Dutch-Bangla Bank Company Profile

Dutch-Bangla Bank is a renowned private commercial bank in Bangladesh. It was established in 2007.

The bank's inception was a result of the vision of the Dutch-Bangla Bank Group, which aimed to provide innovative financial services to the people of Bangladesh.

Dutch-Bangla Bank's headquarters is located in Dhaka, the capital city of Bangladesh.

Dutch-Bangla Bank reports its earnings results on a quarterly basis.

The bank released its earnings results for the third quarter and nine months ended September 30, 2024, on October 30.

Here are the key dates for Dutch-Bangla Bank's earnings releases:

Dutch-Bangla Bank PLC has reported its earnings results for the third quarter and nine months ended September 30, 2024.

The bank's earnings results for the second quarter and six months ended June 30, 2024, were also notable, highlighting the financial institution's ongoing performance.

Here are some key dates related to Dutch-Bangla Bank PLC's earnings reports:

Valuation is a crucial aspect of understanding the financial health of a company. Dutch-Bangla Bank PLC's valuation metrics are quite impressive, with a market capitalization of 52.46B.

The P/E ratio is a key indicator of a company's valuation. In 2022, Dutch-Bangla Bank PLC had a P/E ratio of 7.69x, while in 2023, it dropped to 5.51x.

Enterprise value is another important metric that measures a company's total value. In 2022, Dutch-Bangla Bank PLC's enterprise value was 43.22B.

Here's a breakdown of the P/E ratio and enterprise value for Dutch-Bangla Bank PLC:

The free-float percentage indicates the percentage of a company's outstanding shares that are available for trading. Dutch-Bangla Bank PLC has a free-float percentage of 27.74%.

Yield is another important metric that measures the return on investment. In 2022, Dutch-Bangla Bank PLC's yield was 2.8%, while in 2023, it increased to 2.96%.

Sales by activity is a crucial aspect of a bank's financial performance. Dutch Bangla Bank's sales by activity show a significant increase in retail banking, with sales reaching 20.14 billion in 2023.

Retail banking sales have been steadily increasing over the years, from 16.12 billion in 2020 to 20.14 billion in 2023. This growth is likely due to the bank's focus on expanding its customer base and offering more services.

Corporate banking sales have been relatively stable, ranging from 3.82 billion to 4.85 billion between 2020 and 2023. This suggests that the bank's corporate clients have been maintaining a consistent level of activity.

SME banking sales have also seen growth, increasing from 2.18 billion in 2020 to 3.17 billion in 2023. This is likely due to the bank's efforts to support small and medium-sized enterprises in Bangladesh.

Here is a breakdown of the bank's sales by activity for 2020 and 2023:

Financial inclusion sales have also seen significant growth, increasing from 2.02 billion in 2020 to 3.12 billion in 2023. This is a positive trend for the bank's efforts to expand financial services to underserved populations.

Dutch-Bangla Bank has a strong corporate governance structure in place, which is evident from its Board of Directors being led by a Chairman and consisting of 11 other members.

The Bank's Board of Directors is responsible for setting the overall direction and strategy of the organization, while also ensuring that it operates in accordance with the laws and regulations of Bangladesh.

Dutch-Bangla Bank's Board of Directors is composed of experienced professionals with a deep understanding of the banking industry and the local market.

The Executive Committee is responsible for making key decisions and overseeing the overall direction of the company. This team is comprised of top executives who bring their expertise and experience to the table.

At Dutch Bangla Bank, the Executive Committee includes Abul Kashem Mohammed Shirin, who has been the CEO since October 31, 2016, at the age of 64. He brings a wealth of experience to the role, having been with the company for many years.

The Director of Finance/CFO, Mohammed Shahid Ullah, has been with the company since December 31, 2020. Unfortunately, his age is not publicly disclosed.

Abul Kashem Mohammed Shirin is the longest-serving member of the Executive Committee, having been with the company for over 6 years. He is responsible for setting the overall strategy and direction of the bank.

Here is a list of the current members of the Executive Committee:

The Executive Committee plays a vital role in ensuring the success and growth of Dutch Bangla Bank. Their collective expertise and experience enable them to make informed decisions that benefit the company and its stakeholders.

The Board of Directors plays a crucial role in the decision-making process of Dutch Bangla Bank. The Chairman, Abedur Rashid Khan, has been serving in this position since 2008 and is 74 years old.

The bank has a total of 5 directors, including the Chairman. Sayem Ahmed is another Chairman, who has been in the position since 2014 and is 39 years old.

Abul Kashem Mohammed Shirin is the CEO of the bank and also serves as a Director on the Board. He is 64 years old and has been in the CEO position since 2016.

The Board of Directors also includes Mohammed Shahid Ullah, the Director of Finance/CFO, who has been in the position since 2020. Yuen Ha Tang and Ekramul Haque are two other directors who are 68 and 79 years old, respectively.

Here is a list of the Board of Directors:

Our company, GreenTech Inc., is a relatively small business with a flat organizational structure. It has a total of 50 employees.

The company's headquarters is located in downtown Los Angeles, California. This location provides easy access to major transportation hubs and a large pool of skilled workers.

GreenTech Inc. was founded in 2010 by John Lee, a successful entrepreneur with a passion for sustainable energy solutions.

DBBL is one of the top four banks in Bangladesh, focusing on corporates and SMEs.

The bank has a vast ATM network, providing a large outreach to its customers.

DBBL has played a pioneering role in Corporate Social Responsibility since 2001.

FMO's investment in DBBL supports the strategy of creating greater access to finance, particularly for SMEs.

DBBL has become the largest bank donor in Bangladesh, making a significant impact on the country's social landscape.

Dutch-Bangla Bank has a rich history of financial reporting, with earnings results spanning multiple years.

The bank's name change from Dutch-Bangla Bank Limited to Dutch-Bangla Bank PLC was announced on November 27, 2023.

Dutch-Bangla Bank PLC has consistently reported its earnings results, with the first quarter of 2024 results being released on April 28, 2024.

The bank's financial aid initiatives, such as the one provided by CWAB (Community Welfare Association Bangladesh) in May 2020, demonstrate its commitment to supporting disadvantaged communities.

Here's a summary of the bank's earnings results for the last few years:

Dutch-Bangla Bank Limited started operation in Bangladesh as the country's first joint venture bank. It focuses on financing high-growth manufacturing industries to export Bangladeshi products worldwide.

The bank's core business is trade financing, and it also extends short and medium-term loans to industrial undertakings on a limited scale. It has introduced innovative products like commission-free remittance, the 'Money Plant' scheme, and small credit facilities for shop owners.

The bank's authorized capital is 4000 million Taka, while its paid-up capital is 2000 million Taka. This is a significant investment in the bank's operations.

Here's a breakdown of the bank's deposits over the years:

The bank's total assets have also increased significantly, reaching 472355 million Taka in 2020.