IFIC Bank Limited has received the "2020 US Dollar Clearing MT103" award from American multinational investment bank and financial services holding company JPMorgan Chase and Co.
The bank has received the elite quality recognition award for the third consecutive year with its outstanding achievement of 99.58% rate in MT 103 STP, says a IFIC Bank press release on August 5.
Following the difficulty of the Covid-19 situation across the globe, JPMorgan organised a virtual award-giving ceremony to honour IFIC Bank Ltd with award certificates and crests.
Shah A Sarwar, managing director-cum-chief executive officer of IFIC Bank, acknowledged receipt of the crests from Christine Tan, managing director, head of Asia Pacific- Financial Institutions Group of JPMorgan Chase, in the digital ceremony.
Sazzad Anam, executive director and country head Bangladesh, JP Morgan Bangladesh Office, and Shah Md Moinuddin, deputy managing director-cum-head of International Division, Md Nurul Hasnat, deputy managing director-cum-head of Business, and other senior officials from the IFIC Bank were also present on this occasion.