Bank of Small Industries and Commerce Bangladesh Limited (BASIC) has opened a new branch at Babubazar in the city.

This brings the total number of branches of the bank to 22. says a press release.

The new branch was opened by Syed Mushtaq. Member of Administration, Bangladesh Water Development Board and Director of the Board of Directors of the bank on Wednesday.

Mushtaq, in his inaugural speech, said the newly opened branch will have the facilities for financing micro enterprises, small industries and all commercial activities including export and import trade.

He invited local businessmen and entrepreneurs to avail of the banking services extended by the branch and advised all officials and staff of the branch to maintain the standard of BASIC in providing banking services.

Alauddin A. Majid. Managing Director of the bank, highlight the activities of the bank.

He said BASIC fulfils prescribed national and international standard of banking and the experienced and efficient employees of the bank are always engaged in rendering prompt services to the customers.

A milad mahfil was arranged on the occasion. Industrialists. businessmen, traders, bankers, elite of the area and officials of BASIC attended the opening ceremony.