BANK LIST

BASIC Bank

BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Limited) registered under the Companies Act 1913 on the 2nd of August, 1988, started its operations from the 21st of January,1989.

It is governed by the Banking Companies Act 1991. The Bank was established as the policymakers 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 enterprise of the BCC Foundation with 70 percent shares and the Government of Bangladesh (GOB) with the remaining 30 percent shares.

The BCC Foundation being nonfunctional following the closure of the BCCI, the Government of Bangladesh took over 100 percent ownership of the bank on 4th June 1992. Thus the Bank is state-owned. However, the Bank is not nationalized; it operates like a private bank as before.

Registered Name Bangladesh Small Industries and Commerce Bank Limited
Legal Status Public Limited Company
Established 1988
Type Private Bank
Category Commercial Bank
Origin Local Bank
Corporate Address Sena Kalyan Bhaban, 5th Floor, 195 Motijheel C/A, Dhaka 1000, Bangladesh.
Telephone +880 2 9568190, 9564830, 9590548
Fax +880 2 9564829, 7115612, 7124911
E-mail Address basicho@basicbanklimited.com  
Website www.basicbanklimited.com
SWIFT Code BKSIBDDH
Code 055
Service Hours Sunday: 10:00 am – 4:00 pm
Monday: 10:00 am – 4:00 pm
Tuesday: 10:00 am – 4:00 pm
Wednesday: 10:00 am – 4:00 pm
Thursday: 10:00 am – 4:00 pm
Friday: Closed
Saturday: Closed