 5,055,408
24,714,O44 1,530,251 26,304,299
lndia 0peration
26,304,299 19,620,276 \62a,675 21,244,491 5,05s,404
Sub total 24,77 4,O48 1,S30,251

D) lntanglble Assets
20.00 369,742,339 392,204 146,003,740 515,353,87r 135,927,690
672,95A,425 38,718,661 395,525 651,2A7.561
Computer Software
6S1,281,s61 369,742,339 392,204 146,OO3,740 515,353,871 135,927,690
612,954,425 3a,714,661 39S,52S
sub total

E) Right of Use Assets

121,778.OA3 137,795,555 265,573,634 395,934,O40
521,907,559 139,600,119 667,507,674
Right of Use Assets
66t,SO7,674 t27,774,O43 137,795,55S 265,573,634 395,934,040
sub total 521,907,559 139,600,119
93,O98,709 23,323,640 7S3,25s,190 5,523.030,259 33,A7 6,427,A96
3l December 2021 38,6a4,368,640 801.499,100 a6,415,5a6 39,399,452,154 4,7
Balanceas at
3A,6A4,487 ,O42 4,118,058,570 42,20S,09S 7L7,342,OO5 4,793,192,48O 33,A9\294,562
Balrnce as at 31 December 2020 37,5a3,420,240 1,57 9,822,409 47A,755,607 I

o.
AB AAI<

8/
.ed tc
 Sonali BankLimited and its Subsidiaries
CoEsolldat€d schedute of Fla€d Ass.ls oacostBsls
As .t 31De.Gmbcr2O2t

torelgr torekr
charged
addlttordurlng
37.12.202t DeP sat0!.o1.2021 durirgthe .t 31.12.20?l 31.12.2027
galn/(loss)
saln/(loss) 0n %)

A) P.emls€s (lncludlng l-and &Bulldlrg)

250 456,6t2,39r 51,518,758 (61,410) 508,069,739 7,660,57 5,060
2,087 ,t24,898 al,677,923 [158,023) 2,76A,644,7 99

310,271,060
3ro,27r,060
332,9A9,773 42.463,439 65,182.552

(158,02r) 2,17A,915,A59 456,612,391 51,518,758 (61,410) 50a,069,739 |,970,416,720

2,12O.774,672 124,741,762 65,182,552

B) Dead stock
10.00 812,556,698 6,4a1,4A8 64,785,78:l (2,O42',) 874,858,951 589,449,s31
1340,443,296 130,470,135 6,604,950 1,464,308,481

3,a5a 1,304,9A7.614 20 00 865,469,041 5,4t9,724 aa,191,548 (19,395) 94A,621,470 356366,144

1,159,363,344 1so,294.237 4,677,421

9,49a,015 2,537 ,0?6,324 20.00 1,959.7',7?,604 11,031.733 184,107,7s5 (s)4tJ 2.r32.2+7 .AA9 404,778,439
2.31,6,343.9? 4 230,140369
s,609,434 20.00 5,437,840 605 104,424 5,545,699 63,735
5,610,105 671

623,47\,219 20.00 348,607,723 5,650 45,04n,294 433,690,367 r49,720.4s3

Motor Car & other Vehicle 620,118,534 334A,733 56,052
7.00 5,554,0a9 s7ts,745 6,t32,41+ 6,953,906
12,553,608 533,133 13,046,740

3,a5a s,94a,429,{t27 3,997 ,203,O37 22,939,200 1?6,A60,550 (27,17a1 +,101,O97 ,209 1,517 332,6 t2
s,454,432,464 514,a30,604 20,837,509
(154,r65) a,427,345,640 4,,153,A15,424 22,939,2OO 478,3193O4 (88,588) 4,9O9,165,91I, 3,510,174,732
Tolal (A+B) 7 ,A71,517 ,536 63A,912,370 86,020,061

c) Dead Sto.k ot overseas Branches

26,422,701 t9,7t4,047 1,62a,615 27,342,66t 5,080,040
24,89?,45O 1,530,251
26,422,701 19,714,011 1,628.675 21,342,661 5,040,040
21,a92,45O 1,530,251

665,2?2,559 20.00 376,A25,675 392,204 149,159,053 (2e,eoo) s25,562,S60 139,709,999

