NRB Bank PLC

The bank is navigating financial pressure with an 18.1% NPL ratio and a significant provision shortfall.

Incorporation date 19 March 2013 from Banglapedia and EMIS; operations commenced 04 August 2013 from bank website and Wikipedia. NRB Bank is distinct from NRBC Bank (NRB Commercial Bank PLC); both are fourth-generation NRB-sponsored lenders, incorporated the same year, but are separate entities with separate DSE tickers (NRBBANK vs NRBCBANK). Paid-up capital BDT 6,905.87 million confirmed by DSE company page (690,587,200 shares × face value); authorized capital BDT 10,000 million from Banglapedia. Balance sheet figures (total assets BDT 97,873M, deposits BDT 74,389M, loans BDT 67,295M, equity BDT 8,744M) from stockanalysis.com citing FY2024 Dec 31, 2024 data; corroborated by SimplyWallSt which shows total assets BDT 103.7B (the BDT 97.9B vs 103.7B discrepancy is likely standalone vs consolidated perimeter — consolidated includes subsidiary NRB Bank Securities-PLC; BDT 97.9B is more likely standalone, BDT 103.7B is consolidated; using 97,873M as the more conservative standalone figure per stockanalysis.com). NPL 18.1% from SimplyWallSt financial health page as of Dec 31, 2024; consistent with Bonikbarta data showing NRB Bank scored 13.37/70 in Top Banks 2024 ranking and had a reserve shortfall of BDT 2.7 billion end-2024. Net profit BDT 76.94 million (EPS 0.11 BDT) from DSE company page and stockanalysis.com FY2024 income statement; represents a 90.3% YoY decline. ROA 0.08% from The Banker Database for the year ended 31 December 2024; ROE not found in any primary source. CAR not publicly disclosed in summary disclosures; bank's Basel III disclosures document exists (https://www.nrbbankbd.com/wp-content/uploads/2026/05/Disclosures-on-Risk-Based-Capital-Basel-III-2025.pdf) but PDF binary — CAR set to null. Branch count 53 branches, 44 sub-branches, 51 ATMs, 12 Islamic windows from nrbbankbd.com homepage (2026 data; 95 combined 'branches/sub-branches' from homepage statement). MD/CEO Tarek Reaz Khan since September 11, 2024. Chairman Iqbal Ahmed OBE DBA re-elected March 23, 2025 after board dissolved March 12, 2025; some controversy around Ahmed's reinstatement noted (The Finance Today investigative article). DSE listing February 27, 2024 (debut date); prior to this NRB Bank was unlisted. CRISL A+/ST-2 rating valid to 01 July 2026 confirmed from search result referencing BB ECAIs list for 2025-26. Verification status partial: CAR not confirmed from primary source; NPL figure from SimplyWallSt (secondary); full provision adequacy and exact classified-loan BDT amount not retrieved.