A State Owned Scheduled Commercial Bank
BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Limited) registered under the Companies Act 1913 on the 2nd of August, 1988, started its operations from the 21st of January,1989. It is governed by the Banking Companies Act 1991. The Bank was established as the policymakers of the country felt the urgency for a bank in the private sector for financing small-scale Industries (SSIs). At the outset, the Bank started as a joint venture enterprise of the BCC Foundation with 70 percent shares and the Government of Bangladesh (GOB) with the remaining 30 percent shares. The BCC Foundation being nonfunctional following the closure of the BCCI, the Government of Bangladesh took over 100 percent ownership of the bank on 4th June 1992. Thus the Bank is state-owned bank.
BASIC Bank offers various deposit products to boost up customer's savings in time. One can deposit a lump sum of money for a fixed period to get an attractive rate of return.
read moreBrowse our deposit and loan products and credit cards which are designed to take care of your personal and business needs.
BASIC Bank provides financial products and services, such as bank and saving accounts, insurance, and mortgages, to individuals.
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Small or medium-sized enterprises (SMEs) are often described as the engine room of the Bangladesh economy -...
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Corporate banking is the tailor-made financial services that financial institutions offer to corporations in the context...
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CASH SELLING119.0000
CASH BUYING139.6700
CASH SELLING134.4200
CASH BUYING164.1240
CASH SELLING158.5240
CASH BUYING
The Managing Director & CEO of State-owned BASIC Bank Limited signed an Annual Performance Agreement (APA) for 2024-2025 with the Deputy Managing Director (DMD). DMD signed APA with General Managers and Circle Offices on Thursday, 29 August 2024...
The 35th Annual General Meeting (AGM) of state-owned BASIC Bank Limited was held on Tuesday, August 20, 2024, at the Head Office of the Bank. Professor Dr. Abul Hashem, Chairman of the Bank presided over the meeting. Md....
State-owned BASIC Bank Limited signed an Annual Performance Agreement (APA) with the Financial Institutions Division (FID) of the Ministry of Finance for the financial year 2024-2025. Md....
As a State-owned institution we, the BASIC Bank Limited, firmly believe in the ‘Right to information’. So, reaching out to more interested auction/tender participants and other concerned stakeholders we publish...
State-owned BASIC Bank Limited has launched its remittance software ‘REMIT365’ to encourage and make remittance collection easier and faster for people using banking channels. Badre Munir Firdaus, Joint Secretary,...
