The business review meeting-2025 of state-owned BASIC Bank Limited has been held. The meeting was held at the Mukti Auditorium of Bidyut Bhaban in the capital on Saturday.

Helal Ahmed Chowdhury, Chairman of the Board of Directors of the bank, inaugurated the conference as the chief guest. The event was presided over by the bank's Managing Director and CEO Md. Kamruzzaman Khan, who delivered the welcome address.

The special guests were Sheikh Farid, Joint Secretary of the Financial Institutions Division of the Ministry of Finance and Director of the Bank, Md. Abdul Ahad, Former Additional Secretary and Director of the Bank, Md. Sirajul Islam, Executive Director of Bangladesh Bank and Observer of the Board of Directors of BASIC Bank. At that time, among others, Deputy Managing Directors Abu Md. Mofazzel and Subhash Chandra Das, General Manager Md. Ismail, Md. Mominul Haque, Md. Nasir Uddin, Sumit Ranjan Nath, Md. Hasan Imam, Dulon Kanti Chakraborty, Md. Golam Sayeed Khan, Md. Saidur Rahman Sohel, Branch and Sub-Branch Managers. Also, senior officials of the head office were present.

Helal Ahmed Chowdhury, Chairman of the Board of Directors of the bank, in his speech as the chief guest, emphasized on the bank's strategic plan formulation and its proper implementation for business transformation. At the same time, he gave instructions to strengthen the default recovery activities and speed up the legal process.

Chowdhury laid special emphasis on properly complying with all the directives of the regulatory authorities and maintaining the highest standards of ethics in the workplace. He called for developing human resources through modern training, providing better and easier customer service, and increasing the bank's income by transforming all branches into profitable branches.

Sheikh Farid discussed in detail various aspects of BASIC Bank's recovery from the current situation and cited the example of Japan's ethical standards. He mentioned that the government is sincere in restoring the bank, as it was once a very good bank and if managed properly, the bank will be able to turn around again.

Md. Sirajul Islam highlighted the changes in the banking sector audit system and mentioned the risk-based supervision (RBS) approach. He also emphasized the importance of upgrading banking activities to international standards through other supervisions.

Md. Abdul Ahad laid special emphasis on corporate governance, deposit collection and recovery of loans from defaulters. He also emphasized on monitoring the progress of loan-related cases.

Managing Director and CEO of the bank, Md. Kamruzzaman Khan welcomed all the branch and sub-branch heads present in the meeting and urged them to achieve the given targets and strictly comply with all the rules and regulations of the regulatory body. He laid special emphasis on performing daily work and improving the quality of customer service. At the same time, he advised to achieve the set business targets by working strategically.

The business meeting also provided necessary guidance and instructions to the managers on other strategic aspects of the bank. It is worth noting that BASIC Bank is progressing steadily and its liquidity situation remains strong in both local and foreign currencies.