Bangladesh Finance PLC has reaffirmed its commitment to long-term financial stability and sustainable growth by embracing a forward-looking risk management approach, said a press release.
The company has undertaken comprehensive provisioning against all classified loans, leases, and investments 鈥� without availing any regulatory forbearance, it said.
As of December 31, 2024, Bangladesh Finance reduced its non-performing loan ratio to 9.26 per cent, down from 11.20 per cent in 2023.
Audited financial statements for the year ending December 31, 2024, were approved by the company鈥檚 board during a meeting held on April 17.
In response to prolonged economic headwinds and residual post-pandemic effects on corporate clients, the company adopted a conservative stance 鈥� fully provisioning against all risk exposures, including negative equity positions in margin loans, without relying on regulatory leniencies.聽
