Global Islami Bank suffers Tk2,235cr loss in Jan–Sep
Global Islami Bank has reported a staggering loss of Tk2,235 crore for the January–September period of 2025.
According to the bank's financial statement submitted to the Dhaka Stock Exchange (DSE) today (29 October), the loss per share stood at Tk22.63 during the nine-month period, compared to earnings per share (EPS) of Tk0.43 in the same period of 2024.
For the July–September quarter alone, the bank posted a loss per share of Tk6.07, a sharp deterioration from Tk0.55 during the same quarter last year.
Keep updated, follow The Business Standard's Google news channel
The bank's net operating cash flow per share (NOCFPS) also fell to Tk12.86 in January–September 2025, from Tk9.92 a year earlier. Meanwhile, its net asset value (NAV) per share dropped steeply to Tk44.40 as of 30 September 2025, compared to Tk9.14 a year earlier.
The bank attributed the heavy losses to an operating loss of Tk974.98 crore and provisioning charges amounting to Tk1,260.91 crore during the period.
NOCFPS declined mainly due to a reduction of Tk989.57 crore in investment income received in cash and an increase of Tk439.23 crore in profit paid on deposits compared to the previous year.
The sharp fall in NAV — down by Tk35.26 year-on-year — was also driven by the substantial provisioning, which led to negative retained earnings of Tk5,573.54 crore as of September 2025.