626,949,423 3A,77A,661 395,525

665,272,559 20 376,825,615 392,204 119,759,O53 (29,9O0) 525,562,560 139,709.999

626,949,423 3S,7rS,661 | 395,525

20 4,A50,355,089 23,331,404 629,166,976 [118,44a) 5,156,O12,169 3,662,96A,77 7

aalan@.s a! 31 D@mbcr 2021 8,526,3a9,,109 679,221,2A2 86,415,546 (154,165) 9,119,O40,9,10

602 8.769,352,Ot2 20.00 4,0a9,305,013 35,444,676 572,74A,135 2,57A 1,626,006,997 3,543,345,021

BaleDce as at 31 Dec€mber 2020 7,594,3,18,560 1,046,472,132 177,469,283

d !

88
 Sonali Bank Limited
Schedule ofFlxed Assets on Cost Basls
As at 31 December 2021

Cost value Depreciatlon/Amortization

Dlsposals/ Wrltten down
Disposals/ Rate of Charged value as at
Particulars Addltion duIing Total balaDce as at Openlng balance adiustmeott Total balaDce as
Opening balance adjustments Dep. duringthe
as at 01.01.2021 durlngthe at 3l-12.2021 31.12.202L
as at 01.01.2021 the year 31.r2.2021 (in o/o) year
during the year

A) Premises (lncluding Land & Building)

65,182,551 1,92A,A25.282 2.50 352,097,559 44,561,383 396,658,942 1,532,166,341
Premises \a63,642,731
42,463,839 65,142,552 310,271,061 310,2? 1,061
Building Construchon 332,9A9,774
107,646,390 65,1A2,552 2,239,096,343 352,097,559 44,561343 396,654,942 1,A42,437,402
Sub total 2,196,632,505
Dead Stock
6,604,950 1,402,444,335 10.00 757,949,774 6,481,488 68,307,839 813,776,125 588,668,210
Furniture 1,27A,579,149 130,470,135

149,7A6,148 4,677,42L 1,273,422,083 20.00 839,155,868 5,419,724 85,843,303 919,579,447 353,842,636

Eleclnc Installation 1,12A313,7 56
9,498,015 2,473,7 04,592 20.00 1.898,116,484 11,023,965 743339,290 2,07 0,431,4O9 403,276,743
Computer Hardware 2,253,341,0? 7 229,465,529
611 5,609,434 20.00 5,437,880 605 108,424 5,545,699 63,735
Type writer Machine 5,610,105
56,052 593,950,005 20.00 319,666.919 5,6s0 85,088,294 404,7 49,563 1A9,200,442
Motor Car & Other Vehicle 590,657,323 3,348,733
13,086,740 7.00 5,554,088 578,745 6,132,433 6,953,907
Library 12,553,608 533,133

sub total
Total (A+B)
C) Dead Stock of overseas Bralches
5,269,055,019
7 ,465,6a7 ,524
514,003,678
621,650,O68
20,a37,5O9
86,020,061
s,7 62,221,149
a,oot,3t1,s32 H 3,819,881,012
4,771,97 4,571
22,931,432
22,931,432
423,265,497
467,a27,24O
4,220,215,477
4,616,87 4,418
t,s12.oos,7 12
3,384,443,113

5,080,040

l--
1,530,251 26,422,701 79,774,047 \624,615 21,342,661
India 0peration 24,a92,450
1,s30,251 26,422,701 t9,714,047 L624,615 2L,342,661 5,080,040
Sub total 24,492,45O

D) Intatrglble Assets
3A,714,661 395,525 651,241,561 20.00 369,742,339 392,204 746,003.7 40 515,353,871 L35,92?,690
Computer Software 612,954,425
38,718,661 39S,525 651,2AL561 369,7 42,339 392,204 146,003,7 40 515,353,871 L35,927,690
Sub total 612,95A,425

661,898,981 86,415,586 a,67 9,O2r,794 4,561,434,956 23,323,640 615,459,63S 5,153,570,950 3,S25,450,843

BalaBce as at 3l December 2021 8,103,538,399

Ealance as at 31 December 2020 7,sz3,69r,sssl t,onu,rno,oes L66,3ol,z4z I e,ros,s:e,res I

