Dutch-Bangla Bank to raise authorised capital to Tk 3,500 crore

Dutch-Bangla Bank PLC will increase its authorised capital to Tk 3,500 crore from Tk 1,500 crore.

The bank has also decided to buy land in Savar to expand its data centre project, according to disclosures posted on the Dhaka Stock Exchange (DSE) website today.

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The board of directors approved both decisions at a meeting on August 25, the disclosure said.

As part of the plan, the bank will purchase 16.60 decimals of land for Tk 3.48 crore to support the ongoing data centre project in the Dhaka Export Processing Zone (DEPZ), subject to approval from Bangladesh Bank.

The land purchase aims to ensure smooth operations and expansion of the DEPZ facility. Government registration fees and other related charges will be added to the total cost.

Shares of the bank rose 0.66 percent to Tk 45.90 as of 1:54pm today on the DSE.

The bank posted a net profit of Tk 441.96 crore in the January-June period of 2026, more than three times higher year-on-year, driven by higher investment income, according to its financial statements.

As of July 31, 2026, sponsors and directors held an 83.56 percent stake in the bank, while institutional, foreign, and general investors held the remaining shares, DSE data showed.