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Islami Bank Bangladesh is the Strongest Islamic Bank by Balance Sheet in Bangladesh in 2022.
By Wendy Weng
The bank saw its Tier 1 capital ratio improve from 8.7% in 2020 to 9.2% in 2021, as one of its top priorities is to strengthen its capital base. Its total capital adequacy ratio stood at 13.7%, higher than the average of 10.4% for all Bangladeshi banks on the list. It registered a 15.3% loan growth and a 16.9% deposit growth. In addition, its gross NPL ratio improved marginally to 3.3%, the second lowest in the country.
Meanwhile, as the largest Islamic bank in the country, it also maintained a higher level of liquidity buffers and loan loss reserves than other Islamic banks. Its loan loss reserves to gross NPLs ratio remained sufficient, at 135%.
The Strongest Bank by Balance Sheet in Bangladesh in 2022 is Islami Bank Bangladesh. The bank is also the Strongest Islamic Bank by Balance Sheet in Bangladesh in 2022.
Click here to see the full Strongest Banks in Asia Pacific 2022
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