BASIC Bank PLC
BASIC Bank PLC, originally established as Bangladesh Small Industries and Commerce Bank Limited, was formally registered under the Companies Act of 1913 on August 2, 1988. Commencing its operations on January 21, 1989, this financial institution operates under the regulatory framework of the Banking Companies Act of 1991. The bank’s inception stemmed from a recognized need within the country’s policy circles for a private-sector bank dedicated to financing small-scale industries (SSIs).
Initially, the bank began as a joint venture with 70 percent of its shares owned by the BCC Foundation and the remaining 30 percent held by the Government of Bangladesh (GOB). However, following the closure of the BCCI (Bank of Credit and Commerce International), the BCC Foundation became nonfunctional, and on June 4, 1992, the Government of Bangladesh assumed complete ownership, resulting in the bank becoming state-owned. It’s important to note that while BASIC Bank operates under state ownership, it continues to function as a private bank, retaining its commercial independence.
What sets BASIC Bank Limited apart is its unique set of objectives. It operates as a hybrid institution, combining elements of both developmental and commercial banks. The bank’s Memorandum and Articles of Association specify that a minimum of 50 percent of its loanable funds must be directed towards investments in the small and medium industries sector. This distinctive approach reflects the bank’s commitment to fostering the growth and development of smaller businesses and enterprises, thus contributing to the economic advancement of Bangladesh.
Divisional In-Charges
| Division | Name | Designation | Mobile | Telephone | Extension | |
|---|---|---|---|---|---|---|
| Agriculture, Micro Credit and Special Finance Division | S.M. Anisuzzaman | Assistant General Manager | anisuzzamans@basicbanklimited.com | 01711898647 | 9590465, 9564830, 9568190 | 308 |
| Anti-Money Laundering Division (AMLD) | Jahir Uddin Ahmed | Deputy General Manager | ahmedja@basicbanklimited.com | 01882121244 | 47113785 | 65193 |
| Audit & Inspection Division (AID) | Abdus Sabur | Deputy General Manager | saburabd@basicbanklimited.com | 01713257441 | 47119582 | – |
| Back Office Division (BOD) | Md. Rezaul Alam | Deputy General Manager | alamre@basicbanklimited.com | 01960829534 | 47114892, 65207 | 65207 |
| BASIC Bank Training Institute | Helena Perveen | Deputy General Manager | PerveenH@basicbanklimited.com | 01713444246 | 9131609 | – |
| Board Secretariat & Company Affairs Division (BSCAD) | Md. Hasan Imam | General Manager | ImamH@basicbanklimited.com | 01713257425 | 47115756 | 340 |
| Branch Control Division (BCD) | Niaz Musawwir Shah | Deputy General Manager | shahn@basicbanklimited.com | 01713257427 | 29511501 | 303 |
| Card Division (CD) | Md. Nasir Uddin | Deputy General Manager | UddinNasir@basicbanklimited.com | 01819218216, 01713257437 | 47118960 | 65124 |
| Common Services Division (CSD) | Niaz Musawwir Shah | Deputy General Manager | shahn@basicbanklimited.com | 01713257427 | 57163705 | 227 |
| Compliance Division (COD) | Mohammad Musa Khan | Deputy General Manager | KhanMu@basicbanklimited.com | 01712548516 | 47119580 | – |
| Disciplinary Division (DAD) | Shakir Mahmud Sharafuddin | Deputy General Manager | sharafuddins@basicbanklimited.com | 01715005199 | 9568934 | 235 |
| Finance & Accounts Division (FAD) | Syed Abdullah-Al-Zaman | Assistant General Manager | ZamanSy@basicbanklimited.com | 01720039232 | 9590572 | 354 |
| Human Resources Division (HRD) | Saidur Rahman Sohel | Deputy General Manager | sohels@gmail.com | 01713257431 | 9556405 | 242 |
| Industrial Credit Division (ICD) | – | – | – | – | – | – |
| Information & Communication Technology Division (ICTD) | Md. Helal Uddin | Deputy General Manager | uddinh@basicbanklimited.com | 01714166933 | 02-9555087, 9515319, 9515320, 02223382960 | – |
| Legal Issues Division (LID) | Md. Abdus Satter Khan | Deputy General Manager | KhanAb@basicbanklimited.com | 01711454661 | 9511250 | 312 |
| Management Information System Division (MISD) | Mohammad Jasim Uddin | Assistant General Manager | uddinj@basicbanklimited.com | 01818416606 | 9589048, CIB- 9589194, 357 | – |
