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6 articles.
Bangladesh All Bangladesh research →
Company · DSE:STANDBANKL · Banks (Islamic) · Analysis · 01 Nov 2026
Standard Islami Bank: a 29.9% NPI, a BDT 59bn deferred provision gap and a Q3 2026 loss
Bangladesh Bank let the bank close 2025 without booking BDT 59.0bn of required provisions, three times its BDT 18.9bn equity. Net investment income fell to almost zero in 2025, turned negative in H1 2026, and the bank reported a loss per share of BDT 1.43 for Q3 2026.
Company · DSE:ISLAMIBANK · Banks (Islamic) · Analysis · 31 Oct 2026
Islami Bank Bangladesh: 49.65% of investments classified and a BDT 846.2bn provision shortfall; bank equity BDT 69.6bn
Classified investments reached BDT 943.2bn at December 2025, and Bangladesh Bank permitted the bank to finalise its 2025 accounts without the BDT 846.2bn provision adjustment. CRAR is 6.42%, deposits fell 8.8% in the nine months to September 2026, Bangladesh Bank took a series of board actions and the shares moved to the Z category.
Company · DSE:SHAHJABANK · Banks · Initiation · 31 Oct 2026
A 74% Mudaraba payout and 4.5% NPI support fair value BDT 9–25; 2026 cash dividends are barred
Fair value range BDT 9–25 (base 16) against a price of 17.3, from residual income on adjusted book. Deposit share gains, the Q4 provisioning habit and the Tk2,000 crore dividend rule decide value.
Fair value ৳9–25 · price ৳17.30 (2026-10-29)
Company · DSE:PUBALIBANK · Banks · Initiation · 31 Oct 2026
Pubali Bank: fair value range BDT 17–39; bonds earned about BDT 12.3bn net of funding in FY2025 against 32bn from lending
Fair value range BDT 17–39 (base 30); the price of 42.9 is above the range. Deposits grew 21% in nine months and went into government bonds; yields on those bonds, rescheduled loans and the Tk2,000 crore cash-dividend rule decide value.
Fair value ৳17–39 · price ৳42.90 (2026-10-29)
Company · DSE:PRIMEBANK · Banks · Initiation · 31 Oct 2026
Prime Bank: bonds earn 34% of gross income and falling yields set value; fair value BDT 7–39
Fair value BDT 7–39 (base 25) against a price of 29.4. Bond yields decide which end; a new rule bars cash dividends until paid-up capital reaches Tk2,000 crore.
Fair value ৳7–39 · price ৳29.40 (2026-10-29)
Company · DSE:ALARABANK · Banks (Islamic) · Analysis · 29 Oct 2026
Al-Arafah Islami Bank: BDT 53.9bn of deferred provisions exceed its BDT 24.2bn equity as the founding sponsors return
Classified investments reached 17.5% of the book in 2025 and Bangladesh Bank let the bank defer a BDT 53.9bn provision shortfall; booked equity is BDT 24.2bn, CRAR 10.72% against 12.5%, and no dividend is allowed for 2025.