News & Events

IFIC Bank gets J.P. Morgan Chase Recognition for third consecutive year

Date: 01 January 1970

IFIC Bank Limited has received the ‘2020 US Dollar Clearing MT103’ Elite quality Recognition Award from the New York-based J.P. Morgan Chase & Co., an American multinational investment and financial services holding company. 

IFIC Bank has received the elite quality recognition award for third consecutive year with its outstanding achievement of 99.58% rate in MT 103 STP.

Following the difficulty of the Covid-19 situation across the globe, JPMorgan organized a virtual award-giving ceremony to honor IFIC Bank Ltd with award certificates and crests. 

Mr. Shah A Sarwar, MD & CEO of IFIC Bank Ltd acknowledged receipt of the crests from Christine Tan, Managing Director, Head of Asia Pacific- Financial Institutions Group of J.P. Morgan Chase in the digital ceremony. 

Mr. Sazzad Anam, executive director and Country Head Bangladesh, J.P. Morgan Bangladesh Office, and Mr. Shah Md. Moinuddin, DMD & Head of International Division, Mr. Md. Nurul Hasnat, DMD & Head of Business, and other senior officials from the IFIC Bank were also present on this occasion.