BASIC Bank Limited achieved Tk 2.15 billion (215 crore) operating profit for the year 2010. Bank's Chairman Sheikh Abdul Hye Bacchu disclosed this, while speaking as the chief guest at its first branch and operational managers conference in the city recently, said a press release. Chaired by BASIC Bank Acting Managing Director Sk. Monzur Morshed, the conference was attended, among others, by its directors Jahangir Akhand Salim, Shubhashish Bose, Neelufar Ahmed, Shakhawat Hossain, Prof Kazi Akhtar Hossain, Md Fakhrul Islam and Md Anwarul Islam.

All general managers, operational in-charges, branch-in-charges and other executives of the head office of the bank attended the conference. The executives of the bank and branch in-charges reviewed the yearly business performance of 2010 and have taken an action plan for strengthening its operational activities of 2011. Mr Bacchu thanked all officials of the bank for achieving the operating profit in 2010. He stressed on selection of potential borrower and urged the executives to keep close supervision and monitoring of the loan for keeping the classification at the minimum level. Mr Morshed called for united efforts to accelerate business growth of the bank.

News: Financial Express/Bangladesh/20 Jan 2011