Bangladesh Development Bank PLC
Profile
- Total assets
- ৳64,570,000,000
- Deposits
- ৳30,000,000,000
- Gross NPL
- 42.46%
- CRAR
- — (n/a)
- Net profit
- —
- Chairman
- Ahmed Ismet
- MD/CEO
- Md. Jashim Uddin
- Rating
- —
BDBL remains under active merger consideration with Sonali Bank following MoU signed May 2024; as of February 2026 a Medium analysis confirmed the merger trajectory; the Bank Resolution Act 2026 (successor to Bank Resolution Ordinance 2025) gives BB authority to enforce the consolidation. BDBL had formally requested a merger waiver in September 2024 due to a depositor-confidence crisis, but the nine-SOCB consolidation framework under BB Governor Ahsan H Mansur and now under the new government keeps BDBL in scope.
Recent activity
- 2026-02-17 policy BNP-Tarique government sworn in; banking reform agenda including SOCB consolidation remains active under new administration.
- 2026-03-01 policy Bangladesh Bank nine-SOCB consolidation plan announced: all nine state-owned banks to be merged into two large entities; BDBL included in scope as acquisition target for Sonali Bank. ↗
Provenance & notes
Operations formally began 2010-01-03 (vendors agreement executed 2009-12-31). Employee count of 651 from Wikipedia; Banglapedia (2020 data) shows 748; TBS merger coverage (2024) says 'around 600'. Using Wikipedia figure as most recent available. Total assets of BDT 64.57 billion from Wikipedia; Banglapedia 2020 data shows BDT 55.37 billion; direction of travel consistent with modest growth. Deposits of ~BDT 30 billion and loans of BDT 23.13 billion are as of December 2023 per Prothom Alo. NPL of BDT 9.82 billion (42.46%) confirmed by both TBS and Prothom Alo citing December 2023 figures. Paid-up capital BDT 4 billion and authorized capital BDT 10 billion confirmed across Banglapedia, Bangladesh Bank, and BDBL portal. MD Jashim Uddin appointment from November 2024 (predecessor Habibur Rahman Gazi's appointment was cancelled 2024-09-19). Chairman Ahmed Ismet confirmed at 51st branch inauguration January 2025. Branch count of 51 confirmed by the Chitalmari, Bagerhat branch opening on 2025-01-16. Rating data unavailable; BDBL has a credit rating report for 2023-2024 on its website (bdbl.com.bd/site/notices/73d5a292-...) but SSL certificate issues prevented direct retrieval. DSE listing: not listed. total_assets_bdt figure requires verification against audited FY2023 annual report; Wikipedia does not cite a date for the BDT 64.57 billion figure.
Sources
- https://en.wikipedia.org/wiki/Bangladesh_Development_Bank
- https://en.banglapedia.org/index.php/Bangladesh_Development_Bank_Limited
- https://en.prothomalo.com/bangladesh/local-news/jd2t6rtxbj
- https://theholidaypost.com/bdbl-51st-branch-opened-at-chitalmari-bagerhat/
- https://www.tbsnews.net/economy/banking/sonali-bank-and-bdbl-sign-mou-merger-849051
- https://www.tbsnews.net/economy/banking/bdbl-be-merged-sonali-bank-krishi-bank-take-over-rakub-822921
- https://www.thedailystar.net/business/economy/news/bdbl-be-merged-sonali-bank-rakub-krishi-bank-3582336
- https://today.thefinancialexpress.com.bd/last-page/bdbl-wont-merge-with-sonali-bank-1726854576
- https://medium.com/@aziz.shafqat.95/bangladeshi-bank-mergers-a-high-stakes-gamble-f3744eacddb4
- https://www.tbsnews.net/economy/banking/govt-plans-merger-state-owned-banks-two-strengthen-governance-bb-governor-1340061
- https://bdbl.com.bd/