What are the eligible collaterals in determining base for provision in Bangladesh?

Answer:

Following collateral will be included as eligible collateral in determining base for provision:

-100% of deposit under lien against the loan

-100% of the value of government bond/savings certificate under lien

-100% of the value of guarantee given by Government or Bangladesh Bank

-100% of the market value of gold or gold ornaments pledged with the bank.

- 50% of the market value of easily marketable commodities kept under control of  

   the bank

- Maximum 50% of the market value of land and building mortgaged with the bank

- 50% of the average market value for last 06 months or 50% of the face value,

   whichever is less, of the shares traded in stock exchange.