4,O20,906,440 30,322,303 570,850,419 4,561,434,956 3,542,1O3,442

Y.harrChq

B :-: u
Dhaka
a
.od !
89
 Annexure-F
Sonali Bank Limited
Schedule of Tax Position
Asat31December2021
Tax assessment of Sonali Bank Lrd. has been complet€d and settled upto assBsnent year 2002-2003 (lncome year upto 2001) rcstrlting tax retund of TIc
426,30,48,032 in favour oflhe Bank As regards latest status ofthe tax assessments for the income years 2019 and 2020 these are not yet finalised by the t x
departmenL Th€ Bank has submtted t.T. Returns showing loss Tk . [15,74,48,87,099) & showing loss Tk (7,10,16,05,441) for the income year 2019 and 2020 i e
assessment years 2020-2O21, & ZOzt - 2022 respecdvely. The loss shown by bank is inclusive of claim of Bad Debts written off and others. ln the income
years
1996,7997 Lgge,2OOO,2OO1,2OO2,2OO3,2OO4, ZOOS,2006 ,2OO7, 2008 , 2009 , 2010, 2011 ,20t2,2O13, 2014,2075,2016 and2017 the tax deParEnentdid not
accepr rhe claim of Bad Debt wrinen o,r, Provision for Ex-gratia, Provision for NOSTRO A/C., Provision for other Assets, lnterest on securities etc. against which
the bankhas Rled Reference Application to the Honorable High court

D$allotlrr3$lllmell
Assessment Tax Provlsloh AssessedTax Payment of Retundable/ Remarks
t made by Llabllittes Total Tax (Payabl€)
Adjusted as
1992 1993-94 Nil DCT Settled Nil 97,a95,171 DemandedTax

Adjusted as
1993 1994-95 Nil DCT Settlcd Nil 714,229,244 D€manded Tax

Adjusted as
7994 1995-96 Nit DCT Seftled Nil 107,A43,437 DemandedTax

Adjusted as
1995 7996-97 Nil DCT Settled Nil 327,O47,472 Demanded Tax

Relerenc€ Application to
1996 L99?-94 Nil DCT Nil 359,391,548
Demanded Tax
tbe Hieh court
Rel€rence Application to Adjustedas
1997 1994-99 Nil DCT Nil 368,350,061
th€ Hish Court DemandedTax
Reference Application to 424,971,176
1998 1999-2000 Nil DCT Nii 442,779,323
the HishCourt

1999 2000-01 Nil DCT settled Nil 600,414,273 600,a7a,273

Refe rence Applicarion to

2000 200r-02 NiI DCT Nil a70,47A,795
DemandedTax
the High court
Relerence Application to t,135,4A9,7 57 Ref,undabl€
2007 2002-03 Nil DCT Nil 1,135,489,757
the High Court
Reference Application to (185,934,093) Payable
2002 2003-04 Nit DCT 89,85,21,314 772,547,227
the HiEh Court
Ref€rence A p plication to
2003 2004 05 Nil DCT 241.46.10.301 588,000,560 G,a26,609,7 41)
the High Court
Reference Application to 514,O24392 27,46,73,831 Retundable
2004 2005-06 Nil DCT Nil
the High Court
Reference Application to 60,o97,l7A Retundable
2005 2006-07 Nil DCT 37A,O72,745 438,169,963
the HishCourt
Reference Application t! 770,34,73,454 538,154,625 (1,266,536,54r) Payable
2006 2007-08 Nil DCT
the Hiqh court
Ref€rence Application to (75,27,63,s73) Payable
2007 2008-09 Nil DCT 207.04,03,7 44 1,21a,137 ,964
lhe High Court
Reference Application to aag,421,612 (132,53,29,527) Payable
2008 2009-10 Nil DCT 216,7 4,91,469
I
the lligh Court
Relerence Application to (254,0o,43,944) Payable
2009 2010-11 Nit DCT 3,704,47 2,179 63,51,59,113
the High Court
Reference Application to 1,118,523,947 Payable
2010 2011-12 Nil DCT 4,7L6,444,04Z 1339,21,46,471)
the High court
R€terenc€ Application to
2011 2012-73 Nil DCT 5,836,848,604 136A,957 ,252 {soa32,62,7e2)
the High Court
Reference Applicalion lo ,08,46,597) Payable
zot2 2013-14 Nil DCT 3.306.47 4,124 1,459,284,890 (2O7
the High Court
Reference Application to 7,524,97 5,430
2013 2014-15 Nil DCT 4,030,826,003 e,a69,107 ,e23')
rhe High court
Reference Application
199,40\,664 DCT to the High Court 927,7A6,216 2,6AA,A7 0,549 176,10,84,333
z0 \4 2015-16

