Bank Asia PLC has taken an initiative to expand its operations in the capital market. The listed bank’s Board of Directors has decided to inject an additional Tk 120 crore in capital into its brokerage house.
The information was disclosed by Bank Asia on Wednesday (3 December) through the Dhaka Stock Exchange (DSE).
According to the bank, it will increase the capital of its wholly owned subsidiary, Bank Asia Securities Limited, by Tk 120 crore.
In the first nine months (January–September) of 2025, Bank Asia recorded significant profit growth. During this period, the bank posted a net profit of Tk 351 crore, compared to Tk 205 crore during the same period in 2024. This means its net profit rose by 71% over the nine months under review.
The strong growth in profit was mainly driven by a nearly twofold increase in the bank’s income. In the first nine months, the bank’s income reached Tk 1,930 crore.
