Company · Analysis · 31 Oct 2026
LankaBangla Finance: NPL nearly doubled to 13.7% in 2024, and a BDT 4.3bn provision shortfall deferred by Bangladesh Bank equals 60% of solo equity
The 2024 accounts arrived ten months late with four emphasis-of-matter paragraphs, no dividend for the first time since listing, and a BB-approved deferral of BDT 4,265m of loan provisions. The FY2025 annual and every 2026 interim are still unfiled; the last filing is September 2025.
LankaBangla Finance PLC is one of Bangladesh's larger non-bank financial institutions (NBFIs), licensed by Bangladesh Bank (BB) and listed on the Dhaka Stock Exchange (DSE) since 2006. It lends to corporates, small and medium firms and households, issues Mastercard and Visa credit cards, and owns…