← Bank Watch

Modhumoti Bank PLC

pcb_conventional · partial (verified 2026-05-20)

Profile

Total assets
Deposits
Gross NPL
CRAR
— (n/a)
Net profit
Chairman
Humayun Kabir
MD/CEO
Md. Shafiul Azam
Rating

Modhumoti Bank passed the BDT 100 billion (Tk 10,000 crore) deposit milestone in February 2026. Its 2024 NPL was reported to be in the 0-5% range, placing it among banks with relatively low bad loans. However, the bank reportedly failed to qualify for dividend payouts due to elevated NPLs or provisioning deferral use (per press reporting on 2024 dividend ineligibility). Detailed FY2024 audited financials (total assets, net profit, CAR) were not accessible through public sources at the time of this record; the 2025 Basel III disclosure and 2025 audited financial statements are available on the bank's website but could not be extracted due to scanned-image PDF format.

Recent activity

Provenance & notes

Establishment: commenced banking operations 19 September 2013 per Wikipedia and official website; established_year set to 2013. Head office: Khandker Tower (Level-7 & 8), 94 Gulshan Avenue, Gulshan-1, Dhaka-1212 per contact page. Branch count 56 from official website branches page (as of May 2026 after inauguration of 56th branch at Birganj, Dinajpur); sub-branch count 6 from official sub-branch page (Banasree, Uttara Sector-12, Gopalgonj Eye Hospital + Kanaipur, Panchar, Chuknagar). ATM count 32 from banksbd.org data; confirmed elsewhere in search results but date of that figure uncertain; set as best available. Employee count not found in any public primary source; set to null. Paid-up capital BDT 4,520 million and authorized capital BDT 20,000 million from search results citing bank's incorporation documents (Tk 4,520 crore paid-up and Tk 20,000 crore authorized at inception; no confirmed update in recent years). Chairman Humayun Kabir and MD/CEO Md. Shafiul Azam confirmed from official board page and Wikipedia; chairman_since and md_ceo_since not found in public sources, set to null. Salahuddin Alamgir is Chairman of the Executive Committee (not the Board). Vice Chairman is Shaikh Salahuddin. Shahnawaj Chowdhury promoted to AMD in early 2026. DSE listing status: Modhumoti Bank does NOT appear in the DSE bank company listing at dsebd.org/companylistbyindustry.php?industryno=11 (37 banks listed, Modhumoti absent). Wikipedia's Category:Companies listed on the DSE mentions 'Modhumoti Bank' but this may be erroneous or the bank may have been listed and then delisted, or listed on OTC/SME board. No confirmed DSE ticker found; is_listed_dse set to null (uncertain). Financial data: FY2024 total assets, deposits, loans, net profit, NPL, CAR are all null because (1) the audited financial statements PDF (MMBPLC-Audited-Financial-Statements-2023.pdf and 2025.pdf) and annual report PDFs are scanned images not extractable by fetch tools, (2) no press articles with bank-specific FY2024 figures were found, and (3) the deposit milestone of Tk 10,000 crore confirms only deposit size (circa BDT 100 billion) as of late 2025/early 2026. The 2024 NPL is described as in the 0-5% range from a Daily Star report listing banks with low bad loans; could not confirm exact figure. The bank reportedly did not pay dividend for FY2024 per press reports on bank-wide dividend ineligibility. Basel III 2025 disclosure and 2025 audited statements are published on the official website but are scanned-image PDFs inaccessible to text extraction. Credit rating: A1 category per Wikipedia June 2021 reference; current rating as of 2026 not confirmed. verification_status=partial: bank profile data (branch, capital, management) largely confirmed; all financial metrics set to null due to inaccessible primary financial documents; DSE listing status uncertain; rating not current.

Sources