Sheikh Abdul Hai Bachhu, Chairman of BASIC Bank Limited, inaugurates the 62nd branch of the bank at East Aganagar in Keraniganj Sunday.

BASIC Bank has been playing an active role in ensuring overall development of the country’s economy. Besides earning profits, it has been also contributing a lot to the humanity.

The bank is committed to ensure building a Digital Bangladesh and for the Board of the bank is working relentlessly for realising the dreams of the present government under the leadership of Prime Minister Sheikh Hasina.

Sheikh Abdul Hai Bachhu, Chairman of the bank said this while inaugurating the 62nd branch at East Aganagar in Keraniganj Sunday.

The branch has been equipped with online banking facilities.
Kazi Fakrul Islam, Managing Director of the bank presided over the function while Md Ruhul Alam, General Manager of the bank moderated the function.

Sheikh Abdul Hai Bachhu said, the bank, being a hundred percent state-owned financial institution, can ensure safety of customers’ deposit.
Fazlus Sobhan, AQM Kibria and A Monayem Khan, Deputy General Managers of the bank were also present at the opening ceremony.

Md Khalilur Rahman, Chairman of Five Star Washing Dyeing, Milon Hossain, general secretary of Keraniganj Garments Samity spoke the function.

The board of directors under the able leadership of Sheikh Abdul Hai Bachhu has been able to launch 32 branches across the country so far.
Kazi Fakrul Islam said the bank was established in 1989 with a vision to play active role for the economic development of the country.

“In a shortest possible of time, the bank has been able to meet customers’ demand,” he added. He also said the bank is keen to set an example of providing fastest service to its customers across the country.

“While we took over the charges of the bank in 2009, there were only 30 branches. But the number has now reached at 62 across the country,” he added.

He said the bank has offered new schemes to its customers which can help increase the number of clients.
Kazi Fakrul Islam said, “The bank has developed an efficient credit management system. We have been appreciated for not sanctioning any loan without ensuring collateral.”

The bank is giving 50 percent loan to the SME sector including export, agriculture, large and small scale industries of the country.

Prior to opening the branch, Fakhrul told banglanews24 that the bank has been able to gradually expand its network as it has been gaining confidence of the depositors.