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IFIC BANK gets JP Morgan recognition award

Staff Correspondent

6 August, 2020 12:00 AM printer

IFIC BANK gets JP Morgan recognition award

IFIC Bank Limited has received the ‘2020 US Dollar Clearing MT103’ elite quality recognition award from the New York-based JP Morgan Chase and Company, 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 percent rate in MT 103 STP, said a press release.

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

Shah A Sarwar, MD and CEO of IFIC Bank Limited acknowledged receipt of the crests from Christine Tan, Managing Director, Head of Asia Pacific- Financial Institutions Group of JPMorgan Chase in the digital ceremony.