Bank & Insurance

BASIC Bank announces loan recovery campaign


Published : 02 Sep 2021 09:04 PM

Sate owned BASIC Bank Limited announces September 2021 as the month of recovery of classified loans based on the theme ‘Paid loan timely and build a prosperous county’. 

Md. Anisur Rahman, Managing Director & CEO of BASIC Bank inaugurated the program on Tuesday at Bank’s Main Corporate branch at Motijheel in the capital. 

Amount of Tk.100 crores of cheques were handed over to the MD & CEO by defaulted clients. 

They also committed to regularize loans of tk.200 crores at the program. Among others General Managers - Ahmed Hossain, Md. Ismail and Md. Momenul Hoque were also present on the occasion.

Under this campaign, cash recovery is getting the highest priority. Moreover, All Branches were given instructions to recover defaulted loans by following specific and effective plan of actions. 

Additionally, the Branches will arrange ‘Meet the Borrower’ meeting to exchange views with the customers, wherein MD & CEO, General Managers and Senior executives will present to deliver instant decisions.