Batch User Guide produced by CRIF - Janata Bank

3 FREQUENTLY ASKED QUESTIONS ON DATA
CONTRIBUTIONS
3.1 WHO MUST SEND DATA VIA THE PERIODICAL CONTRIBUTION
As indicated above, all FIs regulated by Bangladesh Bank must contribute to the periodical
contribution.
Please note, only one contribution per FI is accepted. FIs with multiple branches, therefore, must
collect and compile information from all branches, and provide a unified contribution each month.
3.2 WHAT IS THE PERIODICITY OF CONTRIBUTION
The batch contribution must be sent monthly. All data for each month must be sent by the 20 th
of the following month, regardless of holidays and bank closing. While the deadline is the 20 th ,
Banks and FIs, however, should try their best to send the data as early as possible in the month
(by the 5 th should be ideal). The earlier the data is sent, the more updated is the database, and
the more valuable is the information for banks themselves.
3.3 WHAT DATA MUST BE INCLUDED IN THE CONTRIBUTION
The FI must send the following information to CIB during each contribution:
SUBJECT DATA: data relating to ALL Borrowers, Co-Borrowers or Guarantors (irrespective of
whether they are Individuals, Sole Interests, or Companies) for whom a contract over the
threshold (please see below) has been granted in the previous month (if the client data
have been never sent in previous contribution); data pertaining to Owners/Shareholders
of any of these subjects; and data related to links between Companies and their
Owners/Shareholder contributed.
CONTRACT DATA: data relating to all new contracts Granted, Refused or Renounced in the
course of the month prior to the monthly contribution where the total financed amount (for
instalment contracts) or the total Credit Limit (for credit cards and non instalment contracts)
are above 50,000 Thaka; as well as Link information between each Contract and the
Borrower, eventual Co-Borrowers, and eventual Guarantors; as well as Score information on
specific Subjects;
SUBJECT DATA UPDATE: data relating to any Subject already sent in previous monthly
contributions that have since changed. In this case it is necessary to send all the Subject
data and not only the modifications;
CONTRACT DATA UPDATE: data relating to all Living Contracts in the Bank‟s portfolio in the
preceding month, or those acquired from other FIs, where the total financed amount (for
instalment contracts) or the total Credit Limit (for credit cards and non instalment contracts)
are above 50,000 Thaka;. All Contract Data and not only the changes from the previous
must be sent. The FI must send an update of the contractual data every month, whether
such data has changed or not.
CONTRACT CLOSING: data relating to all Contracts that were closed (whether closed on time
as expected, or closed in advance) in the preceding month. All Contract Data and not only
the changes in status must be sent.
The types of credit lines for which data must be sent to CIB are detailed in table 5.4.21.
8 of 92