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Rajshahi Krishi Unnayan Bank

specialized · partial (verified 2026-05-18)

Profile

Total assets
—
Deposits
৳71,800,000,000
Gross NPL
16.00%
CRAR
— (n/a)
Net profit
৳29,800,000
Chairman
Dr Muhammad Ali
MD/CEO
Golam Murtuza
Rating
—

RAKUB reported its first profit in 37 years (Tk 2.98 crore, FY2023-24) and improved its NPL ratio to 16% (Tk 1,242 crore); however, it carries a capital shortfall of Tk 2,620.11 crore as of June 2025. The BKB-RAKUB merger approved in principle by BKB board in April 2024 remains stalled in FID review, with senior officials calling it a union of two deeply insolvent entities. As of April 2026, Golam Murtuza is MD.

Recent activity

Provenance & notes

Established 15 March 1987 per Wikipedia and Banglapedia; legal basis Ordinance No. 58 of 1986. Branch count 383 confirmed across multiple BSS articles and Banglapedia (2020). Employee count 3,992 from Banglapedia (2020 data); official RAKUB overview references 'authorized manpower' of 6,180 (3,888 officers + 1,454 employees) -- that is the sanctioned strength, not actual headcount; using actual 3,992. Authorized capital Tk 1,000 crore (Tk 10,000 million) and paid-up capital Tk 825 crore (Tk 8,250 million) confirmed via Banglapedia. Deposits Tk 7,180 crore and advances Tk 7,837 crore are FY2023-24 figures from the September 2024 board meeting (584th) and confirmed at April 2025 board meeting (591st). NPL Tk 1,242 crore at 16% ratio: FY2023-24 per 591st board meeting BSS article. Net profit Tk 2.98 crore: FY2023-24, first profit in 37 years per MD Niranjan Chandra Debnath at 584th board meeting September 2024. Capital shortfall Tk 2,620.11 crore as of June 2025 per Dhaka Tribune citing BB data. Chairman Dr Muhammad Ali appointed 22 October 2024 per New Age BD (New Age erroneously spells the bank 'RUKUB'). MD succession: Niranjan Chandra Debnath through at least September 2024 (584th meeting); Wahida Begum as MD by March 2025 (590th meeting) through at least July 2025 (divisional conference per bssnews.net/business/297469); Golam Murtuza as MD by April 22, 2026 (fire drill). Exact Golam Murtuza appointment date not found in public sources; using null for md_ceo_since. FY2024-25 loan disbursement target Tk 4,100 crore from 591st and 592nd board meeting reports. Total assets not independently confirmed for FY2023-24 (Banglapedia 2020 figure was Tk 7,749.59 crore; omitted as stale). CAR not publicly disclosed in recent press. The 'authorized capital' figure of Tk 1,000 crore (Banglapedia) vs Tk 10,000 million is identical (1 crore = 10 million BDT); stored as BDT 100,000,000,000. Sub-branch count, ATM count, agent banking outlets not found in available sources.

Sources