The performance of BASIC Bank Limited has been satisfactory since its inception in respect of all the measurement parameters.

At the end of the year 2011, total assets of the bank stood at Taka 78,031.73 million against Taka 61,569.39 million in previous year registering an increase by 26.74 percent. Total deposit of the Bank at the end of 2011 stood at Taka 62,650.73 million (80.29% of Total liabilities) compared to Taka 49,259.60 million (86.28% of Total liabilities) in 2010. Total amount of deposit was increased by 27.18 percent. Loans and advances increased by 22.75 percent to Taka 56,884.76 million in 2011 compared to Taka 46,341.51 million in 2010. All out efforts were made to improve the recovery rate and control non-performing loans and advances. Relative figure of classified (non-performing) loans and advances remain stable at 4.38 percent at the end of the year.

A total recovery of Taka 1297.61 million in the year under review. Additional provision made in 2011 was Taka 348.53 million against classified and unclassified loans and advances and off-balance sheet exposure. Year 2011 was a period of high growth in loans and advances with 22.75 percent increase. Total outstanding industrial loans including term loan and working capital stood at Taka 33,323.05 million at the end of 2011 compared to Taka 27,777.89 million of 2010. Total outstanding commercial loans stood at Taka 22,727.40 million compared to Taka 16,915.32 million in 2010 reflecting a growth of 34.36 percent.