BASIC Bank’s Business Review Meeting-2025 Held
Published at August 30, 2025
State-owned BASIC Bank Limited held the Business Review Meeting—2025 on Saturday, August 30, 2025, at Mukti Auditorium, Biddut Bhaban in the Capital. Helal Ahmed Chowdhury, Chairman of the bank's Board of Directors, inaugurated the conference as Chief Guest. Md. Quamruzzaman Khan, Managing Director & CEO of the Bank, presided over the meeting and delivered the welcome speech.
Sheikh Farid, Joint Secretary of FID, Ministry of Finance, and Md. Abdul Ahad, Additional Secretary (Rtd.), Directors of the Bank, and Md. Sirajul Islam, Executive Director of Bangladesh Bank and Observer of BASIC Bank’s Board, were present as the Special Guest.
Among others, Abu Md. Mofazzal and Subhash Chandra Das, Deputy Managing Directors, along with Md. Ismail, Md. Momenul Hoque, Md. Nashir Uddin, Sumit Ranjan Nath, Md. Hasan Imam, Dulon Kanti Chakrabarty, Md. Ghulam Syeed Khan, and Md. Saidur Rahman Sohel, General Managers, Branch and Sub-Branch In-charges, and Divisional In-charges of the Bank were also present at the conference.
Helal Ahmed Chowdhury, Chairman of the Board of Directors of BASIC Bank Limited, delivered a comprehensive speech emphasizing the business advancement through the formulation of a forward-looking strategic plan and its proper implementation. Mr. Chowdhury gave special instructions on strengthening loan recovery efforts and expediting the legal procedures, enhancing operational efficiency, the mobilization of deposits, compliance of all regulatory instructions, maintenance of high ethical standard, human resources development through massive training, and ensure quality customer services.
Sheikh Farid discussed at length about the modalities of salvaging the bank from its present position and sight the example of Japan about their ethical standard. He expressed about the intention of the government to salvage up this bank since it was a very good bank and can be turned around.
Md. Sirajul Islam mentioned the changes taking place in the auditing system, which will be RBS (Risk Based Supervision) and other supervision to enhance it up to international level and standard.
Md. Abdul Ahad gave emphasis on corporate governance, deposit mobilization, and strong recovery of loan from the defaulters. He also mentioned how to follow up the money lawsuit cases.
Md. Quamruzzaman Khan, Managing Director & CEO of the Bank, welcomed all managers at the program and urged them to fulfill the given targets and comply with all regulatory compliances strictly. He emphasis on the day-to-day completion of work and improves the customer service. He also advised the managers for working strategically for the fulfillment of targets.
Other necessary guidance and instructions on other strategies of the Bank were also given to the managers at the business meeting. It is worth mentioning that BASIC Bank is improving gradually and its liquidity position is sound both local and foreign currencies.