BASIC Bank Ltd now BASIC Bank PLC

Published at August 22, 2023

As per section 11 A(a) of the Company Act, 1994 the state-owned BASIC Bank Limited is now BASIC Bank PLC. The name change decision was approved by shareholders at the 3rd Extraordinary General Meeting (EGM) of the bank held on Tuesday, August 22, 2023, at the bank’s head office in Dhaka. 

Professor Dr. Abul Hashem, Chairman of the Bank presided over the meeting. Kamrul Hoque Maruf, Joint Secretary, Financial Institutions Division, Ministry of Finance attended the meeting as a representative of the Bank’s sole shareholder, the Govt. of Bangladesh. Md. Anisur Rahman, Managing Director & CEO of the Bank delivered the welcome speech.

Among others, Dr. Nahid Hossain, Dr. Md. Abdul Khaleque Khan (Freedom Fighter), Md. M. Latif Bhuiyan and, Md. Rafiqul Islam, Directors of the Bank, Abu Md. Mofazzal, Deputy Managing Director, and Md. Hasan Imam, Company Secretary of BASIC Bank was also present in the meeting.