Refereoce Application
197,184,155 DCT 4,249,407 ,1,41 3,752,424,934 (1,146,11S,391) Payabl€
2015 2016-17 to the HighCourt

Appeal to Applat 2,995,203,796 (140,948) Payable

zot6 20t7-18 416,tlA,744 DCT 2,993,373,144
Tnbunal
Appeal to Applat (2,961,7 6A,77 4) Payable
2017 2018-19 434,634,O21 DCT 5,694,4S0,838 2,732,642,064
Tribunal
CT Appeal (5,098,435,982) Payable
2018 2019-20 451,869,948 DCT 7.562.71r,954 2,464,27 5,912

2019 2020-21 455,443,809 DCT 2,490,906,t31

2020 20zl-22 sos,975,162 DCT 2,979,169,309

(ha

9a l -.-
<)
tec t
 Annexure-G
Sonali Bank Limited
Statement of Non-Income Generating Other Assets
As at 31 December 2021
z02l 2020
Particulars
Taka Taka
DOMESTIC BRANCHES
Stamps in hand 17,310,737 rt,404,26s
Stationery in hand 725,743,849 111,585,963
Branch Adjustment 28,270,680,207 42,092,r75,r78
Settlement A/C (lslami) 577,058,257 6t2,292,176
SBL Employee PDCRB fund lnvestment 500,000,000 4,t75,259,894
SBL Employee Pension fund Investment 491,867,826 7,442,642,703
SBL Employees Benevolent fund Investment 159,525,776
Suspense A/C 178,A90,240 t65,t18,697
Income Tax Deducted at source 26,525,375,184 23,832,043,223
Demand Draft Paid in Ex-Advice 49,410,801 54,386,228
Govt. Demand Draft Paid in Ex-Advice 7,4t9,222 t,570,2t0
Deferred Tax assets 26,078,085,270 27,500,378,525
Demand Drafts purchased 75t,407,437 392,252,970
Protested Bills 290,137,711 294,663,951
BRDB UCCA Crop Loans Int & Panel inL ExmpL-2007 517,283,779 stt,283,719
Branch Reconstruction A C 50,195 50,195
Pension Bill Purchased fArmyl 3,270,498,646 3,486,26r,47r
Pension Bill Purchased (Civil) trz,196,785 244,755,579
Army Pension Bill Purchases A/C New 70,085,655,777 12,090,005,145
Sanchaypatra Encashment Account 9,043,283,628 70,Lr0,246,472
Loan Exem tion Under .S Reform Pro .94-95 5,094,543,083 5,094,543,083
NRT A C Dr. Balance 435,77 5,867 435,775,867
Advance Pa ment of Income Tax 8,026,323,815 7,526,323,875
Ad usted Account Debit balance 950,971,922 865,769,3t8
ri- Exem tion A C Affected B River Erosion 99,557,837 99,557,837
Prelimine Ex enses - HR Recruitment A C 44,38L,074 47,188,984
ATM Settlement Account Debit Balance 1.42,093344 414,248,36r
SECI Settlement Account Debit Balance 364,072.,470 s04,810,243
CIeari Settlement Account Debit Balance L87,576,212 30,238,969
Govt. Transaction Settlement Account Debit Balance t4,807,454,857 t2,363,2r4,557
Placement With Solicitation Account 193,677,713 164,717,013
e Earners' Bond Encashment A C 2,430,433,305 r,053,47 5,684

