NRB Bank PLC

NRB Bank PLC

DDSE:NRBBANK
6.90
BDT
0.00
(0.00%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Tarek Reaz Khan
Sector
Finance
Industry
Regional banks
Address
Dhaka Bangladesh
IPO Date
Feb 27, 2024
Business
NRB Bank PLC is a Bangladesh-based commercial banking institution that provides a broad spectrum of conventional, Islamic, and non-resident banking services to retail, small and medium-sized enterprise (SME), and corporate clients. The bank organizes its operations through specialized segments, including Retail Banking, Corporate and Institutional Banking, SME and Agricultural Finance, Islamic Banking, Non-Resident Bangladeshi (NRB) Banking, Treasury Operations, and Offshore Banking. Its comprehensive product and service portfolio includes deposit products, such as savings accounts, current accounts, fixed deposit receipts, recurring deposit schemes, and foreign currency accounts; lending and financing solutions, such as personal loans, home mortgages, auto loans, working capital loans, project finance, syndicated facilities, term lending, and specialized credit for women entrepreneurs; trade finance services, including letters of credit, documentary collections, export financing, and bank guarantees; card products, comprising dual-currency credit, debit, and prepaid cards; and digital banking services, including the NRB Click internet banking platform, mobile banking, agent banking outlets, automated teller machines (ATMs), and electronic fund transfers. The bank places strategic emphasis on serving expatriate Bangladeshis by providing inward foreign remittance processing, Non-Resident Foreign Currency Deposit (NFCD) accounts, Resident Foreign Currency Deposit (RFCD) accounts, Non-Resident Investor Taka Accounts (NITA), and investment facilitation for government wage earner development bonds. In recent corporate developments, the bank completed its Initial Public Offering (IPO) and formally listed its shares on the Dhaka Stock Exchange and Chittagong Stock Exchange in 2024 to strengthen its capital base and support loan portfolio expansion. In addition, the institution completed its corporate re-registration as NRB Bank PLC, expanded its agent banking and sub-branch network across Bangladesh, and entered into strategic remittance and technology partnerships with international money transfer operators and domestic payment networks to modernize its cross-border transfer capabilities and digital infrastructure. NRB Bank PLC was founded in 2013 and is headquartered in Dhaka, Bangladesh.