South Bangla Agriculture and Commerce (SBAC) Bank, established on April 3, 2013, will mark its 13th anniversary this April. Managing Director S M Moinul Kabir said the bank currently operates 90 branches, 32 sub-branches, agent outlets, and 77 ATMs, with both conventional and Islamic banking services. Its total deposits stand at about Tk 11,000 crore, loans and advances at Tk 9,265 crore, and total assets at Tk 13,360 crore. The bank’s capital adequacy ratio is 14.22 percent, exceeding regulatory requirements.

Kabir noted that non-performing loans rose slightly due to the COVID-19 pandemic and the political unrest of August 2024 but remain manageable. SBAC is prioritizing SME and agro-based lending, aiming to raise SME loans from 38 to 50 percent of total disbursement. The bank is also investing in digitalization aligned with the government’s cashless vision and strengthening cybersecurity.

Kabir emphasized that the board allows management to work independently and that customer deposits have increased by about 30 percent since August 5. The bank’s goal is to become one of Bangladesh’s top 20–25 banks within three years.