Padma Bank PLC

DISTRESSED BANK — handle with care. All financials are as of June 30, 2025 (most recent disclosed in Bangladesh Bank diagnostic and board presentations), not FY2024 audited figures; FY2024 audited financials are not publicly available. Established 2013 as Farmers Bank Limited; renamed Padma Bank January 29, 2019 per Bangladesh Bank directive; established_year set to 2013 (original incorporation). Paid-up capital BDT 11,160,000,000 (Tk 1,116 crore): original BDT 4,010,000,000 at founding plus BDT 7,150,000,000 injected by SOCBs and ICB in 2018-2019 per Banglapedia and Bonikbarta reporting. Government ownership 68%: four SOCBs (Sonali, Janata, Agrani, Rupali) plus ICB collectively; individual institutional splits not publicly disclosed. CEO Kazi Md. Talha is 'current charge' (acting) with no confirmed permanent appointment date found; appointment as Additional MD noted in New Age article (bssnews.net/business/165073). Chairman Md. Shawkat Ali Khan, also MD and CEO of Sonali Bank; appointment date not precisely verified from primary source. Branch count 60 with 14 sub-branches per official website (padmabankbd.com); earlier Banglapedia figure (2021) was 57 branches. Agent banking: 6 outlets per official website. Employee count approximately 1,600 per Wikipedia (2023 update); earlier figure was 1,200 (2021). Total deposits Tk 6,347 crore = BDT 63,470,000,000; total loans Tk 5,598 crore = BDT 55,980,000,000; NPL Tk 5,131 crore = BDT 51,310,000,000 (91.66%): all from TBS and Daily Star reporting citing BB diagnostic data as of June 2025. Negative equity Tk 4,533 crore (BDT 45,330,000,000); accumulated losses Tk 6,099 crore (BDT 60,990,000,000); capital shortfall Tk 4,965 crore (BDT 49,650,000,000): from Bonikbarta English article citing board presentation to BB (March 2026). 43 government bodies have approximately BDT 25,000,000,000 trapped in deposits per same source; includes BDT 8,990,000,000 from Bangladesh Climate Change Trust. ICB suing to recover Tk 920 crore (BDT 9,200,000,000) FDRs. EXIM merger MoU signed March 2024, cancelled December 24, 2024. Bank Resolution Ordinance 2025 provides legal basis for BB takeover or liquidation; no formal decision issued as of May 2026. BB Governor Ahsan H Mansur was replaced by Md Mostaqur Rahman FCMA (appointed February 2026 per BNP-led administration). is_listed_dse=false: Padma Bank is not publicly listed on DSE. rating: none assigned; bank is unrated. Total assets figure not independently confirmed from audited balance sheet; the negative equity position implies total assets are less than total liabilities (deposits Tk 6,347 crore alone exceed total assets implied by capital shortfall). verification_status=partial due to: total assets not confirmed from audited statement, authorized capital not found, chairman appointment date not from primary source, and several financial figures from press reports citing BB internal documents rather than audited financials.