Receivable - Exchan e Rate Fluctuation of Biman Loan 3,011,956 4l

Mobile Financial Services Link Settlement Account Debit Balancc 7,257,973 3,301

Non-lnterest Bea Blocked Account for COVID-19 |,742,873 3,47 |,349,967

Receivable from Govt. Under Savings Certificate lssued to 4,068,061,708 3,542,199,340
Islamic Banking Window 7 B,7 45,009 7t8,173,687
Others Assets of India o eration 220,697,L72 t88,280,64t
Total 143,577,593,426 t63,O49,1A6,549
A ,l
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 Annexure -H
Sonali Bank Limited
Investment in Shares (Quoted and Unquoted)
As at 31 December 2021
Cost Value Per Market Price
Particulars No. ofShares Total Cost Value Total Market Value
Share per Share
1 , 3 4=(2.31 5 6=[2+5)
Investment in Shares (Quoted)
Bank & NBFI I

AB BANK 2,953,278 52.30 754,456,439 13.50 39,869,253

AL.ARAFA BANK 2,107,073 25.95 54,527,287 26.60 55,886,946

BANKASIA 3,151,190 19.86 62,582,633 27.80 68,695,942

3,L65,975 22.05 69,809,7 +9 14.00 44,323,650
DHAKA BANK
600,000 BB.1B 52,908,000 78.10 46,860,000
DUTCH BANGLA BANK

EBL 19,387,500 8.92 773,O25,+23 3 8.50 746,418,750

130,000 27.82 28,366,000 19.60 25,480,000
MTB
5,125,000 19.40 99,425,000 72.70 65,087,500
EXIM BANK
2,400,000 13.5 0 32,400,000 12.90 30,960,000
FIRST,S BANK
5,418,100 10.00 54,181,000 5.20 28,174,720
ICBI BANK
IDLC 7,677,879 7 0.49 117,850,751, 60.30 100,814,304
1,300,000 19.29 25,077,000 16.90 27,97 0,000
IFIC BANK
6,590,090 20.34 L34,042,431 1,7.10 112,690,539
MERCANTILE BANK
6,796,413 22.22 1,51,076,297 7.50 50,973,098
NBL
5,203,989 23.87 L2+,279,277 15.3 0 79,621,032
NCC BANK
7,676,707 20.62 758,293,698 13.80 105,938,557
ONE BANK
PREMIER BANK 2,250,000 14.90 33,525,000 t+.90 33,525,000
3,930,000 23.57 92,630,100 21.5 0 84,495,000
PRIME BANK
5,325,092 25.97 138,292,639 21.80 116,087,006
SHAHJALAL BANK
5,007,782 30.75 753,989,297 15.50 77,620,62!
SOUTHEASTB
3,342,039 16.59 55,4+4,427 10.7 0 35,759,877
STANDBANKL
6,063,7 50 19.68 119,334,600 15.3 0 92,77 5,375
UCBL
7 0L,325 39.O2 27 ,365,702 21.L0 L4,797,958
U NITEDFIN
2,270,000 42.50 96,47 5,000 37.30 84,671,000
LANKA BANGLA
4,867,765 3L.32 t52,27 0,480 25.50 723,975,008
UTTARA BANK
594,227 736.+l 81,058,505 40.90 24,303,884
UTTARAFIN
4,518,550 34.57 156,206,274 27.30 r23,356,415
CITY BANK
57 0,643 31.97 78,243,457 3 2.00 18,260,576
ISLAMI BANK
2,358,889 74.90 35,7+7,446 14.80 3+,91L,557
SIBL
714,816 96.80 69,194,7A9 31.00 22,1,59,296
BAYLEASING
1,200,000 B.OB 9,697 ,501, 6.20 7,440,000
UANATAMF
lSTPRIMFMF 207,000 38.82 B,O34,BB6 19.80 4 098,600

25,000,000 10.00 250,000,000 8.00 200,000,000

ICBSONALIl
782,000 75.29 11,956,780 7.40 5,786,800
DBHISTMF
1,670,467 16.22 27 ,095,329 7.50 72,52A,458
EBLlSTMF
3,000,000 8.60 25,800,000 6.40 19,200,000
ICB3RDNRB
1,000,000 14.64 14,638,814 7.30 7,300,000
ICBEPMFISt
1,108,186 9.98 11,055,626 5.50 6,095,023
IFICISTMF
3,000,000 8.06 24,180,000 6.40 19,200,000
IFILISLMFI
960,089 10.59 70,767,477 5.7 0 5,472,507
TRUSTBlMF
3,079,967 77.17 34,403,23.1, 8.20 25,255,729
PFlSTMF
1,432,000 10.00 14,320,000 13.10 78,759,200
SEBLlSTMF
2,000,000 8.09 16,180,000 7.20 14,400,000
PRIMElICBA
Sub-Tatel-: t60,619,7ls 3,v I,Aal,625 2,8S5,998,519

