IFIC Bank PLC Holds its 49th Annual General Meeting

The 49thAnnual General Meeting (AGM) of IFIC Bank PLC was held on Monday, 29 June 2026.The meeting was organized in a hybrid mode at the Army Golf Club in Dhaka,while shareholders also joined virtually.

The meetingwas chaired by Mr. Md. Mehmood Husain, Chairman and Independent Director of theBank. Among others, Mr. Md. Ebtadul Islam, Chairman of the Risk ManagementCommittee and Independent Director; Mr. Kazi Md. Mahboob Kasem, FCA, Chairmanof the Audit Committee and Independent Director; Mr. Md. Golam Mostofa,Chairman of the Executive Committee and Director; Mr. Md Monzorul Haque,Chairman of IFIC Securities Limited and Director; Mr. Syed Mansur Mustafa,Managing Director; Mr. Mokammel Hoque, Company Secretary; and the hon'bleshareholders of the Bank attended the meeting.

In hisaddress, IFIC Bank Chairman Mr. Md. Mehmood Husain said that the Board ofDirectors and the Management are working together to protect shareholders’interests, strengthen depositors’ confidence, and ensure long-term sustainablegrowth. He further mentioned that the Bank has already taken several strategicinitiatives to improve its financial base and asset quality, controlnon-performing loans, enhance operational efficiency, and ensure bettercustomer service. These initiatives are expected to strengthen the Bank’sbusiness capacity and improve its competitive position in the future.

The hon'bleshareholders appreciated the Bank’s positive progress under the leadership ofthe current Board of Directors. They stated that despite the global economicsituation and various challenges in the banking sector, IFIC Bank’s notabledeposit growth reflects customers’ confidence, effective business strategies,and the growing trust of customers in the Bank.

At themeeting, all scheduled agenda items, including the approval of the auditedfinancial statements for the year ended 31 December 2025 and the appointment ofauditors, were approved unanimously. The meeting was conducted by Mr. MokammelHoque, Company Secretary of the Bank.