IFIC Bank

IFIC Bank Limited
Type	Limited Liability Company
Traded as	DSE: IFIC
Industry	Banking
Founded	Dhaka, Bangladesh (1976)
Headquarters	Dhaka, Bangladesh
Key people	Salman F Rahman (chairman); Shah A Sarwar (MD & CEO);
Products	Banking services; Consumer banking; Corporate banking; Investment banking;
Operating income	BDT in Mln 8,424 (2020)
Net income	BDT in Mln 2,864 (2020)
Total assets	BDT in Billion 363 (2020)
Website	www.ificbank.com.bd

The International Finance Investment and Commerce Bank Limited is a first generation Bangladeshi private commercial bank.^[1]^[2]^[3] The bank is ensuring cutting edge service with skilled workforce and revolutionary fintech support through more than 695 hundred modern business centers (Branches and Sub branches). It has extended its global corporate footprint in the form of Joint ventures and subsidiaries in Nepal, Oman and the UK.

History[]

International Finance Investment and Commerce Bank Limited (IFIC Bank) is a banking company incorporated in the People's Republic of Bangladesh with limited liability. It was set up at the instance of the Government in 1976 as a joint venture between the Government of Bangladesh and Sponsors in the private sector with the objective of working as a finance company within the country and setting up joint venture banks/financial institutions aboard. In 1983 when the Government allowed banks in the private sector, IFIC was converted into a full-fledged commercial bank.