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International Finance Investment And Commerce Bank Limited (Bangladesh)

Main Activities: Commercial Banking
Full name: International Finance Investment And Commerce Bank Limited Profile Updated: October 31, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

International Finance Investment and Commerce Bank Limited (IFIC Bank) is banking company 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.

Legal Address
Bdbl Bhaban Building (8th, 10th, 16th, & 19th Floor),8, Rajuk Avenue
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.ificbankbd.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Ratings:
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Incorporation Date:
1976
Key Executives
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Managing Director
Ownership Details
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4.11%
Subsidiaries
Company Performance
Financial values in the chart are available after International Finance Investment And Commerce Bank Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net interest income
-55.38%
Operating profit (EBIT)
-57.22%
Net Profit (Loss) for the Period
-59.93%
Total assets
14.74%
Total equity
4.83%
Total Assets Trend
2.8%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-3.12%
Loans to Asset Ratio
-1.38%

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