IFIC Bank PLC — Company profile

Commercial Banks · Bangladesh

Last price 5 BDT (At close: Oct 29, 2026) · Market cap 9.61B

Latest research: IFIC Bank financial analysis: 61% NPL, BDT 216bn provision shortfall (sum of notes) deferred, CRAR 1.8% and negative equity (Oct 2026) · IFIC Bank: 61% of loans classified, a BDT 216bn provision shortfall (our sum of notes) deferred by Bangladesh Bank, CRAR of 1.8% and negative equity by June 2026

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Company profile

IFIC Bank PLC provides various commercial banking services in Bangladesh. The company provides saving, current, and freelancer accounts; pension saving scheme, foreign currency, special notice, corporate plus, fixed and other deposits; women, SMS, and internet banking services; overdraft; home, purchase, margin, lease, syndication, structured, and trade and cluster financing loan products; and debit and credit cards. It also provides business banking, including IFIC offshoring, SME and agri, sustainable, treasury, and corporate business; locker and remittance; brokerage, electronic, and initial public offering; capital market operation; and equity investment, joint venture sourcing, corporate restructuring, research, and privatization services. It operates through a network of branches, sub-branches, and ATM booths. The company was formerly known as International Finance Investment and Commerce Bank Limited and changed its name to IFIC Bank PLC in March 2023. IFIC Bank PLC was incorporated in 1976 and is based in Dhaka, Bangladesh.

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