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.
| Currency | Cash Buying | Cash Selling |
|---|---|---|
| $ USD | 125.0000 | 124.0000 |
| € EUR | 145.2577 | 138.4847 |
| £ GBP | 168.3414 | 163.0914 |
Three new directors have joined the board of BASIC Bank PLC., a 100% State-owned commercial Bank, following their appointment by the Financial Institutions Division (FID) of the Ministry of Finance. The newly appointed directors are Farooq Ahmed, Former Additional Secretary, Md. Lutfur...
BASIC Bank PLC., A 100% State-owned commercial Bank, has signed participation agreements with Bangladesh Bank under the central bank’s two refinance schemes aimed at expanding financing for green industries and the information and communication technology (ICT) sector. The schemes are the...
The 37th Annual General Meeting (AGM) of BASIC Bank PLC., A 100% state-owned commercial bank, was held on Wednesday, September 16, 2026 at the Head Office of the Bank. Helal Ahmed Chowdhury, Chairman of the Bank presided over the meeting. Nazma Mobarek, Secretary, Financial Institutions...
BASIC Bank PLC., A 100% State-owned commercial Bank, signed an agreement with Bangladesh Bank to provide working capital loan facilities offered at low interest rates and on easy terms for entrepreneurs in the country's cottage, micro, small, and medium enterprise (CMSME) sector under the...
BASIC Bank PLC., A 100% State-owned commercial Bank, held a business review meeting with branch managers of its Dhaka city areas on Monday (September 7, 2026), with a focus on strengthening loan recovery, increasing deposits and improving overall business performance. The meeting was held at the...
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 auction/tender notices both on widely circulated national and local print...
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.
| Currency | Cash Buying | Cash Selling |
|---|---|---|
| $ USD | 125.0000 | 124.0000 |
| € EUR | 145.2577 | 138.4847 |
| £ GBP | 168.3414 | 163.0914 |
Three new directors have joined the board of BASIC Bank PLC., a 100% State-owned commercial Bank, following their appointment by the Financial Institutions Division (FID) of the Ministry of Finance. The newly appointed directors are Farooq Ahmed, Former Additional Secretary, Md. Lutfur...
BASIC Bank PLC., A 100% State-owned commercial Bank, has signed participation agreements with Bangladesh Bank under the central bank’s two refinance schemes aimed at expanding financing for green industries and the information and communication technology (ICT) sector. The schemes are the...
The 37th Annual General Meeting (AGM) of BASIC Bank PLC., A 100% state-owned commercial bank, was held on Wednesday, September 16, 2026 at the Head Office of the Bank. Helal Ahmed Chowdhury, Chairman of the Bank presided over the meeting. Nazma Mobarek, Secretary, Financial Institutions...
BASIC Bank PLC., A 100% State-owned commercial Bank, signed an agreement with Bangladesh Bank to provide working capital loan facilities offered at low interest rates and on easy terms for entrepreneurs in the country's cottage, micro, small, and medium enterprise (CMSME) sector under the...
BASIC Bank PLC., A 100% State-owned commercial Bank, held a business review meeting with branch managers of its Dhaka city areas on Monday (September 7, 2026), with a focus on strengthening loan recovery, increasing deposits and improving overall business performance. The meeting was held at the...
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 auction/tender notices both on widely circulated national and local print...
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