BASIC BANK LIMITED

Company Introduction

BASIC BANK LIMITED is a state-owned commercial bank based in Bangladesh. Established in 1988, it operates as a financial institution providing a comprehensive range of banking and financial services. Its core activities include accepting deposits, extending loans, facilitating trade finance, and offering various other banking solutions to individuals, businesses, and government sectors. The bank plays a role in supporting the economic development of Bangladesh through its financial services.

Company Type

BASIC BANK LIMITED is a financial institution, specifically a commercial bank. It is neither a factory (manufacturer) nor a trader (involved in the buying and selling of goods).

BASIC BANK LIMITED, being a financial institution, offers a range of banking products and services rather than manufacturing physical goods. These include:

- Savings Accounts

- Current Accounts

- Fixed Deposit Receipts

- Short Term Deposit Accounts

- Special Deposit Schemes

- Corporate Loans

- Small and Medium Enterprise (SME) Loans

- Retail Loans (e.g., Personal Loans, Home Loans, Auto Loans)

- Agricultural Loans

- Working Capital Finance

- Import Services (Letter of Credit opening, import financing)

- Export Services (Export bill discounting, pre-shipment and post-shipment finance)

- Bank Guarantees

- Remittance Services (Inward and Outward)

- Treasury Operations

- ATM Services

- Online Banking

- Mobile Banking

- Locker Services