Next steps
Bank Watch
Source: BDPolicyLab Watch record and cited public sourcesAs of 2026-07-05
The bank is currently facing a leadership transition challenge following the unexpected resignation of its Managing Director-designate.
Board meeting approved 2025 audited financial statements and recommended a cash dividend.
Managing Director (Current Charge) Kimiwa Saddat resigned from his position.
Shareholders approved 2025 audited financial statements and cash dividend at the 7th AGM.
Bank observed International MSME Day 2026 across its branch network.
Partial record: net profit, ROA, ROE not obtained from primary source (FY2024 annual report not accessible in text form; FY2025 audited financials approved at 75th board meeting but not yet published). Total assets proxied from Basel-III leverage ratio on-balance-sheet exposure figure (BDT 74,213 million solo, Dec 2024) which follows accounting-measure-of-exposure methodology. Total loans derived from disclosed NPL amount (BDT 1,613 million) divided by NPL ratio (3.08%) = BDT 52,370 million. Deposits of BDT 62,740 million are the Dec 2024 figure reported in NewAge (July 2025); May 2025 figure was BDT 68,940 million. Agent banking outlet count and employee count not found in accessible primary sources. Rating valid until 2026-05-18 implies CRISL surveillance review due imminently. IGP-chaired governance: new IGP (BNP era, Feb 2026) automatically becomes chairman per trust structure; no sign of policy mandate change. [2026-06-08 audit correction] MD Kimiwa Saddat resigned ~14 May 2026 before taking full charge; MD set to vacant pending appointment.
Source: 10 primary source linksAs of 2026-07-05