About Bank

Corporate Profile

Corporate Profile

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 policy makers 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 100% state-owned.

BASIC Bank Limited is unique in its objectives. It is a blend of development and commercial banks. The Memorandum and Articles of Association of the Bank stipulate that 50 percent of loanable funds shall be invested in the small and medium industries sector.

Capital Position  
Authorized capital Tk. 55,000.00 million
Paid up capital Tk. 10,846.98 million
Total Reserve and Surplus 
up to 31.12.2018
Tk. (465.66) million

The Bank is required to transfer 20 percent of its net profit before Tax to Capital Fund as per the Banking Companies Act 1991.


The Bank Offers:

  • Term loans to industries especially to small-scale enterprises.
  • Full-fledged commercial banking service including collection of deposit, short term trade finance, working capital finance in processing and manufacturing units and financing and facilitating international trade.
  • Technical support to Small Scale Industries (SSls) in order to enable them to run their enterprises successfully.
  • Micro credit to the urban poor through linkage with Non- Government Organizations (NGOs) with a view to facilitating their access to the formal financial market for the mobilization of resources.

In order to perform the above tasks, BASIC Bank works closely with its clients, the regulatory authorities, the shareholders (GOB), banks and other financial institutions.

Corporate Strategy 

Financing establishment of small units of industries and business and facilitate their growth Small Balance Sheet size composed of quality assets.

  • Steady and sustainable growth.
  • Investment in a cautious way.
  • Adoption of new banking technology.
  • To employ funds for profitable purposes in various fields with special emphasis on small scale industries.
  • To undertake project promotion on identify profitable areas of investment.
  • To search for newer avenues for investment and develop new products to suit such needs.
  • To establish linkage with other institutions which are engaged in financing micro enterprises.
  • To cooperate and collaborate with institutions entrusted with the responsibility of promoting and aiding SSI sector.

Professor Dr. Abul Hashem

Managing Director & CEO
Mr. Md. Anisur Rahman

Company Secretary
Mr. Md. Hasan Imam

Number of Employee

Number of Branches

Authorised Capital
৳ 55,000.00 Million

Paid-up Capital
৳ 10,846.98 Million

(+8802) 9568190, 9590548, 9591002

(+8802) 9564829


Routing No

Email Address