IFIC Bank PLC is a publicly traded commercial bank in Bangladesh, originally established in 1976 as a joint venture to operate as a finance company. It was later converted into a full-fledged commercial bank in 1983. The bank offers a wide range of financial services, including corporate banking, trade finance, and various deposit and loan products. IFIC Bank has a significant presence with numerous branches and uposhakhas across the country and also has a global footprint through joint ventures and subsidiaries in Nepal, Oman, and the UK.
Key Details:
Incorporated:1976 (as a finance company), converted to a commercial bank in 1983.
Headquarters:Dhaka, Bangladesh.
Ownership:The Government of Bangladesh holds a substantial stake, with the remaining shares held by local and foreign institutions and general shareholders.
IFIC Bank PLC, a pioneer among private commercial banks in Bangladesh, was established in 1976 as a joint initiative between the Government of Banglad...
