Sheikh Abdul Hye Bachchu, ex-MP and chairman of BASIC Bank, inaugurates a branch in Faridpur district town yesterday.

BASIC Bank Limited has opened its 45th branch in Faridpur district town yesterday.

Sheikh Abdul Hye Bachchu, ex-MP and chairman of BASIC Bank, inaugurated the branch as chief guest. Prof Dr Kazi Akhter Hossain and Md Anwarul Islam, members of the board of directors of the bank, also attended the function as special guests, said a press release.

Kazi Fakhrul Islam, managing director, Sheikh Monjur Morshed, AMD of the Bank, Abul Hossain, managing director of AH Group, Kh. Mohtesum Babor, industrialist and politician and a large number of local elites and businessmen among others were present at the function.

Sheikh Abdul Hye Bachchu in his inaugural speech said the clients of BASIC Bank feel safe as it is a state-owned Bank.

The Bank’s classified loan ratio is less than 5 percent which is a remarkable achievement, he added.
He further said the ratio of agriculture loan and SME loan maintained by the Bank is in satisfactory level while the Bank encourages women entrepreneurs through providing SME loan.

The Daily Sun/Bangladesh/ 30th Dec 2011

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

Zakir Ahmed Khan, an adviser to Southeast Bank, inaugurates the 81st branch of the Bank in Munshiganj recently. Shahid Hossain, deputy managing director, was also present.

The Daily Star/Bangladesh/ 26th Dec 2011

Md Abdul Jalil, MP, chairman of Mercantile Bank, is seen inaugurating the new office of Dhanmondi branch yesterday.

Mercantile Bank Limited (MBL) has relocated its Dhanmondi Branch from Cosmos Tower to Sima Blossom yesterday.

Md Abdul Jalil, MP, chairman of the Bank, inaugurated the new premises, said a press release.

The branch is now located at Road no 27 (old), 16 (new) in Dhanmondi residential area.

The Daily Sun/Bangladesh/ 23th Dec 2011

ONE Bank Limited has opened its 54th branch at Ring Road in the city’s Shyamoli area recently.

Asoke Das Gupta, director of the Bank, formally inaugurated the branch, said a press release.

Kazi Rukunuddin Ahmed, director, Johora Bebe, deputy managing director, other senior executives of the Bank and local elites attended the programme.

The Daily Sun/Bangladesh/ 25th Dec 2011