A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a state or formal monetary union and oversees its commercial banking system. Bangladesh Bank issued a directive on 4 April 2020 stating that banks will not charge any late payment fee/charge/penal interest/additional revenue or any other fee/charge due to delayed credit card bill payment from 15 March 2020 to 31 May 2020.

1. Responses to Commercial Bank during Pandemic Situation (COVID-19)

2. Mohammad Rahmatullah ID: 182006031
Nooshin Tabassum Orthee ID: 153006021
Khadiza Tul Kubra ID: 171006040
Md. Rakibul Hassan ID: 171006004
Samia Rahman ID: 173006058
Ishrah Binte Razzaque ID: 181006007
Mohammad Rahat Khan ID: 163006008
Md. Riaz Mahmud Bappy ID: 181006035

3.  Concept of Central Bank
 Role of Central Bank
 Central Bank’s Customer Awareness
 Central Bank Typical Respond to the Covid-19
 Respond of Bangladesh Bank on Pandemic Situation
 Interest Rate on Commercial Bank by Bangladesh Bank
 Justification on the Decision

4. A central bank is an independent national authority that conducts
monetary policy, regulatesbanks.
Most central banks are governed by a board consisting of its member
banks.
Central banks regulate theirmembers.
Central banks affect economic growth by controlling the liquidity in the
financialsystem.
Central banks serve as the bank for private banks and the nation's
government.

5. Regulating the economic activities facilitate flow of funds to promote
economicactivities.
Formulate and conduct monetary policy to generate maximum economic
benefits.
Retain balanced growth, stabilize the price level and control inflation.
Enhance foreign exchange earnings through favorable promotion of
foreigntrade.

6. Issue of Currency
Banker to Government
Credit Control
Exchange Control
Exchange Control

7. Control of Foreign Exchange
Control of Money Market
Monitoring Banking System
Development of Economy
Development of Living Standard

8. Customer Awareness of Bangladesh Bank
Customer Charter
Customer Obligations/
Bankers Rights
Customer Rights/ Bankers Obligations
Discloser of Current Interest Rate
Disclosure of latest schedule of charges, fee,
commission etc.
Notice of charges to term and condition.
Value added service.
Guarantor.
Discloser of other facts.

9. CONSUMER AWARENESS
PROGRAM

10.  Credit support
 Overview of the considerations.
 Provided substantial liquidity.
 Response world’s major central banks.
 Promoting central bank independence.
 Sizeable.

11. Monetary and fiscal authorities.
Reducing interest rates.
Lending freely.

12.  Economic stimulus measures
 Extension of usance period
 Reduction in Repo interest rate
 Buy-back government securities
 Promotion of payment service
 Remittance incentives
 360-day special repo

13.  Lack of good governance.
 The pressure of defaulting debt.
 Encourage investment activities.
 Agriculture, small and medium loans on easy terms.
 Interest Rate on Commercial Bank by Bangladesh Bank.

14. Lower interest rate on lending facilities the higher agricultural production
including fisheries and forestry.
Private enterprise will be facilitated and the GDP will highly grow
It will help to decentralized the economy
More job opportunities will be created
The transaction of money will be increased
More clients will be involved with the Banking service

15. Small private enterprise will be able to run their business
Commercial Banks will also get more clients
People who lose their job for pandemic have a hope to survive
On the other hand, The commercial Banks may face some
difficulties;
In operating Banking cost
Upgrading equipment to ensure safety
To increasing online transaction

16. Thank you all for
attention