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 Cost Value Per Market Price
Particulars No. ofShares Total Cost Value Total Market Value
Share per Share
., 3
1 4=(2*31 5 6=(2*51
Insurance
BGIC 5r3,476 69.7 | 35,793,51,+ 54.20 27,830,399
GREENDELMF 524,500 12.34 6,472,825 7.40 3,881,300
KARNAPHULI 618,360 79.7 7 49,323,732 +2.5O 26,28O,300
PEOPLESINS 99,655 93.28 9,295,818 60.40 6,019,162

Sub-Total t,755,991 100,885,890 64,OLl,t61

Fuel and Power

D ESCO 1,668.720 104.60 174,545,135 3 5.50 59,239,560

]AMUNAOIL 1,357,000 77 2.08 233,572,560 L7L.70 232,782,7 00

NATOXG 1,305 100.0 0 130,500 100.00 130,500

PADMAOIL 819,613 217.10 177,937,982 272.50 774,t67,763
TITASGAS 3,550,000 3 9.89 141,609,500 36.30 128,865,000
MILBD 1,300,000 95.25 123,825,000 88.30 114,790,000
LIN DEBD 50,000 1,309.55 65,477,500 1,579.80 78,990,000
U PGDCL 287,BOB 290.15 83,507,491, ?44.20 70,282,71,+

POWERGRID L,21,1,,000 60.7 0 7 3,507 ,7 00 59.60 72,775,600

NAVANA CNG 510,885 13 9.51 71,27 3,566 29.50 15,071,108

SUMITPOWER 1,300,000 54.13 70,369,000 3 8,90 50,570,000

BARAKAPOWER 850,000 30.78 26,163,O00 23.80 20,230,000
12,906,331 1,241,85A,935 1,0].6,694,944
Sub Total
Manufacture &
Others
AFTABAUTO 2,1,70,807 69.10 750,002,76+ 27.30 59,263,03"t

BATBC 412,000 655.7 7 27 0,17 7 ,240 635.60 261,867,200

KTL 200,000 40.77 8,034,000 32.+0 6,480,000

BBSCABLES 1,030,000 78.39 80,747,700 55.90 57,577,000

BERGERPBI, ?6,7 35 1,,749.59 46,775,289 7,765.90 47,277,337

BSCCL 332,500 222.14 73,861,550 2t0.10 69,858,250

MLDYING 100,000 36.28 3,628,000 23.30 2,330,000

EHL 650,000 64.92 42,198,000 46.80 30,420,000

MPETROLEUM 586,693 1,98.29 116,335,355 796.8O 715,467,182

IB NSINA 140,000 288.57 40,399,800 271.30 37,9A2,000

ROBI 5 00,0 00 42.60 21,300,000 34.60 17,300,000

SINGERBD 400,000 t93.+7 77,388,000 169.90 67,960,0C0

RENATA +6,979 1,251.00 58,695,669 1,312.00 61,557,728

APEXWEAV 51,200 10.00 512,000 10.00 512,000

ASH RAFTEX 364,582 10.00 3,6+5,820 10.00 3,645,820

AZADIPRINT 756 10 0,0 0 7 5,600 100.00 75,600
330,000 382.00 126,060,000 272.40 89,892,000
HEIDELBCEM
BCIL 2,960 100.00 296,O00 100.00 296,000

CONFIDCEM 305,000 155.70 47,+88,500 121.90 37,779,500

BEXIMCO 110,000 74.64 8,210,400 148.40 16,324,000

DULAMIACOT 16,000 10.00 160,000 +9.7 0 795,200

FB FIF 77,61+,699 6.44 500,000,000 5.20 +03,596,435
UN ILEVERCL 2,000 2,855.10 s,770,200 2,977.70 5,954,200

93
red Dr
 CostValue Per Market Price
Particulars No. ofshares Total Cost Value Total Market Value
Share per Share

