Basic Bank Limited has opened its 38th branch at Islampur in the capital on Sunday.

Former lawmaker and chairman of the Bank Sheikh Abdul Hye Bacchu launched the activities of the new branch while board of director of the Bank Md Anwarul Islam (FCMA), managing director Kazi Faqurul Islam, additional managing director Sk Monzur Morshed were present among others.

Sheikh Abdul Hye Bachchu said: “To ensure the best service for the clients, the Bank is running its activities completely through online. The Bank was established in 1989 with a view to develop industrialization in our country. The Bank is now successfully conducting its activities by fulfilling the demands of the clients.”

He further said: “The clients feel secured to deposit their money in our Bank as it is hundred percent state-owned. As a result, number of clients is increasing day by day. Activities of the distribution of debt in agriculture and SME sector are also satisfactory.”

Source: The Daily Sun/ Bangladesh/ 21th Nov 2011