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BASIC Bank

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    ACC secretary finds no reason for chairman’s resignation

    Staff Correspondent | Updated at 12:15am on October 16, 2019

    Anti-Corruption Commission secretary Muhammad Dilwar Bakth on Tuesday said that he did not understand why the demand for ACC chairman’s resignation over BASIC Bank scam...

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    Incentive bonus for failing SoB staff unacceptable

    | Updated at 12:00am on August 26, 2019

    IT IS unacceptable that state-owned commercial banks but for BASIC Bank Limited have provided three incentive bonuses for the staff before the recent Eid festival...

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    3 bonuses in SoBs despite Tk 10,666cr bailout fund

    Shakhawat Hossain      | Updated at 01:08am on August 25, 2019

    BASIC received highest amount of bailout fund of Tk 3,390 crore though it was on the verge of bankruptcy due to its huge defaulted loan....

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    Loss making basic Bank branches to face ‘closure’

    Staff Correspondent   | Updated at 12:00am on August 02, 2019

    Finance minister AHM Mustafa Kamal on Thursday said branches of the scam-hit BASIC Bank failing to make profit in the last two years will face...

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    Businessman to be sued for not cooperating with ACC

    Staff Correspondent | Updated at 11:52pm on July 25, 2019

    The Anti-Corruption Commission on Thursday decided to sue Assure Properties Ltd chairman Sheikh Sadi for his refusal to  cooperate with ACC  investigator in the Basic...

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    Tk 150cr more for scam-hit Janata, Basic

    Shakhawat Hossain | Updated at 11:57pm on March 05, 2019

    The financial institutions division has recommended that Janata and BASIC banks be provided with Tk 150 crore bailout funds because of severe capital shortfall faced...

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    HC scraps bail of ex-Basic Bank official

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:17am on October 04, 2018

    The High Court on Wednesday scrapped a rule issued in favour of granting bail to former Basic Bank official Shipar Ahmed in a graft case....

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    Search committee next week for new BASIC Bank MD

    Staff Correspondent | Updated at 12:08am on September 06, 2018

    A search committee is expected to start works next week to find out a managing director of the scam-hit BASIC Bank....

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    BASIC Bank MD’s resignation kept pending

    Staff Correspondent | Updated at 12:32am on September 04, 2018

    The resignation tendered by Awal Khan from the managing director post of the scam-hit BASIC Bank was yet to be accepted by the bank’s board...

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    BASIC’s MD quits

    Staff Correspondent | Updated at 12:05am on August 27, 2018

    Muhammad Awal Khan has resigned as the managing director of scam-hit BASIC Bank on personal ground. Alauddin A Majid, chairman of the state-owned BASIC Bank...

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