International
Finance Investment and Commerce Bank Limited (IFIC Bank) is banking company
started in the People’s Republic of Bangladesh. It is one of the banks inBangladesh with limited liability.
Started at the
initiative of the Government in 1976 as a joint venture between the government
of Bangladesh and sponsors in the private sector, IFIC has the objective of
working as a finance company within Bangladesh which would help set up joint
venture banks and financial institutions abroad. It was converted into a full-fledged
private bank in 1983, when the government allowed private banks in the country.
As of this date, 32.75% share capital of IFIC is owned by the Government of the
People’s Republic of Bangladesh, 11.31% of share capital is owned by Directors
and Sponsors having vast experience in the field of trade and commerce while
the rest is owned by the general public.
Mission
IFIC Bank has been
established with a vision to service clients in the best way possible. To
ensure this, the bank has a highly skilled, seasoned and dedicated workforce,
which, with their competency and innovative thinking, provides tailor-made high
quality services to institutions and individuals.
The bank is
committed to the welfare and economic prosperity of the people and community
while contributing towards the economic prosperity of the country. Under the
esteemed aegis of Salman F Rahman, it particularly focuses on growth and
profitability of all concerned.
Vision of IFIC
IFIC wants to be
the preferred financial service provider through innovative, sustainable and
inclusive growth and deliver the best in class value to all stakeholders.
