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International Finance Investment and Commerce No.of Branches: 157. No.of Uposhakhas: 500. No.

of
Bank Limited (IFIC Bank). Shareholders: 39,267.

Established in 1976 as a joint venture between the


Government of Bangladesh and Sponsors in the
private sector.

Government of the People's Republic of Bangladesh


holds 32.75% of the share capital of the Bank.
Sponsors/Directors having vast experience in the
field of trade and commerce own 4.11% of the share
capital.

Present combined shareholding of the


Sponsors/Directors are 36.86% of the total
outstanding share capital of the Bank.

Chairman: Salman F Rahman MP. Vice Chairman:


Ahmed Shayan Fazlur Rahman Managing Director &
CEO: Mohammad Shah Alam Sarwar. Head of ICC:M.
Mozibar Rahman.

Transaction Service Officer(TSO). Banking function: The function of a Bank is to collect


deposits from the public and lend those deposits for the
Responsibilities: Front line service provider for development of Agriculture, Industry, Trade and Commerce.
opening A/Cs & issuing cheque book. Providing Card Bank pays interest at lower rates to the depositors and
& Mobile banking services. Providing Remittance receives interests on loans and advances from them at
(Local/Inward) and Locker service. Issuing higher rates.
FDR/DPS/Sanchaya-PatraClearing, Cash/Cheque
receipt & payment. Bill receipt & transfer, Fund INVESTMENT Banking: The primary goal of an investment
transfer, Receiving Loan Payment/Transfer. bank is to advise businesses and governments on how to
meet their financial challenges. Investment banks help their
Human resource management (HRM) is the practice clients with financing, research, trading and sales, wealth
of recruiting, hiring, deploying and managing an management, asset management, IPOs, mergers, securitized
organization's employees. products, hedging, and more.

HRM Function include job design and job analysis, Roles of investment banks: include the underwriting of new
recruitment/ hiring and selection, training and stock issues, handling mergers and acquisitions, and acting
development, compensation and benefits, as a financial advisor.
performance management, managerial relations and
labour relations. HRM Objectives: Defining Organizational Structure And
Driving Productivity. Offering Employee Satisfaction.
Organizational Goals. Building Coordination Between
Organizational Departments.

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