South Bangla Agriculture and Commerce (SBAC) Bank Chairman Engineer Mokhlesur Rahman said depositors’ funds are safe with the bank. Speaking at a press conference marking the bank’s 13th anniversary on Wednesday, he emphasized that the board and management are fully committed to customer service and national development. Senior officials including Managing Director Moinul Kabir, Additional Managing Director Robiul Islam, and Deputy Managing Director Altaf Hossain were present.

Rahman stated that trust is the core of banking and takes time to build through ethical practices and high standards. He said the bank prioritizes investment in agriculture, food production, and value-added services for overseas job seekers, while also supporting young entrepreneurs to engage in national economic activities. He warned against misuse of loan funds for non-business purposes, calling it a major problem in the banking sector.

Addressing dividend concerns, Rahman noted that asset quality pressure has limited payouts but efforts are underway to recover. Managing Director Kabir added that SBAC Bank has satisfactory liquidity, is avoiding aggressive lending, and is focusing on small and medium sectors while tightening recovery from willful defaulters.