BASIC Bank Limited

BASIC Bank Limited

Basic Bank Limited (Bangladesh Small Industries and Commerce Bank Limited) entered into force on January 21, 1989. Basic Bank was founded with a vision of financial support for the hundreds of small industries and handicrafts in the country. In the end it was a joint venture of the BCC Foundation and the Government of Bangladesh, which has a 70% and 30% respectively.

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Full Name: Bangladesh Small Industries and Commerce Bank Limited

Nick Name: BASIC Bank

History/Overview: BASIC Bank Limited (Bangladesh small industries and commercial Bank Limited) registered under the Companies Act 1913, August 2, 1988, commenced its operations from 21 January 1989. Is governed by the Banking Companies Act 1991. The Bank was established that the policy makers in the country of the urgency of a bank in the private sector to small-scale industries (SSI) to finance felt.

Type: Limited Company

Bank Type: Specialized Development Bank of Bangladesh.

SWIFT Code: BKSIBDDH

Industry: Banking

Headquarters: Sena Kalyan Bhaban (5th Floor)195 Motijheel C/A, Dhaka-1000

Established/Founded: 1989

Foreign Exchange: Available

Branches in Bangladesh: BASIC Bank has branches all over the country Bangladesh.

View details of all branches of BASIC Bank at here

Products/Services:

Basic Bank, including all commercial banking functions provides the following services to its clients.

Term loan to industries, mainly to small scale industries (SSIs)
Technical support to SSIs for operating their businesses profitably
Micro credit for the urban poor
All commercial banking services like deposit accounts, credit for trade (local & foreign), and working capital financing.


Contact:
Phone: +880-2-9568190, 9564830, 7175691, 7175692
Fax: +88-02-9564829, 7115612, 7124911, 7125653
Email: basicho@citechco.net

Official Website: http://www.basicbanklimited.com


The BASIC Bank Limited has been contributing the national economy providing banking services through the Peoples of the Republic of Bangladesh.