Bank Asia PLC

pcb_conventional · DSE: BANKASIA · partial (verified 2026-05-17)

Profile

Total assets: ৳535,312,000,000
Deposits: ৳413,653,000,000
Gross NPL: 8.78%
CRAR: — (n/a)
Net profit: ৳2,868,000,000
Chairman: Romo Rouf Chowdhury
MD/CEO: Sohail R K Hussain
Rating: AA1

Pursuing acquisition of Bank Alfalah's Bangladesh operations (Tk 580 crore, pending BB and SBP approval); strong deposit momentum (Tk 4,000 crore net growth in Q1 2026); planning Tk 1,000 crore Tier-II green bond; classified loan ratio exceeded 10% in 9M 2025 but provision coverage at 86.39%.

Recent activity

2026-02-17 other BNP-Tarique government sworn in; no direct regulatory change to Bank Asia reported but new political economy context applies to all PCBs.
2026-03-26 acquisition Bank Alfalah shareholders (96.5% majority at AGM) approved $47.5 million (Tk 580 crore) sale of Bangladesh operations to Bank Asia PLC; transaction pending Bangladesh Bank and State Bank of Pakistan regulatory approval. ↗
2026-04-12 acquisition Bank Asia PLC held 13th Extraordinary General Meeting (EGM) via digital platform; shareholders approved the proposed acquisition of Bank Alfalah's Bangladesh operations including transfer of assets, liabilities, rights, and obligations. ↗
2026-04-13 other Bank Asia PLC signed two agreements with SME Foundation for credit wholesaling: loans at 8% under Refinance Fund and at 9% under JICA-BIFFL for agro-based/food processing SMEs. ↗
2026-05-10 other Bank Asia PLC awarded top retail banking performers for Q1 2026 at Bank Asia Tower, Karwan Bazar; bank recorded Tk 4,000 crore net deposit growth in Q1 2026. ↗↗
2026-05-14 bond_issue Bank Asia PLC board approved plan to raise Tk 1,000 crore via a 7-year non-convertible floating-rate green sustainable subordinated bond (private placement) to strengthen Tier-II capital under Basel III. ↗↗

Provenance & notes

verification_status=partial: CAR and ROA/ROE for FY2024 not extracted from primary source (annual report PDF exceeded fetch limit); CAR of 14.82% reported for 9M 2025 but not confirmed for Dec 31, 2024. NPL of Tk 29,190 mn (8.78% of gross loans) sourced from press report citing Dec 2024 balance sheet. Paid-up capital of Tk 12,824.98 mn reflects post-bonus-issue figure (10% bonus share for FY2024) per DSE as of May 2026; pre-bonus paid-up capital was Tk 11,659.07 mn (1,165,906,860 shares at Tk 10). ATM count not publicly disclosed in machine-readable form. agent_banking_outlets figure of 5,059 is from Aug 2025 reference on bankasia-bd.com/agentbanking page. chairman_since is approximate month (August 2022 confirmed by MarketScreener/Wikipedia). EPS of Tk 2.14 (DSE audited 2024) computed on post-bonus share count of 1,282,497,546; stockanalysis reports Tk 2.24 EPS on pre-bonus share count. Net profit Tk 2,868 mn from stockanalysis cross-checked against press report of Tk 277 crore (=Tk 2,770 mn) -- minor discrepancy; Tk 2,868 mn used as it comes from audited financial data aggregator. Bank Alfalah acquisition pending regulatory approval as of verification date.

Bank Asia PLC

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