Eastern Bank PLC

Eastern Bank PLC maintains a strong financial position with an AAA credit rating, consistent profit growth, and stable capital management.

Incorporation date 1992-08-08 from Banglapedia (primary source); commenced operations 1992-08-16 per same source. Reorganised from BCCI Overseas Ltd Bangladesh operations. Paid-up capital BDT 16,436.87 million and authorized capital BDT 25,000 million from DSE live data (as of May 18, 2026); these are the most current primary-source figures. Ownership structure (Sponsor/Director 31.44%, Institute 42.33%, Public 25.56%, Foreign 0.67%, Government 0.00%) from DSE as of April 30, 2026. FY2025 financials: net profit Tk 901 crore (BDT 9,010 million), deposits Tk 55,645 crore (BDT 556,450 million), loans Tk 47,704 crore (BDT 477,040 million), NPL 2.24% standalone, CRAR 15.49% standalone, ROE 19.13%, EPS Tk 5.65 standalone per The Daily Corporate and TBS News. Total assets FY2025 year-end not confirmed from a primary source in absolute terms; Q1 2026 standalone total assets are Tk 76,961 crore (17% YoY growth) per Bangladesh Monitor/TBS reporting on Q1 2026 results. total_assets_bdt left null to avoid imprecision. Branch count 87 and ATM count 214 from Wikipedia cross-referenced with banksbd.org (85 count from banksbd.org branch lister may be slightly stale; Wikipedia gives 87); 2024 annual report summary cites 87 branches. Employee count ~3,000 from Wikipedia citing 2024 AR; actual headcount likely 3,000-3,200. Agent banking outlets: EBL has an agent banking operation but exact outlet count not confirmed in primary sources searched; left null. Sub-branch count not publicly disclosed in sources searched; left null. Chairman Md. Showkat Ali Chowdhury: elected June 7, 2018 (Dhaka Tribune archive), re-elected August 5, 2020 (TBS News); no subsequent chairman change found in searches through May 2026 -- still serving. chairman_since set to 2018-06-07 as first election date. MD/CEO: Ali Reza Iftekhar served from 2007 to April 18-19, 2026 (fifth consecutive term, retired on completion). Hassan O. Rashid took charge April 20, 2026 per multiple press reports (The Daily Corporate, New Age BD, Bangladesh Monitor); Bangladesh Bank regulatory approval date not separately confirmed but announcement date April 22 with charge-taking April 20 noted in articles. CRAB AAA rating: reaffirmed for third consecutive year per CRAB press and TBS News; valid to June 30, 2026 per Bangladesh Bank ECAI schedule (BB PDF retrieved date Dec 31, 2024). Moody's B2 with Negative outlook is a sector-wide Bangladesh banking rating, not an EBL-specific downgrade. rating_long_term and rating_agency reflect the domestic CRAB rating as the most operationally relevant. verification_status=partial because: (1) FY2025 total assets not confirmed in BDT from a primary source, (2) employee and agent banking figures from secondary/Wikipedia, (3) chairman_since exact date from archive article (not official EBL release), (4) CRAB rating renewal for 2026-27 cycle not yet confirmed as of 2026-05-18.