IFIC Bank provides project finance for various industrial projects in the form of Term Loans for civil construction, procurement of machinery and BMRE. Lease Finance is offered for procurement of vehicle and LC for import of machinery. Project Financing has been recognized as an important and crucial mode of finance for a financial institution for substantial growth of its industrial credit vis-a-vis managing long term finance. Growth of project finance/industrial credit of a developing country like Bangladesh is considered as a key parameter for full filing her dream for transforming into a mid-income country group.
Hence, apart from trade and commercial finance; IFIC Bank Ltd. from the very beginning has been an active partner of the private sector in developing large and medium scale industry of the country. The bank has been financing Term Loan (Industrial) facility for establishing new project and/or BMRE of various projects in the sectors viz. textile, garments, power, steel, telecom, pharmaceuticals, packaging, consumer products, healthand real estate.We are offering Short Term and Mid Term finance to our customers to meet emergency financial needs of their project/business.