
Most listed banks in Bangladesh saw a sharp decline in their net interest income in Q1 2025 due to slower loan repayments and a surge in rescheduled loans. Of the 11 banks that disclosed full financials, 10 reported lower core income, with only Uttara Bank showing growth. Despite this, profits rose for most banks thanks to earnings from treasury investments. Rising defaulted loans, higher deposit rates, and reduced lending have pushed banks to rely more on government securities to sustain profits. Non-performing loans hit a record Tk3.45 lakh crore by end-2024.