A State Owned Scheduled Commercial Bank
BASIC Bank PLC. (Bangladesh Small Industries and Commerce Bank PLC.) was incorporated under the erstwhile Companies Act, 1913 on August 02, 1988. It started commercial operations on January 21, 1989. The Bank is a scheduled commercial Bank which is governed by the Banking Companies Act 1991. The Bank was established as the then Policy Makers of the Country felt the urgency for a Bank in the private sector for financing Small-Scale Industries (SSIs). At the outset, the Bank started as a joint venture institution of the then BCC Foundation with 70% ownership and the Government of Bangladesh (GoB) with the remaining 30% ownership. The then BCC Foundation became defunct following the closure of the Bank of Credit and Commerce International (Overseas) Limited in 1991 (hereinafter referred to as BCCI). As the BCCI was closed globally in 1991, the Government of Bangladesh protecting the interest of depositors took over full ownership of the Bank through Gazette Notification dated June 04, 1992. Since then the Bank has been a 100% State Owned Commercial Bank.
BASIC Bank offers various deposit products to boost up customer's savings in time. One can deposit a lump sum of money for a fixed period to get an attractive rate of return.
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BASIC Bank provides financial products and services, such as bank and saving accounts, insurance, and mortgages, to individuals.
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Small or medium-sized enterprises (SMEs) are often described as the engine room of the Bangladesh economy -...
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Corporate banking is the tailor-made financial services that financial institutions offer to corporations in the context...
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CASH SELLING122.5000
CASH BUYING148.9848
CASH SELLING142.9848
CASH BUYING167.5582
CASH SELLING162.3082
CASH BUYINGThe 700th meeting of the Board of Directors of state-owned BASIC Bank Limited was held on Wednesday, 26 November 2025, at the bank’s head office boardroom in Motijheel, Dhaka. The meeting, presided over by Chairman...
The 700th meeting of the Board of Directors of state-owned BASIC Bank Limited was held on Wednesday, 26 November 2025, at the bank’s head office boardroom in Motijheel, Dhaka. The meeting, presided over by Chairman...
State-owned BASIC Bank Limited organized a knowledge-sharing program on ‘Anti Money Laundering & Combating the Financing of Terrorism’ with the participation of the Board of Directors and senior management...
State-owned BASIC Bank Limited held the Business Review Meeting—2025 on Saturday, August 30, 2025, at Mukti Auditorium, Biddut Bhaban in the Capital. Helal Ahmed Chowdhury, Chairman of the bank's Board of Directors,...
State-owned BASIC Bank Limited took part in a rally on the occasion of ‘Youth Festival 2025’ held on Tuesday, August 5, 2025. The rally commenced from the Novo Theatre and concluded at Manik Mia Avenue via Bijoy Sarani. The event was led...
State-owned BASIC Bank Limited held the Managers' Conference—2025 on Sunday, February 02, 2025, at BIAM Auditorium, Eskaton in the Capital. Mr. Helal Ahmed Chowdhury, Chairman of the bank's board of directors,...
As a State-owned institution we, the BASIC Bank PLC., firmly believe in the ‘Right to information’. So, reaching out to more interested auction/tender participants and other concerned stakeholders we publish our...
