BRAC Bank posts 57% profit growth in H1 2026

BRAC Bank PLC reported a 57 percent year-on-year increase in net profit after tax to Tk 1,423 crore for the first six months of 2026, compared with Tk 906 crore in the corresponding period last year.

Despite a challenging macroeconomic and industry environment, the bank continued to outperform the market, delivering robust balance sheet growth.

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Compared with June 2025, customer deposits increased 25 percent, while loans and advances grew 18 percent, both ahead of industry averages, according to a press release.

The bank also strengthened operational efficiency, reducing its cost-to-income ratio to 42 percent from 48 percent in the first half of 2025, reflecting a sustained focus on productivity, cost discipline and digital transformation. The bank presented its half-yearly (H1) 2026 financial results and business performance during a virtual earnings call held on August 13, attended by local and international investors, research analysts, portfolio managers and capital market professionals.

Tareq Refat Ullah Khan, managing director and CEO of the bank, and senior officials presented the financial results, operational achievements and strengths of the lender, and outlined the bank’s strategic focus for the future.

Regarding the bank’s financial results, Tareq said, “Our first-half performance reflects the strength of our business model, prudent governance and disciplined execution. Continued customer confidence has enabled us to deliver growth well above the market while maintaining one of the industry’s strongest asset quality indicators.”

“We will stay focused on creating sustainable long-term value for our customers, shareholders and the economy,” he added.

As of June 30, 2026, the bank’s customer deposits exceeded Tk 97,000 crore, while loans and advances reached Tk 76,000 crore, bringing funds under management to more than Tk 1.73 lakh crore.