IFIC Bank to raise paid-up capital

Posted by BankInfo on Thu, Mar 01 2012 08:17 am

IFIC Bank management has decided to increase the authorised capital of the Bank from existing Tk 5.35 billion to Tk 20 billion.

The board also has decided to amend clause VI of the Memorandum of Association and Clause V of the Articles of Association of the company subject to No Objection Certificate from the Bangladesh Bank.

The Daily Sun/Bangladesh/ 1st March 2012

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