Bangladesh
About IFIC Bank PLC
IFIC Bank PLC is a leading commercial bank in Bangladesh, offering a comprehensive range of financial services to individuals, businesses, and institutions. Formerly known as International Finance Investment and Commerce Bank Limited, the bank rebranded as IFIC Bank PLC in March 2023.
Banking Services
- Deposit Accounts: Savings, current, fixed deposits, foreign currency deposits, and special notice deposit accounts.
- Specialized Accounts: AAMAR, Shohoj, NRB accounts, and pension saving schemes.
- Loan Solutions: Home loans, home credit, purchase loans, semi-pucca loans, and take-over loans.
- Cards & Overdrafts: Debit and credit cards, along with overdraft facilities.
Financial Solutions
- Trade & Corporate Finance: Working capital, industrial and project finance, lease financing, syndication, and structured finance.
- Investment Services: Brokerage, margin loans, IPO services, and portfolio management.
- Capital Market Operations: Corporate advisory, mergers & acquisitions, equity investment, and financial consultancy.
- Agricultural Credit: Tailored financing for the agricultural sector.
Treasury & Digital Banking
- Treasury Services: Money market, fixed income securities, foreign exchange, and asset liability management.
- Digital Solutions: SMS banking, electronic services, and digital account management.
- Additional Services: Locker facilities, remittance, savings certificates, and treasury bills & bonds.
Corporate Background
IFIC Bank PLC was established in 1976 and is headquartered in Dhaka, Bangladesh. The bank operates through an extensive network of branches, sub-branches, and ATMs, serving customers nationwide.