The 36th annual general meeting of state-owned BASIC Bank Limited was held at the head office of the bank in Dhaka on Monday.
Helal Ahmed Chowdhury, chairman of the Bank, presided over the meeting. Nazma Mobarek, secretary, Financial Institutions Division, attended the meeting as a government representative.
Md Quamruzzaman Khan, managing director and CEO of the bank welcomed the guests and answered various questions at the meeting. The financial statements for the year 2024 of the bank were adopted in the meeting.
Munshi Abdul Ahad, additional secretary of Finance Division, Sheikh Farid, joint secretary of FID, Md Matiur Rahman, Md Abdul Ahad, additional secretary (rtd), Abu Saleh Mostafa Kamal former director general of social services, all directors of BASIC Bank, attended the meeting.
Md Sirajul Islam, executive director of Bangladesh Bank and observer of BASIC Bank鈥檚 board, GM, and company secretary Md Hasan Imam, GM and CFO Saidur Rahman Sohel and, and a representative of the audit firm, Kazi Zahir Khan and Co, were present at the meeting.
FID secretary Nazma Mobarek said, 鈥榃e see great potential in BASIC Bank and a ray of light is seen. She is hopeful of its gradual turnaround and assured all possible support from the Government. Reflecting on the Bank鈥檚 past history, she told that it was a good Bank and its past glory needs to be restored. She urged every one of the bank to work hard.鈥�
BASIC Bank chairman Helal Ahmed Chowdhury emphasised the importance of formulating strategic plans and ensuring their effective implementation to secure sustainable growth.
He also stressed the need to intensify loan recovery efforts and accelerate legal procedures. At the same time, he underlined the importance of strict compliance with regulatory directives and maintaining good governance across all operational areas.
Bangladesh Bank鈥檚 executive director Md Sirajul Islam put importance on income growth and loan recovery, while assuring necessary support from the central bank.
In the question-answer session, Abu Md Mofazzal and Subhash Chandra Das, deputy managing directors, along with Md Ismail, Md Momenul Hoque, Md Nashir Uddin, Sumit Ranjan Nath, Dulon Kanti Chakrabarty, Md Ghulam Syeed Khan, all general managers, Nurur Rahman Chowdhury (GM-CC) were present.
