Grameen Bank Monthly Update, June 2010

GRAMEEN BANK
HEAD OFFICE
MIRPUR-2, DHAKA-1216

Statement No: 1
Issue No : 366, Issue Date : July 07, 2010

Grameen Bank Monthly Update in US$ : June, 2010
Sl. No. Particulars Million US$
1.0 Cumulative Amount Disbursed Since Inception 9,432.90
2.0 Cumulative Amount Repaid Since Inception 8,357.20
3.0 Amount Disbursed this Month 124.77
4.0 Amount Repaid this Month 111.91
5.0 Outstanding Loan
5.1 Basic Loan 810.49
5.2 Flexible Loan (a) 46.41
5.3 Housing Loan 2.35
5.4 Education Loan 24.86
5.5 Other Loans 3.32
5.6 Total (b): 887.44
6.0 Rate of Recovery (c) 97.20
7.0 Total Outstanding of Borrowers Missing 5 to 9 Consecutive Instalments (d)
7.1 Basic Loan 9.22
7.2 Flexible Loan 5.74
7.3 Total : 14.95
8.0 Overdue Loan (e)
8.1 Basic Loan (f) 12.069
8.2 Flexible Loan 3.755
8.3 Housing Loan 0.117
8.4 Other Loans 0.000
8.5 Total : 15.940
9.0 Microenterprise Loan (Cumulative)
9.1 No. of Microenterprise Loans 2,567,853
9.2 Amount Disbursed 1,015.71
9.3 Amount Repaid 801.18
10.0 Balance of Deposits
10.1 Members’ Deposit 705.74
10.2 Non-Members’ Deposit 604.89
10.3 Total : 1,310.63
11.0 Deposits to Outstanding
11.1 Deposits as Percentage of Outstanding Loans 148
11.2 Deposits and Own Resources as Percentage of Outstanding Loans 157
11.3 No. of Branches with more in Deposits than in Outstanding Loans 1,680
12.0 Beggar Members
12.1 No. of Beggar Members 90,766
12.2 Amount Disbursed (Cumulative) 2.25
12.3 Amount Repaid (Cumulative) 1.72
12.4 Amount of Savings (Balance) 0.11
13.0 Cumulative Number of Village Phones 386,089
14.0 Cumulative Number of Houses Built with Housing Loans 683,847
15.0 Life Insurance Fund (Cumulative)
15.1 No. of Deaths Among all Borrowers 127,490
15.2 Amount paid out from Life Insurance Fund 4.52
16.0 Loan Insurance
16.1 Balance in Loan Insurance Savings 83.39
16.2 No. of Deaths Among Insured Borrowers (Cumulative) 167,416
16.3 Amount of Outstanding Principal and Interest of the Deceased Borrowers paid out from Insurance Fund (Cumulative) 20.74
17.0 Higher Education Loan (Cumulative)
17.1 No. of Female Students 10,074
17.2 No. of Male Students 34,914
17.3 Total : 44,988
17.4 Amount Disbursed (Female) 5.87
17.5 Amount Disbursed (Male) 20.55
17.6 Total : 26.41
18.0 Scholarship (Cumulative)
18.1 Scholarship Recipient (Female) 66,476
18.2 Scholarship Recipient (Male) 47,774
18.3 Total : 114,250
18.4 Scholarship Amount (Female) 1.31
18.5 Scholarship Amount (Male) 0.96
18.6 Total : 2.28
19.0 Number of Members (g)
19.1 Female 7,980,581
19.2 Male 295,913
19.3 Total : 8,276,494
20.0 Number of Groups 1,275,152
21.0 Number of Centres 145,087
22.0 Number of Villages 81,362
23.0 Number of Branches 2,564
24.0 Number of Branches with Computerized Accounting and MIS 2,563

(a)
On the last day of each month, 50 per cent provision is made against the outstanding amounts of flexible loans with age of less than two years, and 100 per cent provision is made against the outstanding amounts of flexible loans with age of two years and more. The amount of a flexible loan which completes the third year is written off exactly on the date following its completion.
(b)
This figure is not exactly equal to the difference between items 1 and 2 because of difference in conversion rates.
(c)
Amount repaid as a percentage of amount due.
(d)
If a borrower misses ten consecutive instalments, the entire outstanding loan is treated as an overdue loan.
(e)
On the last day of each month, 100 per cent provision is made against all overdue loans. Entire outstanding amount of overdue loans are written off one year after they become overdue.
(f)
In case of one-year loan, if the borrower fails to repay half the loan amount, with interest, within 26 weeks, entire unrepaid amount becomes overdue. In case of loans with longer duration, if the borrower fails to repay the total principal amount and interest scheduled to be repaid within each segment of 26 weeks, entire unrepaid amount falls overdue.
(g) Number of members includes both Beggar Members and Higher Education Loan recipients mentioned in item no. 12.1 & 17.3 respectively

Note: Current Exchange Rate : 1 US$ = Taka 69.30

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