BASIC Bank’s Managers Conference 2026 Held
Published at January 31, 2026
BASIC Bank PLC., 100% State-owned commercial bank, held the Managers Conference—2026 on Saturday, January 31, 2026, at Mukti Auditorium, Biddut Bhaban in the Capital. Helal Ahmed Chowdhury, Chairman of the bank's Board of Directors, inaugurated the conference as Chief Guest. Md. Quamruzzaman Khan, Managing Director & CEO of the Bank, presided over the Conference and delivered the welcome speech.
Sheikh Farid, Joint secretary of FID, Ministry of Finance, Md. Abdul Ahad, former Additional Secretary, Dr. Abu Saleh Mostafa Kamal, former Government Official (Grade-1), S.M. Iqbal Hossain, Rtd. Banker, all Directors of BASIC Bank, and Md. Sirajul Islam, Executive Director of Bangladesh Bank and Observer of BASIC Bank’s Board were present as the Special Guest.
Among others, Abu Md. Mofazzal and Subhash Chandra Das, FCA, FCMA, Deputy Managing Directors, along with Md. Ismail, Md. Momenul Hoque, Md. Nashir Uddin, Sumit Ranjan Nath, Md. Hasan Imam, Md. Ghulam Sayeed Khan, and Saidur Rahman Sohel, General Managers, Branch and Sub-Branch In-charges, and Divisional In-charges of the Bank were also present at the conference.
As the Chief Guest Helal Ahmed Chowdhury, Chairman of the Board of Directors of BASIC Bank PLC. said that the Bank performed better in 2025 compared to 2024. However, he cautioned against complacency and emphasized that more planned and consistent efforts are required to restore the Bank’s lost glory. He stressed the importance of formulating sound business plans and ensuring their proper implementation.
Mr. Chowdhury further stated that all directives of the regulatory authorities must be strictly complied with and the highest standards of ethics must be maintained in the workplace. He also called for providing improved and simplified services to customers and increasing the Bank’s income by transforming loss-making branches into profitable ones. In addition, he expressed his thanks and gratitude to the Financial Institutions Division of the Ministry of Finance, Bangladesh Bank, and all others as the regulatory authorities for their sincere cooperation.
Special Guest Sheikh Farid discussed the current condition of the banking sector in a comparative manner and urged stronger and more effective initiatives for the recovery of non-performing loans of BASIC Bank. He emphasized that no new loans should be allowed to become classified, low-cost deposits must be mobilized, and greater emphasis should be placed on increasing commission income and other non-interest income.
Bangladesh Bank Executive Director Md. Sirajul Islam cited examples of several banks in the country that successfully recovered from poor financial conditions and expressed optimism about BASIC Bank’s turnaround. He highlighted the importance of identifying quality customers, increasing export earnings, and strengthening the recovery of non-performing loans.
Md. Abdul Ahad stressed the need to increase the Bank’s income and reduce expenditures, emphasizing that good governance must be strengthened at all levels of the Bank. He also suggested expediting the legal procedures for recovering defaulted loans. Dr. Abu Saleh Mostafa Kamal underscored the importance of complying with regulatory guidelines at all times, while S. M. Iqbal Hossain emphasized the importance of enhancing remittance inflows.
In his welcome address, Managing Director and CEO Md. Quamruzzaman Khan welcomed all branch and sub-branch heads and urged them to achieve the assigned targets for 2026 while strictly adhering to all rules and regulations of the regulatory authorities.
The conference also provided branch managers with necessary guidance on various strategic aspects of the Bank. It is noteworthy that BASIC Bank is gradually progressing towards improvement, and its liquidity position remains strong in both local and foreign currencies.