Probashi Kallayan Bank Limited
Probashi Kallayan Bank Limited is a state-owned specialized scheduled bank in financial sector of Bangladesh which was established in 2011 under the Probashi Kallyan Ain 2010. The bank was established to coordinate welfare activities of the expatriate Bangladeshis, boost up and create intra transaction facilities of remittances. It was incorporated as a public limited company in 2018. At the end of March 2021, the authorized and paid-up capital of the bank stood at 5000 and 4450 million taka respectively. It may be mentioned however that till 2020, the paid-up capital of the bank was 4000 million taka. The management of the bank is vested in a 14-member board of directors. Basic economic indicators of the Probashi Kallayan Bank pertaining to the period from 2018 to June 2020 are placed in the chart below.
Basic facts and economic indicators (in million Taka)
| Indicators | 2018 | 2019 | 2020 |
| Authorized Capital | 5,000 | 5,000 | 5,000 |
| Paid UP Capital | 4,000 | 4,000 | 4,000 |
| Reserved Fund | 273 | 353 | 475 |
| Deposits | 416 | 927 | 895 |
| (a) Call Deposits | 391 | 1 | 4 |
| (b) Term Deposits | 25 | 926 | 891 |
| Loans and Advance | 1,337 | 2,241 | 2,448 |
| Investment | 0 | 3,806 | 5,180 |
| Total Asset | 5,380 | 6,288 | 7,053 |
| Total Income | 335 | 546 | 371 |
| Total Expenditure | 154 | 189 | 160 |
| Foreign Currency Trading | |||
| a) Export | 0 | 0 | 0 |
| b) Import | 0 | 0 | 0 |
| c) Remittance | 0 | 0 | 0 |
| Total Manpower: | 190 | 174 | 210 |
| a) Officers | 137 | 130 | 167 |
| b) Staff | 53 | 44 | 43 |
| Correspondents Banks | 0 | 0 | 0 |
| Total Branches (In numbers) | 54 | 63 | 71 |
| a) Domestic | 54 | 63 | 71 |
| b) Overseas | 0 | 0 | 0 |
| Agriculture Credit: | |||
| Loan Disbursed | 0 | 0 | 0 |
| Realised | 0 | 0 | 0 |
| Industrial Credit: | |||
| Loan Disbursed | 0 | 0 | 0 |
| Realsied | 0 | 0 | 0 |
| Loan Outstanding by Sector | |||
| Agriculture and Fisheries | 0 | 0 | 0 |
| Industry | 0 | 0 | 0 |
| Trade and Commerce | 0 | 8 | 133 |
| Poverty Reduction | 0 | 0 | 0 |
| CSR | 2 | 0 | 0.2 |
Sources Government of Bangladesh, Ministry of Finance, Financial Institution Division, Barshik Protibedon [Annual Report on Banks and Financial Institutions], 2019-20 and 2020-21.
In 2020, bank deposits accounted for 0.01 per cent of total banking sector deposits and loans and advances accounted for 0.02 per cent of total banking sector loans and advances. The average interest rate differential between June 2020 based deposits and loans and advances was 3.0 percent. [Muhammad Abdul Mazid]
