Social Islami Bank PLC.SIBLCategory A

News & announcements

• Sun, 28th December 2025 01:09 pm
  Reduction of entire Paid-up Capital to Zero by Order of Bangladesh Bank

  The company has informed that Bank Resolution Department of Bangladesh Bank (Central Bank of Bangladesh) issued Capital Reduction Order No. BRD/2025-1 dated December 21, 2025 for SIBL under Section 33 of the Bank Resolution Ordinance, 2025. In exercise of the powers conferred by Section 33(1) of the Ordinance, Bangladesh Bank has ordered and directed below issues through Capital Reduction Order No. BRD/2025-1 dated December 21, 2025: (cont.1)
• Sun, 28th December 2025 01:09 pm
  Reduction of entire Paid-up Capital to Zero by Order of Bangladesh Bank

  (Cont. News of SIBL): Capital Reduction: 1. The entire paid up capital of Social Islami Bank PLC amounting to BDT 1140.16 crore (One thousand one hundred forty crore and sixteen lac) only is hereby reduced to zero [Clause 1(A) of the Order]; 2. All related shares issued by the bank hereby stand fully written down and cancelled [Clause 1(B) of the Order]; 3. All associated shareholders' rights including voting, dividends, claims or remedies are extinguished [Clause 1(B) of the Order]. (cont.2)
• Sun, 28th December 2025 01:09 pm
  Reduction of entire Paid-up Capital to Zero by Order of Bangladesh Bank

  (Cont. News of SIBL): Effectiveness: 1. This Order will be effected immediately and shall be deemed effective from November 05, 2025 [Clause 2(A) of the Order]. 2. No approval or consent of shareholders, creditors, regulators, stock exchanges or any other person shall be required for the validity of this Order, pursuant to Section 33(2) of the ordinance [Clause 2(B) of the Order]. 3. The Administrator shall take all necessary steps to ensure that (cont.3)
• Sun, 28th December 2025 01:09 pm
  Reduction of entire Paid-up Capital to Zero by Order of Bangladesh Bank

  (Cont. News of SIBL): the bank's statutory records reflect this capital reduction and cancellation of shares, including filling with the Registrar of Joint Stock Companies and Firms (RJSC) and relevant authorities including BSEC, DSE, CSE, CDBL etc. [Clause 2(C) of the Order]. It is mentionable that as per above instruction, SIBL has taken all necessary steps to execute the above Order. (cont.4)
• Sun, 28th December 2025 01:09 pm
  Reduction of entire Paid-up Capital to Zero by Order of Bangladesh Bank

  (Cont. News of SIBL): Further to be informed that for the avoidance of doubt, the above mentioned Order will not be affected: The rights of depositors; The continuity of banking services; The powers of Bangladesh Bank to take any further resolution actions. (end)
• Thu, 6th November 2025 11:29 am
  Release from the duties of the Members of the Board of Directors

  The company has informed that Bangladesh Bank has taken Social Islami Bank PLC under the Bank Resolution as per the Section 15 of Bank Resolution Ordinance, 2025 and by exercising the power under the Section 45 and 47(5) of the Bank Companies Act, 1991, Bangladesh Bank has also released the members of the Board of Directors of the Bank from their duties vide a letter dated 5th November, 2025.
• Thu, 6th November 2025 10:04 am
  Suspension of Trading

  Trading of shares of Social Islami Bank PLC. shall remain suspended with effect from today, November 6, 2025 until further notice as Bangladesh Bank vide its letter No. BRD/6-Information(Government)/2025-540 dated November 5, 2025 has declared the bank as non-viable (okarjokar) with effect from November 5, 2025 in accordance with the section 15 of the Bank Resolution Ordinance, 2025.
• Thu, 30th October 2025 10:04 am
  Q3 Financials

  (Q3 Un-audited): Consolidated EPS was Tk. (10.94) for July-September 2025 as against Tk. (0.36) for July-September 2024; Consolidated EPS was Tk. (15.28) for January-September 2025 as against Tk. 0.14 for January-September 2024. Consolidated NOCFPS was Tk. (33.12) for January-September 2025 as against Tk. (35.78) for January-September 2024. Consolidated NAV per share was Tk. 2.87 as on September 30, 2025 and Tk. 19.38 as on September 30, 2024. (cont.)
• Thu, 30th October 2025 10:04 am
  Q3 Financials

  (Continuation news of SIBL): The Net Operating Cash Flow per share is negative mainly due to substantial cash outflow from deposit withdrawal during the period which exceeded the operating inflows. (end)
• Sun, 26th October 2025 11:24 am
  Board Meeting schedule under LR 16(1)

  As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 29, 2025 at 2:45 PM to consider, among others, Un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2025.
• Thu, 11th September 2025 10:05 am
  Clarification on recent news published in newspaper

  In response to a DSE query letter to the company regarding a news published in a newspaper titled "Three banks agree to merge, two oppose" on September 07, 2025, the company has informed DSE the following: "...we would like to inform you that as per schedule prescribed by Bangladesh Bank, the Board of Directors and Top Management of our bank met with the Governor of Bangladesh Bank and (cont.)
• Thu, 11th September 2025 10:05 am
  Clarification on recent news published in newspaper

  (Cont. news of SIBL): other high level Officials on 04.09.2025. Following the meeting, members of the Board and Top Management addressed Media regarding the issues of the meeting. During this interaction, Mr. Shafiuzzaman, Managing Director of our Bank, expressed his views on the matter. This engagement may be considered as traditional correspondence with the media." (end)
• Wed, 30th July 2025 10:04 am
  Q2 Financials

  (Q2 Un-audited): Consolidated EPS was Tk. (2.93) for April-June 2025 as against Tk. 0.33 (Restated) for April-June 2024; Consolidated EPS was Tk. (4.33) for January-June 2025 as against Tk. 0.50 (Restated) for January-June 2024. Consolidated NOCFPS was Tk. (27.60) for January-June 2025 as against Tk. 6.78 (Restated) for January-June 2024. Consolidated NAV per share was Tk. 13.82 as on June 30, 2025 and Tk. 20.21 (Restated) as on June 30, 2024. (cont.)
• Wed, 30th July 2025 10:04 am
  Q2 Financials

  (Cont. News of SIBL): Reason for deviation in NOCFPS: NOCFPS has decreased mainly due to higher cash outflow in respect of deposits compare to previous half year 2024. (end)
• Mon, 28th July 2025 01:59 pm
  Share Transmission Completion of deceased Sponsors

  The Company has informed that 17,96,517 shares of Late M A Mannan and 2,06,83,647 shares of Late Nargis Mannan have been transmitted to their nominees as per news disseminated by DSE on 15.07.2025.