Shimanto Bank PLC

Shimanto Bank PLC is 100% owned by the Border Guard Bangladesh Welfare Trust (BGBWT), which is the welfare arm of Border Guard Bangladesh (BGB), a paramilitary force. The bank is not listed on DSE or CSE; the Bangladesh Securities and Exchange Commission had in prior years requested IPO preparations, but as of May 2026 the bank remains unlisted. License date July 21, 2016 and inauguration September 1, 2016 per official About Us page. Branch count 27 and sub-branches 8 per official board-of-directors page (data as of July 2025, used as proxy for December 2024 given no separate December 2024 figure found). ATM count: Wikipedia states 34; official About Us page states '40+'; using 34 from Wikipedia as that is a specific number with a stated date (July 2025). Employee count not publicly disclosed. Paid-up capital BDT 5,000 million (BDT 5 billion) confirmed by chairman's message for December 31, 2024. Authorized capital BDT 10,000 million per search sources (Wikipedia, Banglapedia-equivalent entries). The 5% stock dividend approved at the 9th AGM (July 2025) would increase paid-up capital to BDT 5,250 million post-issuance, but the December 31, 2024 balance sheet figure is BDT 5,000 million. Total deposits BDT 25,338.89 million and loans BDT 20,341.28 million from chairman's message (June 10, 2025), which explicitly states these as December 31, 2024 figures. Total assets: not directly stated in any retrieved source; ROA of 1.36% and distributable profit of BDT 257.03 million (stated as after-reserve distributable amount, not necessarily identical to net profit after tax) do not allow precise derivation of total assets -- set to null rather than guess. Net profit after tax: not separately disclosed in retrieved sources -- distributable profit 257.03 million is post-statutory-reserve; net profit would be higher but exact figure not retrieved; set to null. CAR 39.78% confirmed by chairman's message (Basel III, December 31, 2024). ROA 1.36% and ROE 7.32% from same chairman's message source. NPL data: not found in any public source retrieved; set to null. Chairman Maj Gen Ashrafuzzaman Siddiqui elected March 12, 2024 per TBS News article (board meeting confirmed, date stated). MD Nurul Azim appointed February 3, 2026, per multiple press sources. No public credit rating found -- unlisted banks in Bangladesh are not required to obtain external ratings for capital computation, and Shimanto has not disclosed one. Foreign ownership 0.0% since the bank is 100% owned by BGBWT (government-adjacent welfare trust); government_ownership_pct set to null because BGBWT is a trust, not a government ministry or entity -- technically classified under institutional/sponsor holding. verification_status=partial because: (1) total assets not retrieved from primary source, (2) NPL not found, (3) employee count not found, (4) ATM count has conflicting signals (34 vs 40+).