Agrani Bank PLC

The bank is currently focused on addressing a high volume of non-performing loans through strategic recovery efforts and improved internal governance.

Agrani Bank was formed on 26 March 1972 by nationalising and renaming the Dhaka offices of Habib Bank Limited and Commerce Bank Limited under President's Order No. 26 of 1972; it was corporatised as a public limited company on 17 May 2007 under the Companies Act 1994 with the Government of Bangladesh as the majority shareholder. Staff count: Banglapedia records 11,389 as of 2020 (9,926 officers + 1,463 support staff); current figure is estimated at approximately 14,000 based on branch expansion to 979 branches (up from 960 as of Banglapedia data) but no verified post-2020 headcount was found in primary sources -- treat staff_count as approximate. Chairman Syed Abu Naser Bukhtear Ahmed (FID circular September 3, 2024, three-year term) and CEO Md. Anwarul Islam (FID circular October 21, 2024, joined November 3, 2024, three-year term) were both appointed by the interim government after it cancelled all state-bank contractual appointments in August-September 2024 following the political transition. NPL figures: end-2025 NPL of Tk 28,616 crore at 35.52% is sourced from New Age (February 6, 2026) cross-checked against TBS and Bonikbarta reports; end-2024 figure of Tk 32,002 crore at 40.49% is consistent across multiple outlets. Capital adequacy ratio of 1.97% and capital shortfall of ~Tk 4,685 crore (end-2024) from Bonikbarta; the ~Tk 5,000 crore figure cited in later TBS reports reflects Q3 2025 position. BASIC Bank merger into Agrani: announced by BB Governor (TBS, April 2026) as part of nine-SOB consolidation plan; no binding legal instrument or timeline issued as of May 17, 2026. Remittance ranking (first among SOBs, second among all banks for 2024 performance) sourced from 'Top Ten Remittance Silver Award 2025' ceremony on January 11, 2025. Five subsidiaries: Agrani Equity and Investment (merchant bank), Agrani SME Finance PLC, Agrani Exchange House (Singapore), Agrani Remittance House SDN BHD (Malaysia), Agrani Exchange Canada Inc.