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Meghna Bank PLC

pcb_conventional · partial (verified 2026-05-20)

Profile

Total assets
৳109,640,000,000
Deposits
৳86,840,000,000
Gross NPL
CRAR
— (n/a)
Net profit
৳465,000,000
Chairman
Uzma Chowdhury
MD/CEO
Syed Mizanur Rahman
Rating

Meghna Bank is under a reconstituted Bangladesh Bank-supervised board since March 2025 after board dissolution; Syed Mizanur Rahman as new MD from December 2025 aims to reach top 15 banks; NPL reportedly in single digits vs. sector average of 36%, and bank avoided the massive NPL spikes seen in S Alam/Salman-controlled peers.

Recent activity

Provenance & notes

Establishment: Meghna Bank incorporated 20 March 2013; banking operations commenced 21 April 2013 per Banglapedia. established_year set to 2013 (operational start). Authorized capital BDT 20,000 million (Tk 2,000 crore) per Banglapedia; paid-up capital was BDT 4,699 million (Tk 469.9 crore) as of 2018-2020 per Banglapedia; the 2024 paid-up capital figure was not found in a primary accessible source and is set to null to avoid guessing. Total assets BDT 109,640 million and deposits BDT 86,840 million and loans BDT 67,720 million for FY2024 derived from a search result summary referencing the bank's 2024 annual report data showing 31.4% asset growth from BDT 83,450 million in 2023; these figures are from secondary reporting and not cross-verified from the official audited PDF (which is binary and non-extractable). Net profit BDT 465 million approximately (Tk 46.5 crore) for FY2024 per search result citing The Banker Database and press sources noting ~40% profit decline from Tk 778 million in 2023; The Banker Database confirmed ROA 0.46% for 2024. NPL reportedly in single digits (below 10%) per multiple press sources; the exact FY2024 NPL ratio not confirmed from primary source — set to null. CAR not found from primary source — set to null. Chairperson history: (1) H.N. Ashequr Rahman was founder-chairman; (2) Kazi Ahsan Khalil appointed MD/CEO April 2024; (3) Bangladesh Bank dissolved the entire board on 12 March 2025; (4) reconstituted board elected Uzma Chowdhury chairperson on 16 March 2025; (5) Kimiwa Saddat had been acting MD/CEO after the board change; (6) Syed Mizanur Rahman appointed permanent MD effective 4 December 2025. Current chairman_since = 2025-03-16. Current MD Syed Mizanur Rahman since 2025-12-04. Branch count 51 per Wikipedia 2024 data; 74 branches/sub-branches combined per some operational descriptions; 51 set as branch count. ATM booths 18 own per Wikipedia; agent banking 18 per Wikipedia. Credit rating: CRAB is agency per annual report publication; actual rating grades not extractable from binary PDF. DSE listing: Meghna Bank is not listed on DSE as of 2026-05-20. verification_status=partial because (1) paid-up capital not confirmed for 2024, (2) NPL and CAR not confirmed from primary source, (3) CRAB rating grades not confirmed, (4) financial figures (assets/deposits/loans) are from secondary press sources referencing annual report and not independently cross-verified against the PDF.

Sources