Company · Analysis · 01 Nov 2026
SBAC Bank: NPL near 20%, a BDT 10.2bn provision shortfall deferred by Bangladesh Bank, and a qualified 2025 audit
Classified loans rose from 5.9% of loans in 2023 to 19.9% at Dec-2025; the bank kept BDT 3.3bn of a BDT 13.6bn required provision under a BB deferral, the auditor qualified its opinion, profit fell to BDT 7m and the shares moved to DSE's Z category in April 2026.
SBAC Bank PLC (South Bangla Agriculture and Commerce Bank) is a fourth-generation private commercial bank. At the end of 2025 it had 90 branches, 32 sub-branches, 82 ATMs, 1,282 employees and consolidated total assets of BDT 133.0bn. Its shares trade on the DSE; sponsors and…