Company · Analysis · 29 Oct 2026
ONE Bank: a 19.6% NPL bank whose Tk3,903 crore deferred provision is larger than its equity, with net interest income down to 0.9% of earning assets
Bangladesh Bank let ONE Bank defer Tk3,903 crore of required provisions for 2025. Without that permission the auditor says equity would be minus Tk1,025 crore. Classified loans have risen from 5.3% to 19.6% of loans since 2017, the cost of fund is 10.06%, CRAR is 11.12% against a 12.5% requirement, and the shares are in the Z category after a second year without a dividend.
ONE Bank PLC is a private commercial bank listed on the Dhaka and Chittagong stock exchanges. On 30 June 2026 its solo balance sheet was BDT 380.3bn: deposits BDT 289.1bn, loans BDT 245.2bn, government securities BDT 59.6bn and shareholders' equity BDT 23.8bn. It runs a…