BASIC Bank holds Managers Conference 2026

BASIC Bank PLC, a 100 percent state-owned commercial bank, held its Managers Conference 2026 on Saturday, January 31, 2026, at the Mukti Auditorium of Biddut Bhaban in the capital.

Helal Ahmed Chowdhury, Chairman of the Board of Directors of BASIC Bank PLC, inaugurated the conference as chief guest. Md. Quamruzzaman Khan, Managing Director and CEO of the bank, presided over the conference and delivered the welcome address, says a press release.

Sheikh Farid, Joint Secretary of the Financial Institutions Division of the Ministry of Finance; Md. Abdul Ahad, former Additional Secretary; Dr. Abu Saleh Mostafa Kamal, former government official (Grade-1); S. M. Iqbal Hossain, retired banker; all directors of BASIC Bank; and Md. Sirajul Islam, Executive Director of Bangladesh Bank and observer to the board of BASIC Bank, attended as special guests.

Deputy Managing Directors Abu Md. Mofazzal and Subhash Chandra Das, FCA, FCMA, along with General Managers Md. Ismail, Md. Momenul Hoque, Md. Nashir Uddin, Sumit Ranjan Nath, Md. Hasan Imam, Md. Ghulam Sayeed Khan, and Md. Saidur Rahman Sohel, as well as branch and sub-branch in-charges and divisional in-charges, were also present.

Speaking as chief guest, Helal Ahmed Chowdhury said the bank performed better in 2025 compared to 2024, but warned against complacency and stressed the need for planned and consistent efforts to restore the bank’s lost position. He highlighted the importance of sound business planning and proper implementation.

He also said all directives of regulatory authorities must be strictly followed and the highest standards of ethics maintained in the workplace. He called for improved and simplified customer services and for transforming loss-making branches into profitable ones to increase income. He expressed gratitude to the Financial Institutions Division of the Ministry of Finance, Bangladesh Bank, and other regulatory authorities for their cooperation.

Sheikh Farid discussed the overall condition of the banking sector and urged stronger initiatives to recover non-performing loans of BASIC Bank. He emphasised preventing new loans from becoming classified, mobilising low-cost deposits, and increasing commission-based and other non-interest income.

Bangladesh Bank Executive Director Md. Sirajul Islam referred to examples of banks that recovered from weak financial conditions and expressed optimism about BASIC Bank’s turnaround. He stressed the need to identify quality customers, increase export earnings, and strengthen non-performing loan recovery.

Md. Abdul Ahad stressed increasing income and reducing expenditure, saying good governance must be strengthened at all levels. He also called for faster legal processes to recover defaulted loans. Dr. Abu Saleh Mostafa Kamal emphasised continuous compliance with regulatory guidelines, while S. M. Iqbal Hossain highlighted the importance of boosting remittance inflows.

In his welcome address, Md. Quamruzzaman Khan urged branch and sub-branch heads to meet their targets for 2026 while strictly adhering to all regulatory rules and guidelines.

The conference provided branch managers with guidance on strategic priorities of the bank. The release noted that BASIC Bank is gradually moving towards improvement, with a strong liquidity position in both local and foreign currencies.