BRAC Bank has once again been affirmed as Bangladesh’s highest-rated bank after securing a ‘B+’ long-term credit rating with a ‘Stable’ outlook from S&P Global Ratings. The rating, equivalent to Bangladesh’s sovereign rating, marks the ninth consecutive year the bank has maintained this distinction.
In its report released on 26 November 2025, S&P said it expects BRAC Bank to maintain its financial profile despite the challenging conditions in the country’s banking sector.
“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,” the agency said,
The report added that the bank’s financial profile is likely to remain stable. “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 3.1percent–3.5percent 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 said, according to press release.
Regarding the stable outlook, S&P noted that BRAC Bank should be able to “steadily navigate challenging operating conditions in Bangladesh and maintain its financial profile over the next 12–18 months.”
Reacting to the reaffirmed rating, BRAC Bank Managing Director and CEO Tareq Refat Ullah Khan 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.”
He expressed gratitude to the bank’s stakeholders, adding, “Their trust and support have been central to shaping our journey and driving our progress.”
Alongside S&P, BRAC Bank also holds the highest ratings among Bangladeshi banks from CRAB (AAA) and Moody’s (B2), further cementing its position as one of the strongest financial institutions in the country.