| Mid-Office Division (MOD) | Md. Ashrafuzzaman (Additional Charge) | Deputy General Manager | ZamanA@basicbanklimited.com | 01711488710 | 47114502 | 343 |
| Monitoring Division (MTD) | Md. Nazrul Islam | Assistant General Manager | islamnazr@basicbanklimited.com | 01715029745 | 47119583 | – |
| Recovery Division (RD) | Md. Fida Hasan | Deputy General Manager | hasanf@basicbanklimited.com | 01730057336 | 9590569, 9511254 | – |
| Research & Development Division (RDD) | Mohammad Mahmudul Hasan | Assistant General Manager | hasanmah@basicbanklimited.com | 01613380857 | 9589174, 302 | – |
| Risk Management Division | Dilruba Nusrat | Assistant General Manager | NusratD@basicbanklimited.com | 01819207053 | 9592153, 65190 | – |
| Security Management Division (SMD) | B.M.Kamruzzaman | Deputy General Manager | KamruzzamanB@basicbanklimited.com | 01713257436 | 47119581 | – |
| Small Enterprise Finance Division (SEFD) | S.M. Anisuzzaman (Additional Charge) | Assistant General Manager | anisuzzamans@basicbanklimited.com | 01711898647 | 9592309, 211 | – |
| Trade Finance Division (TFD) | Md. Mafizur Rahman Talukdar | Assistant General Manager | TalukderM@basicbanklimited.com | 01714263474 | 7124960, 217 | – |
| Treasury & Capital Market Services Division (TCMSD) | Md. Mahmud Hasan | Deputy General Manager | HasanMa@basicbanklimited.com | 01714166949 | 9512633, 325 | – |
Head Office and Branches list
| Branch | Address | Phone/Fax | SWIFT | Routing No | |
|---|---|---|---|---|---|
| HEAD OFFICE | Sena Kalyan Bhaban (5th Floor), 195 Motijheel C/A, Dhaka-1000 | 02-223388190, 223384830, 223359185-86 (NEC), 223359589-90 Fax: 02-9564829 | BKSIBDDH | 055272683 | basicho@basicbanklimited.com |
| ICT DIVISION | Peoples Insurance Bhaban (5th Floor), 36, Dilkusha Commercial Area, Dhaka-1000 | 02-223385087, 9515319, 9515320, 02223382960 Fax: 02-9555518 | basicitd@basicbanklimited.com | ||
| CARD DIVISION | 1st floor, 14 Dilkusha C/A, Dhaka-1000 | 47118960, Ext: 65124 Fax: 02-47118961 | basiccard@basicbanklimited.com | ||
| BASIC BANK TRAINING INSTITUTE (BBTI) | Gause Pak Biponi Bitan, 28/G/1, Toyenobi Circular Road, Motijheel C/A, Dhaka 1000 | 02-47119579, 9131609 Fax: 02-9131623 | basicti@basicbanklimited.com | ||
| AGRABAD BRANCH | Pine View (Ground floor), 100 Agrabad C/A, Chattogram-4100 | 02-333320041, 333314822, 333320080, 725527 Fax: 031-714822 | BKSIBDDH008 | 055150134 | agrabad@basicbanklimited.com |
| ASADGONJ BRANCH | M.A. Salam Market, 774, Asadgonj, Chattogram-4100 | 031-614569, 632112, 614942 Fax: 031-614942 | BKSIBDDH016 | 055150589 | asadgonj@basicbanklimited.com |
| BABUBAZAR BRANCH | Hajee Yusuf Mansion (1st floor), 56 Mitford Road, Babubazar, Dhaka-1100 | 02-57393875, 02-7342989 Fax: 02-7341828 | BKSIBDDH023 | 055270551 | babubazar@basicbanklimited.com |
| BANANI BRANCH | 6, Kemal Ataturk Avenue, Banani-1213 | 02-8833402, 02-8833403, 02-8833407 Fax: 02-8833035 | 055260437 | banani@basicbanklimited.com | |
| BANGSHAL BRANCH | 230 North South Road, Bangshal, Dhaka-1100 | 02-223383686, 223382615, 223388726 Fax: 02-9557141 | BKSIBDDH006 | 055270885 | bangshal@basicbanklimited.com |
| BASHUNDHARA BRANCH | Plot: 13, Block: A, Main Road, Bashundhara R/A, Dhaka-1229 | 02-8419650, 02-8419657, 02-8419658 Fax: 02-8432495 | 055260558 | bashundhara@basicbanklimited.com | |
| BELKUCHI BRANCH | Bhuyan Plaza, Mukundagati Bazar, Belkuchi, Sirajganj | 0247318217, 0247318240 Fax: 0247318239 | 055880220 | belkuchi@basicbanklimited.com | |
| BOGRA BRANCH | Bhabani Shachin Bhaban, Hari Dashi Market, 120 Baragola, Bogura-5800 | 051-78793, 65672 Fax: 051-6572/111 | BKSIBDDH012 | 055100371 | bogra@basicbanklimited.com |
| BARISAL BRANCH | 102, Chawkbazar Road, Barisal-8200 | 0431-62513, 62197 Fax: 0431-64233 | BKSIBDDH010 | 055200411 | barisal@basicbanklimited.com |
| CHATTOGRAM BRANCH | Equity Nilima (1st Floor), 63 Station Road, West Chatto, Chattogram-4203 | 031-622216, 622211, 629842 Fax: 031-629842 | 055150134 | chatto@basicbanklimited.com |
Please note that this information is subject to change, and it’s always a good idea to verify