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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 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 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.

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Registered Name	Bangladesh Small Industries and Commerce Bank Limited
Legal Status	Public Limited Company
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Established	1988
Type	Private Bank
Category	Commercial Bank
Origin	Local Bank
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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
Call Center	+880 2 223388190, 223384830
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
Rate this Bank	Rating 2.5, based on 608 votes.

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