A bank is a financial institution licensed to receive deposits and make loans. Banks may also provide financial services such as wealth management, currency exchange, and safe deposit boxes. There are several different kinds of banks including retail banks, commercial or corporate banks, and investment banks. In most countries, banks are regulated by the national government or central bank.
3. Overview of the Organization stake-holders in an organization
4. The bank started its operations from the 21st of January 1989
It start as joint venture enterprise of the BCC Foundation with
70 percent shares and GOB 30%
the Government of Bangladesh took over 100 percent ownership
of BASIC bank on 4th June 1992.
5. Small Balance Sheet size composed of quality assets
Steady and sustainable growth
Investment in a cautious way
Adoption of new banking technology