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Sonali Bank PLC

socb · partial (verified 2026-05-18)

Profile

Total assets
—
Deposits
৳1,790,000,000,000
Gross NPL
15.51%
CRAR
— (n/a)
Net profit
৳13,130,000,000
Chairman
Muhammed Mahbubur Rahman
MD/CEO
Md. Shawkat Ali Khan
Rating
AAA

Sonali Bank closed 2025 with record operating profit (Tk 8,017 crore) and net profit (Tk 1,313 crore), and for the first time in years eliminated its capital shortfall to post a Tk 83 crore surplus. NPL ratio fell to 15.51% (provisional December 2025), the lowest among SOCBs, down from 18.20% in 2024. The bank is one of two anchor institutions in BB's nine-SOCB-into-two consolidation plan announced January 2026. Chairman Mohammad Muslim Chowdhury resigned March 2, 2026; the role is now held on current-charge basis by Muhammed Mahbubur Rahman. The bank remains ineligible for dividend payouts under BB policy due to NPL ratio above 10%.

Recent activity

Provenance & notes

Verification status 'partial': key figures verified from 2+ independent sources (net profit, operating profit, deposits, loans, NPL ratio, chairman change, MD appointment); total_assets_bdt not in any 2025 press reports (Wikipedia shows Tk 1,981 billion for 2023 but that is outdated); capital_adequacy_ratio_pct stated as 'above 10%' by MD in Jan 2026 but exact figure not disclosed in press. chairman_since not confirmed: Muslim Chowdhury resigned 2026-03-02 (appointed 2024-08-28 per TBS); Mahbubur Rahman holds current-charge basis as of April 2026 board meeting; exact appointment date not found in sources. ATM count of 238 sourced from Sonali Bank ATM location page as of May 2026 per banksbd.org summary. rating_as_of not confirmed: CRISL credit-rating page at sonalibank.com.bd lists reports through 2024-25 fiscal year but PDF retrieval returned binary content; AAA (government-supported entity) rating from CRISL confirmed in older rating schedule; 2024-25 validity cited in earlier search results as 'up to 29 June 2026' for AA-/ST-2 on commercial basis. NPL in BDT (Tk 16,250 crore = BDT 162,500,000,000) from TBS report on capital surplus; NPL ratio 15.51% cited in multiple sources. Deposits Tk 1.79 lakh crore and loans Tk 1.04 lakh crore from TBS summary of 2025 results. Paid-up capital Tk 4,530 crore (BDT 45,300,000,000) and authorized capital Tk 6,000 crore confirmed by sonalibank.com.bd/profile.php and Banglapedia. Employee count 18,187 from official profile page. Branch count 1,234 from official overview page (includes 2 overseas branches in Kolkata and Siliguri, India). Government ownership 100% confirmed across Wikipedia and Banglapedia. Bangla name: 'সোনালী ব্যাংক পিএলসি' confirmed per official site and search. Legal basis: Banks (Nationalisation) Order 1972 + Bank Companies Act 1991 confirmed by Wikipedia and overview page. DSE listing: not listed (government 100% ownership). BDBL merger MoU signed May 2024 but BDBL resistance noted in September 2024; superseded by nine-SOCB-into-two plan announced January 2026.

Sources