Affirms ‘B+’ with a ‘Stable’ outlook
BRAC Bank has once again obtained a ‘B+’ long-term credit rating with a ‘Stable’ outlook, as affirmed by the world’s leading credit rating agency, S&P Global Ratings. This is equivalent to the sovereign rating of Bangladesh and the continuation of this exclusive achievement for the last nine years, a press release said.
Despite challenges in the banking sector, S&P has kept confidence on BRAC Bank and stated in its report released on November 26, 2025, “BRAC Bank will maintain its financial profile amid tough operating conditions. BRAC Bank’s improved profitability, high earnings retention, and calibrated loan growth should support the risk-adjusted capital (RAC) ratio over the next two years.”
“BRAC Bank’s financial profile should be stable, in our view. The bank has a record of prudent management that will help it navigate this period of volatility. We expect the bank’s non-performing loan ratio to stay at 3.1%-3.5% over the next 12-18 months, significantly lower than the average for Bangladesh’s banking sector. The bank’s balanced loan book and proactive risk management should keep asset quality healthy,” S&P Global Ratings report added.
About BRAC Bank’s stable outlook, S&P commented: “The stable outlook on BRAC Bank reflects our view that the bank should be able to steadily navigate challenging operating conditions in Bangladesh and maintain its financial profile over the next 12-18 months.”
Commenting on the rating from the globally renowned agency, S&P Global Ratings, Tareq Refat Ullah Khan, Managing Director and CEO of BRAC Bank, said: “This recognition reflects our steadfast commitment to strengthening our capital base, asset quality, governance standards, and liquidity position. Achieving such a distinguished rating from an international authority is not only a milestone for BRAC Bank but also a positive signal for Bangladesh’s banking sector on the global stage.”
“On this proud occasion, we extend our sincere gratitude to all our stakeholders including our customers, shareholders, co-workers and regulators. Their trust and support have been central to shaping our journey and driving our progress,” he continued.
In addition to S&P, BRAC Bank is also the highest rated bank in Bangladesh by CRAB (AAA) and Moody’s (B2).
