Sheikh Abdul Hai Bacchu, chairman of BASIC Bank, inaugurates a new branch of the Bank at Banani in the city yesterday.

BASIC Bank has opened its 46th branch at Banani in the city yesterday.

Sheikh Abdul Hai Bacchu, chairman of the Bank, inaugurated the branch while Kazi Fakrul Islam, managing director, presided over the inaugural function, said a press release.

While inaugurating the branch, Sheikh Abdul Hai Bacchu said it is not possible to achieve the target for the country’s economical development without spreading banking services to rural areas.

To accelerate the country’s economical growth, BASIC Bank has taken an initiative to open at least one branch in every district across the country, he said.

Jahangir Akand Selim, Sree Jukta Shuvashis Basu, directors of the bank, Prof Dr. Abu Yousuf Md Abdullah, educationist and business person and other high officials of the Bank were also present at the function.

The Daily Sun/Bangladesh/ 18th Jan 2012