BASIC Bank Limited opened its 44th branch at Pahartali in Chittagong yesterday.

Sheikh Abdul Hai Bachchu, former lawmaker and chairman of BASIC Bank, inaugurated the branch, said a press release.

Prof Dr Kazi Akhtar Hossain, member of the board of directors, Kazi Fakrul Islaml, managing director, Sheikh Manjur Morshed, additional managing director of BASIC Bank, Eng Ali Ahmed, former president of Chittagong Chamber of Commerce, local elites and businessmen attended the function.

"We disburse loans as per rules and regulations, so we have no default loan in the market", Sheikh Abdul Hai Bachchu said while addressing the function.

The Daily Sun/Bangladesh/ 28th Dec 2011