Basic Bank Limited Job Circular 2017- www.basicbanklimited.com
Apply Online for the post of Assistant Manager of Basic Bank
Basic Bank has Published a big Circular For The Post Of Assistant Manager. Total Post 56. Salary Scal 50,000 To 99,940. Application Deadline 17th August 2017.So Candidate Should Apply Via Bangladesh Bank Website https://erecruitment.bb.org.bd .
- Position : Assistant Manager of Basic Bank Limited
- Number of total post : 56
- Salary scale : 50,000-54,000,...............-99,940
- Age as on 01/07/2017 : a. 30 years maximum
- b. 32 Years maximum in case of son/daughter of freedom fighter or Handicapped Quota
- Educational requirement :
- MBA/MBM/Masters degree/ Four year honors degree from any Govt. approved university in Finance/ Banking/ Economics/ Accounting/ Management/ Marketing/ English/International Relations/Mathematics/ Statistics/ Computer Science/Public Administration/Business Administration with at-least one first division/class in Graduation or post Graduation and at-least one first division/class in other academic examination.
- BBA(Four year)/B.Sc. Engineering degree with first division/class in all academic examination. .
- Third division/class in any examination is not allowed.
- Applicant must have Computer Knowledge/Skill.
- Pre-requisite : Scanned or Digital print of your passport size photograph & signature
- Last date of application: 17/08/2017
All details Of Basic Bank Job For The Post Of Assistant Manager Are Given Below
Apply Here For The Post of Assistant Manager Of Basic Bank
About Basic Bank
Background
BASIC Bank Limited (Bangladesh Small Industries and Commerce Bank Limited) registered under the Companies Act 1913 on the 2nd of August, 1988, started its operations from the 21st of January ,1989. It is governed by the Banking Companies Act 1991. The Bank was established as the policy makers of the country felt the urgency for a bank in the private sector for financing small scale Industries (SSIs). At the outset, the Bank started as a joint venture enterprise of the BCC Foundation with 70 percent shares and the Government of Bangladesh (GOB) with the remaining 30 percent shares. The BCC Foundation being nonfunctional following the closure of the BCCI, the Government of Bangladesh took over 100 percent ownership of the bank on 4th June 1992. Thus the Bank is state-owned. However, the Bank is not nationalized; it operates like a private bank as before.
BASIC Bank Limited is unique in its objectives. It is a blend of development and commercial banks. The Memorandum and Articles of Association of the Bank stipulate that 50 percent of loanable funds shall be invested in small and medium industries sector.
Capital Position
Authorized capital Tk. 25,000.00 million
Paid up capital Tk. 10,846.98 million
Total Reserve and Surplus up to 31.12.2015 Tk. 15,100.10 million
The Bank is required to transfer 20 percent of its net profit before Tax to Capital Fund as per the Banking Companies Act 1991.
The Bank Offers:
- Term loans to industries especially to small-scale enterprises.
- Full-fledged commercial banking service including collection of deposit, short term trade finance, working capital finance in processing and manufacturing units and financing and facilitating international trade.
- Technical support to Small Scale Industries (SSls) in order to enable them to run their enterprises successfully.
- Micro credit to the urban poor through linkage with Non- Government Organizations (NGOs) with a view to facilitating their access to the formal financial market for the mobilization of resources.
In order to perform the above tasks, BASIC Bank works closely with its clients, the regulatory authorities, the shareholders (GOB), banks and other financial institutions.
Corporate Strategy
Financing establishment of small units of industries and business and facilitate their growth
Small Balance Sheet size composed of quality assets.
- Steady and sustainable growth.
- Investment in a cautious way.
- Adoption of new banking technology.
- To employ funds for profitable purposes in various fields with special emphasis on small scale industries.
- To undertake project promotion on identify profitable areas of investment.
- To search for newer avenues for investment and develop new products to suit such needs.
- To establish linkage with other institutions which are engaged in financing micro enterprises.
- To cooperate and collaborate with institutions entrusted with the responsibility of promoting and aiding SSI sector.
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