Deposit base crosses Tk 52,552 crore as daily digital transactions exceed Tk 200 crore

In a defining display of institutional resilience and strategic execution, IFIC Bank PLC has posted its most impressive results to date, recording sweeping gains in deposits, digital transactions, and new customer enrolment over the period spanning 2024 to April 2026.

IFIC Bank PLC holds a unique position in Bangladesh’s banking industry with 33% government ownership, reflecting a strong foundation of public trust and institutional capability. Its Board is always represented by senior government officials and distinguished industry leaders, ensuring strong governance and strategic oversight. The bank’s achievements reflect years of deliberate investment in branch accessibility, digital infrastructure and service quality; a combination that has earned it deepening loyalty from customers across Bangladesh.

"The numbers speak for themselves," said Mr. Helal Ahmed, Chief of Branch Business and Head of Operations at IFIC Bank. "Our customers’ trust is our greatest asset, and every figure in this report reflects our unwavering commitment to serving them better."

Since the July uprising of 2024, IFIC Bank has navigated a series of challenges stemming from the circulation of misleading information in the market. Despite the turbulence, the bank has consistently demonstrated resilience, emerging stronger each time.

When asked about the possibility of any potential setbacks on the horizon, the Chief of Branch Business and Head of Operations expressed confidence in the institution's preparedness. "In terms of business, we are always strategically ready and in terms of our skill set, we have a strong base of human resources, robust technological capabilities and customer confidence to tackle any challenge we may face in the field," he stated. "If and when we face challenges due to the spread of negative information in the market, we always manage to overcome them within the shortest possible time and that is largely due to the positive perception people hold of us."

Deposit Base Crosses Tk 52,552 Crore

Few indicators capture a bank’s health as clearly as its deposit growth, and on this measure IFIC Bank has delivered a striking performance. The bank’s total deposits stood at roughly BDT 47,500 crore in 2024; a solid base that has since expanded at an accelerating pace.

By the end of 2025, the figure had risen to more than BDT 51,700 crore, and the momentum continued into the new year: deposits surpassed Tk 52,552 crore as of April 2026. Officials credit this growth to widening retail outreach, a portfolio of competitive savings products, and the enduring trust that customers have placed in the institution through a period of broader economic transition.

Behind this figure lies a network of 1,413 branches and sub-branches, strategically distributed to serve communities far beyond the major cities. This infrastructure has been central to the bank’s financial inclusion mission, enabling it to bring formal banking services within reach of customers who might otherwise remain unserved. The pace of growth shows no sign of slowing: IFIC Bank is currently adding upwards of 1,600 new accounts each day.

Digital Platforms Power a New Era of BankingIFIC Bank’s digital banking push has moved from ambition to measurable impact. Daily transaction volumes through the bank’s mobile and online platforms now routinely exceed BDT 200 crore, contributing to a monthly digital transaction tally of more than BDT 6,000 crore; figures that place IFIC Bank firmly among the digital banking leaders in Bangladesh.

The IFIC Aamar Bank App sits at the heart of this transformation. With over 400,000 active users, the app has become a primary banking touchpoint for a rapidly growing share of the bank’s customers. It also serves as the gateway to IFIC Bank’s QR-based payment network, which was rolled out in coordination with Bangladesh Bank’s national cashless payment agenda.

Uptake of the QR payment service has been swift. Approximately 9,000 merchants have already joined the network, daily QR transaction value has crossed BDT 50 lakh, and total cumulative QR transaction volume now stands above BDT 1,000 crore; a striking achievement for a service still in its early stages of rollout.

Information Security and Compliance Certifications Enhancing Institutional Credibility

IFIC Bank PLC’s credibility and commitment to international best practices are further reinforced by its achievement of globally recognized certifications, including the ISO/IEC 27001:2022 certification for Information Security Management and the PCI DSS Certificate of Compliance for payment card data security. These certifications reflect the Bank’s strong focus on information security, data protection and operational excellence, further strengthening customer trust and institutional credibility.

Card Transactions Reflect a Cashless-First Customer Base

IFIC Bank’s card portfolio has kept pace with the bank’s broader growth story. With close to 600,000 debit and credit cards now in circulation, the bank is processing over 80,000 card transactions per day, adding up to a card transaction volume of approximately BDT 312 crore.

The steady rise in card usage points to a shift in how IFIC Bank’s customers manage their finances. Analysts note that the growing preference for card and digital payments is not merely a product of availability, but of deliberate customer education and a service experience that has built genuine confidence in cashless tools.

Positioned for Continued Leadership

What stands out about IFIC Bank’s recent performance is not just the scale of the numbers, but the consistency with which they have been achieved. Across deposits, digital engagement, branch expansion, and customer acquisition, the bank has delivered sustained progress year on year, a pattern that market observers say reflects disciplined management and a coherent growth strategy.

Looking ahead, IFIC Bank’s combination of an expansive physical network and a maturing digital ecosystem gives it a strong foundation from which to deepen its presence across the country. As Bangladesh’s financial sector evolves, the bank’s track record positions it as one of the sector’s most credible and consequential players. For customers, investors, and the broader economy, the message is clear: IFIC Bank is not merely growing; it is setting the pace.