BASIC Bank continues to face challenges from past issues during the Bacchu period.
BASIC Bank’s Ongoing Struggles Following Financial Irregularities Once a respected state-owned bank, BASIC Bank continues to grapple with significant financial challenges stemming from the period when Sheikh Abdul Hye Bacchu served as chairman. Under his leadership, the institution faced allegations of irregularities amounting to around Tk 4,500 crore. Founded in 1989, BASIC Bank maintained profitability […]