IFIC Securities Limited (A subsidiary company of IFIC Bank) is devoted to the development of the Capital Market of the country through extending world-class brokerage services to the individual and institutional investors. IFICSL deals in buying, selling and trading of securities in the Capital Market. As a sophisticated and innovative financial solutions provider, IFICSL aims at providing all sorts of brokerage and custodial services to its customers with the help of a dedicated work-force. IFICSL is a TREC holder of Dhaka Stock Exchange Limited.

IFICSL provides :

Brokerage Services

• Trade execution in Dhaka Stock Exchange Limited
• Dedicated, skilled & experienced dealer for Trade
• VIP Trading Booth & Female Trading Booth.

Margin Loan Facilities

Extends financial support to the clients for investment in the secondary market against the margin deposit of the clients within the limit set by the Management from time to time and Margin Rules & Regulations, 1999 of Bangladesh Securities & Exchange Commission (BSEC).

Full Service DP

• BO (Beneficial Owners) Accounts Opening
• Dematerialization of Shares
• Re-materialization of Shares
• Transfers and Multiple Accounts Movement
• Pledging, Un-pledging and Confiscation
• Corporate Action Inquiry
• BO ISIN Balance inquiry.

Electronic Services

• Trade through email and Phone
• Trade through Mobile App & Web Version
• SMS Service
• Daily Portfolio email Service.

Initial Public Offering (IPO) Services

• One-Stop IPO Service for clients as per the procedure.

Directors Representing from the Board of IFIC Bank PLC:

IFIC Investment Limited (A subsidiary company of IFIC Bank PLC) is devoted to establish, maintain, undertake, carry on, transact the business of merchant banking and other businesses as well as services related to capital market and to transact and do all matters and things on issue management, underwriting, portfolio management, asset management, capital market operation and other financial services including corporate advisory services, mergers & acquisition, equity investment, joint-venture sourcing, corporate restructuring, financial consultancy, corporate research, privatization and other related services in Bangladesh and overseas.

The company provides following services:

• Issue Management
• Underwriting Management
• Portfolio Management
• Asset Management
• Capital Market Operation
• Corporate Advisory Services
• Mergers & Acquisition
• Equity Investment
• Joint-Venture Sourcing
• Corporate Restructuring
• Financial Consultancy
• Corporate Research
• Privatization

Directors Representing from the Board of IFIC Bank PLC:

IFIC Money Transfer (UK) Limited, a fully owned subsidiary exchange company of IFIC Bank PLC was incorporated in UK. The company is authorized payment institution regulated by financial conduct authority in UK. It was incorporated as a private company with Companies House of England and Wales on 16 September 2010 under Registration No. 07379137. The Company (subsidiary) got registration from HM Customs and Excise on 17 January 2011 under Money Laundering Regulations. The Company also got registration from Financial Services Authority on 16 June 2011 under Payment Services Regulations 2009.

Address: IFIC Money Transfer (UK) Limited,18 Brick Lane, London E1 6RF, United Kingdom.

Website of the Company is: https://ificuk.co.uk/

Directors Representing from the Board of IFIC Bank PLC:
 

(Nepal Bangladesh Bank is merged with Nabil Bank Limited) Prior to merger with Nabil Bank Limited, Nepal Bangladesh Bank Limited, a joint venture commercial bank between IFIC Bank PLC and the Nepali Nationals, started its operation with effect from 06 June 1994 in Nepal with 50% equity from IFIC Bank PLC. IFIC Bank owned its 40.90% shares. As decided by the Board of Directors of IFIC Bank PLC, the process is undergoing for selling of entire shareholding of IFIC Bank to Ms. Sarika Chaudhary, Nepal at a purchase consideration of NPR 6,187,007,568 subject to approvals of Nepal Rastra Bank and other regulatory authorities. As a part of withdrawal of the investment from Nepal, Nepal Bangladesh Bank was merged with Nabil Bank Limited with Swap Ratio of 100:43 and started operation in the name of Nabil Bank Limited with effect from 11 July 2022. IFIC Bank presently holds 7.77% shares in Nabil Bank Limited with representing a Director in the Board till completion of sell and repatriation of the fund. The Bank has a network of 246 Branches at the different important locations in Nepal.

Director Representing from the Board of IFIC Bank PLC :

Oman Exchange LLC, a joint venture between IFIC Bank PLC and Omani Nationals, was established inv 1985 to facilitate remittance by Bangladeshi wage earners from Oman. IFIC Bank holds 49% shares and the balance 51% is held by the Omani sponsors. The exchange company has a network of 12 branches covering all the major cities/towns of Oman. By now the company has established direct remittance service with 9 countries viz. Bangladesh, India, Indonesia, Nepal, Pakistan, Philippines, Qatar, Sri Lanka, U.A.E.

Directors Representing from the Board of IFIC Bank PLC:

IFIC Bank had two branches in Pakistan, one at Karachi and the other at Lahore. Karachi Branch was opened on 26 April 1987, while the Lahore Branch was opened on 23 December 1993. To meet the Minimum Capital Requirement of the State Bank of Pakistan, Pakistan branches of IFIC merged with a reputed leasing company named NDLC and renamed the same as NDLC-IFIC Bank Limited with effect from 02 October 2003 and it was subsequently renamed as NIB Bank Limited with effect from 28 November 2005. In 2017 NIB Bank Limited merged with MCB Bank Limited and IFIC Bank now holds 175,508 shares of MCB Bank Limited.