1 2 3 a=12*31 5 6=(2*5)
LR GLOBAL MF.1 5,1A4,672 9.6+ 50,000,000 6.90 35,77+,237

1,495,4+2 6.69 10,004,507 5.40 8,O75,387

POPULARlMF
ATLASBANG +8+,045 13 5.8 5 65,7 57 ,5t3 725.70 60,844,457

BENGALWTL 1,100,000 34.00 37,400,000 2L.20 23,320,000

OIMEX 7,502,482 3 8.28 57,515,011 1,7.30 25,992,939

SQUARETEXT 954,850 54.56 52,096,676 52.20 49,8+3,77 0

SQUAREPHARMA 2,000,000 22+.00 448,000,000 2i.4.30 428,600,000

BXPHARMA 287,500 245.82 7 0,673,250 192.7 0 55,401,250

NILOYCEM 9B 100.00 9,800 100.00 9,800

OI,YMPIC 600,000 200.20 120,120,000 160.60 96,360,000

RAKCERAMIC 1,815,000 62.49 113,419,350 44.40 80,586,000

ROSEHEAV +,327 15.00 64,905 15.00 64,905

SAPORTL 434,t69 100.68 43,772,135 24-50 70,637,741

ACI 5 82,385 249.47 r45,252,6+3 285.40 766,212,679

ACIFORMULA 564,500 159.00 89,755,500 147.1,O 83,037,950

ARGODENIM 1,100,000 27.45 30,195,000 17.50 19,250,000

BBS 2,090,550 26.O0 54,354,300 18.3 0 38,257,065

CEN N EXT 1,200,000 8,776,525 5.8 0 6,960,000

G HAIL 1,900,000 28.04 53,27 6,000 16.50 31,350,000

CP 318,500 3 58.45 LL4,766,325 349.50 111,315,750

IFADAUTOS 805,548 1,04.63 84,28+,487 +7.30 38,702,420

t,IIBL 1,075,000 83.02 89,246,500 71,.10 76,432,500

SAI,AMCRST 390,000 37.93 14,792,7 00 25.20 9,828,000

SHASHADNIM 1,050,000 38.40 40,320,000 24.50 25,725,000

UNIQUEHRL 314,100 5 6.19 17,649,279 50.20 15,? 67 ,820

WMSHIPYARD 626,623 19.33 72,L12,623 10.7 0 6,704,866

Sub Total 113,272,642 3,504.650,855 2,A97 ,99L,814

Grand total 2AA,554,679 a,o26,277,305 6,434,696,441

Special Purpose Fund (SBLSF) Holding Position as on 31-12-2021

Bank and NBFI
DUTCHBANGLA 46 5,0 00 91.01 423L9,650 78.10 36,316,500
Sub Total
465,000 42,319,650 36,316,500
Fuel and Power
PADMAOIL 140,000 2r3.40 29,876,000 212.5O 29,750,000
IAMUNAOIL 27,000 77 7.63 +,796,O10 771.70 4,619,700
MPETROLIUM 261,000 199.44 52,053,840 196.80 51,364,800
MILBD 420,000 102.64 43,108,800 BB.3 O 37,086,000
SPCL 312,000 118.99 37,12+,880 B 5.90 26,800,800
Candle Stone 15,000,000 10.00 150,000,000 10.00 150,000,000

sub]ffi\ 16,160,000 316,959,530 2 300

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 Cost Value Per Market Price
Particulars No. ofShares Total Cost Value Total Market Value
Share per Share

T 2 3 4=(2*3'l 5 6=12*S'.l
Manufacture &
Others
ACI 57,000 269.5r 75,362,070 285.40 76,267,800
ACMELAB 305,000 107.72 32,671,600 86.50 26,382,500
BATBC 50,000 719.63 3 5,981,500 635.60 31,780,000
BBSCABLES 303,000 76.04 23,0+0,120 55.90 16,937,700
BERGERPBL 44,976 1,775.38 79,849,497 1,765.90 79,+23,L78
BXPHARMA 3 00,000 2+7.49 74,367,000 792.7 0 57,810,000
SQUAREPHARMA 295,000 238.26 70,286,700 2t+.30 53,218,500
SUB TOTAL 1,354,976 331,558,481 29La19,6t8
Grand total t7,979,976 690,437,66r 627,757,41a
Total Quoted 306,534,655 a,777,114,966 7 ,462,453,460

Investment in Shares (Unquoted)

