Company · Analysis · 03 Nov 2026
United Commercial Bank: 15.5% NPL and a Tk5,595 crore provision shortfall that Bangladesh Bank let it leave out of the 2025 accounts
UCB's auditor qualified the 2025 accounts: required provisions of BDT 76.8bn, BDT 25.2bn held; CRAR of 8.42% with 12.5% required, and 0.93% had the shortfall been booked. Deposits grew 23% in 2025, interest paid took 95% of interest income in the first nine months of 2026, and the shares sit in the Z category after two years without a dividend.
Updated 3-Nov-2026: added the business model and industry forces; the Q1 and Q2 2026 interim accounts and a seven-quarter net interest income path; Bangladesh Bank system classified-loan ratio, credit and deposit growth, policy rate, T-bill yield and system lending and deposit rates next to UCB's…