IFIC Bank receives JP Morgan Chase Recognition Award

IFIC Bank Limited has received the ‘2021 US Dollar Clearing MT103’ Elite quality recognition award from the New York-based JP Morgan Chase & Co., an American multinational investment and financial services holding company.

IFIC Bank received the award for fourth consecutive year with its outstanding achievement of 99.17 per cent rate in MT 103 STP, said a media statement on Wednesday.

IFIC Bank MD & CEO Shah A Sarwar received the crests from Country Head Bangladesh, JP Morgan Bangladesh Office Executive Director Sazzad Anam at IFIC Tower on October 31.

Shah Md. Moinuddin, DMD & Head of International Division, Nurul Hasnat, DMD & Head of Business and other senior officials from both banks were also present on this occasion.