Bank and NBFI
Grameen Bank 30,000 100.00 3,000,000 100.00 3,000,000
IIDFC 13,380,903 4.41 59,001,553 4.4L 59,001,553
Karmasangthan Bank 2,600,000 100,0 0 260,000,000 100.00 260,000,000
Pubali Bank (former) 57,022 10.00 51,0,220 10.00 570,220
Padma Bank 165,000,000 10.00 1,650,000,000 10-00 1,6S0,000,000
Sub Total 181,061,925 1,972,571,773 1,972,5tt,773
Manufacturing
10.00 10,000,000 10.00 10,000,000
Allied Pharma Ltd. 1,000,000
33,790 337,900 10.00 337,900
S. lute Yarn & Twine 10.00
Sub Total \,o33,790 10,337,900 10,337,900
Others
21,300,000 100.00 2,130,000,000 100.00 2,130,000,000
Baugladesh Fund
100.00 112,500,000 100.00 112,500,000
BC BL 1,125,000
CDBL 8,968,456 14.55 130,485,900 14.5 5 130,485,900
3,000,000,000 10.00 3,000,000,000
0rion Infrastructures 300,000,000 10.00
BHL 7 6,923,L00 65.00 5,000,001,500 65.00 5,000,001,500

Paper Convert& Pack 5,0 00 100.0 0 500,000 100.00 500,000

Sub Total 408,321,556 10 373,447,400 10 373 447,400

Total Unquoted s90,417,271 L2,356,337,O73 L2,356,337,O73

Grand total 896,95t,926 21,o7 3,452,O39 19,818,790,933

Reouired Provision
Provision Required on Quoted Share 1,033,548,007
Provision Required on Mutual Fund 116,600,000
Total Required Provision 1,150,148,007
$a/,
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95
 Annexure - I
Sonali Bank Limited
Highlights on the Overall Activities
For the year ended 31 December 2021

SL 2021 2020
Particulars
No, Taka Taka
1 Authorized Capital 60,000,000,000 60,000,000,000

2 Paid-up Capital 45,300,000,000 45,300,000,000

3 Total Capital (as per Capital Adequacy) 66,872,897,126 63,500,864,681

4 Capital surplus/(defi cit) 245,857,726 140,69+,681

5 Capital Adequacy Ratio L0.040/o 1,0.020/o

6 Statutory Reserve 14,5+7.096,640 73 ,469 ,002,429

,7
Total Assets 1,706,803,450,750 1,59\,233,7 64,462

B Total Deposits 7,350,875,873,232 r,258,786,264,665

9 Total lnvestment 688,06+,716,668 629 ,68r,839 ,0r7

10 Total Contingent Liabilities and Commitments 885,193,454,020 949,413,066,834

1,1 Advance Deposit Ratio 51.72o/o 46.57o/o

t2 Credit Deposit Ratio 1O2.060/o 96.590/o

13 Total lmport 314,539,200,000 165,662.000,000

14 Total Export 32,113,600,000 25,173,100,000

15 operating Profit 20,903,750,633 27.526.93r,7 68

t6 Profit after tax and provision 3,456,668,L49 3,234,349,4+2

t? Total Loans and Advances 690,596,853,940 586,232,779,704

r19,585,290,407 L07,673.900,1,77
1B Amount of Classified Loans
19 Percentage ofClassified Loans and Advances 1,7.32o/o 78.370/o

20 Provisions kept against Classified Loans 63,528,397,397 57,705,451,597

21, Provision surplus/[defi cit)

4.98o/o 5.23o/o
22 Cost of Fund

23 lncome from Investment 38,692,737,319 39 ,996,+29 ,r47

24 Interest Earning Assets 1,332,237,194,384 L,795,517,210,+90

25 Non-lnterest Earning Assets 374,566,256,366 395,71,6,553,972

26 Return on Investment (R0l) 5.870/o 6.070/o

0.21,0/o 0.2L0/o
27 Return on Asset (ROA)

2B Return on Equity (ROEJ 4.264/o 4.270/o

29 Earnings per Share (EPS) 7.63 7.1,+

30 Net asscts value per share (NAVPS) 169.41, 189.00

31 Price Earning Ratio N/A N/A

32 Net operating Income per Share 46.15 47.52

?.
96
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