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 more
Browse our deposit and loan products and credit cards which are designed to take care of your personal and business needs.
BASIC Bank Limited pays rich tribute to the language movement martyrs on the occasion of Shaheed Dibash (Martyrs Day) and International Mother Language Day on Wednesday, 21 February 2024. Md. Anisur Rahman, Managing Director...
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,...
State-owned BASIC Bank Limited pays rich tributes to the martyrs of the Liberation War by placing wreaths at the National Memorial in Savar on the occasion of the 53rd Victory Day on Sunday, December 16, 2023. Abu Md. Mofazzal, Deputy...
In order to implement the National Integrity Strategy and Action Plan and enhancement awareness, State-owned BASIC Bank Limited organized a day-long Training Workshop on the National Integrity Strategy on Monday, November...