BASIC Bank holds 35th AGM

The 35th Annual General Meeting (AGM) of state-owned BASIC Bank Limited was held on August 20, at the Head Office of the bank. Professor Dr. Abul Hashem, Chairman of the Bank presided over the meeting. Md. Shah Alam, Additional Secretary, Financial Institutions Division, Ministry of Finance attended the meeting as

BASIC Bank signed APA with FID

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. Abdur Rahman Khan, FCMA, Secretary of FID, and Md. Anisur Rahman, Managing Director & CEO of BASIC Bank signed the Annual Performance Agreement (APA)

BASIC Bank to merge with City Bank

In a significant development within Bangladesh's banking sector, BASIC Bank is set to merge with City Bank, following a decision made during a Monday meeting between Bangladesh Bank Governor Abdur Rouf Talukder and top officials from City Bank. The meeting saw the presence of Aziz Al Kaiser, Chairman of City Bank,

BASIC Bank launches remittance software

State-owned BASIC Bank Limited has launched its own remittance software ‘REMIT365’ to encourage and make remittance collection easier and faster. BadreMunirFirdaus, Joint Secretary, Financial Institutions Division (FID), Ministry of Finance inaugurated the software as Chief Guest in a ceremony on Monday, 18 December at the bank’s head office in the

BASIC Bank signed APA with FID

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 2023-2024. Sheikh Mohammad Salim Ullah, Secretary of FID, and Md. Anisur Rahman, Managing Director & CEO of BASIC Bank signed the APA on Monday, 17

BB asks for actions by BASIC Bank to recover default loans

Bangladesh Bank has asked troubled BASIC Bank to make an action plan for the recovery of default loans and the funds that went out through lending irregularities. Central bank spokesman Mezbaul Haque said on Wednesday that Governor Abdur Rouf Talukder sat with the chairman, the managing director and other top executives

BASIC Bank signs APA with Finance Ministry

The state-owned BASIC Bank Limited has signed an Annual Performance Agreement (APA) with the Financial Institutions Division (FID) of the Ministry of Finance for the financial year 2022-2023. Sheikh Mohammad Salim Ullah, Secretary of FID and Md. Anisur Rahman, Managing Director & CEO of BASIC Bank signed the APA for

BASIC Bank signs APA for FY23

BASIC Bank Limited has signed an Annual Performance Agreement (APA) for the financial year 2022-2023, a press release said Monday. Md. Anisur Rahman, MD and CEO of BASIC Bank signed the deal with Md. Abdur Rahim and Abu Md. Mofazzal, DMD, GM(s) and circle offices on 28 June 2022 at

BASIC Bank inaugurates 4 Sub-branches

State owned BASIC Bank Limited has opened four sub-branches located at Uttarkhan, Dhaka; Buschi Bazar, Cumilla; Paisharhat, Barishal and Gaibandha. Prof. Dr. Abul Hashem, Chairman of BASIC Bank inaugurated the sub-branches through virtual platform as chief guest on Monday, 31 January, 2022. While Md. Razib Pervez, Dr. Nahid Hossain, Dr. Md. Abdul

Gazi Belayet Hossain, Begum Para and our media

There was a report published in a section of Dhaka-based newspapers in 2020 that created sensation among Bangladeshis and the Bangladeshi diaspora in Canada in particular. The report was about an expatriate Bangladeshi who reportedly fled to Canada stealing Tk 300 crore worth of money taken from BASIC Bank in