An Overview of IFIC Bank Limited

International Finance Investment and Commerce Bank Limited (IFIC Bank) is banking company incorporated in the Peoples Republic of Bangladesh with limited liability. It was set up at the instance of the Government in 1976 as a joint venture between the Government of Bangladesh and sponsors in the private sector with the objective of working as a finance company within the country and setting up joint venture banks/financial institutions aboard. In 1983 when the Government allowed banks in the private sector, IFIC was converted into a fullfledged commercial bank. The Government of the Peoples Republic of Bangladesh now holds 32.75% of the share capital of the Bank. Directors and Sponsors having vast experience in the field of trade and commerce own 8.62% of the share capital and the rest is held by the general public. Market Information Last Trade Last Update Change 56.10 March 29, 2012 at 17:12:05 -1.50 -2.60% Open Price Yesterday Close Close Price Days Range Volume Total Trade Market Capital in BDT 58.4 57.6 56.3 56.0 58.4 269350 644 15945.863 (mn)

Basic Information Authorized Capital in BDT (mn) Paid-up Capital in BDT (mn) Face Value Total no. of Securities 52 weeks Range Market Lot 5350.0 2768.0 10.0 276837900 37.4 968
4 50

Business Segment Listing Year Market Category Electronic Share

Bank 1986 A Y

Financial Performance (last 5 years)

Year

Basic EPS

Basic EPS (Restated)

Net Asset Value Per Share

Restated Net Asset Value Per Share

Net Profit After Tax (mn)

Dividend %

Based On
Continuing Operations Includin g Extra Ordinary Income n/a n/a n/a n/a n/a n/a

Based on
Continuing Operations Including Extra Ordinary Income n/a n/a n/a n/a n/a n/a 402.35 389.70 238.31 240.70 26.45 n/a n/a 194.85 183.54 192.56 20.83 n/a Continuing Operations Including Extra Ordinary Income n/a n/a n/a n/a n/a n/a 24% B 100% B 30% B 25% B 27% B n/a

2006 2007 2008 2009 2010 2011

62.46 143.87 49.00 51.58 7.63 n/a

n/a 71.93 37.69 41.27 6.01 n/a

253.83 964.93 657.31 899.52 1664.09 n/a

Trend Analysis

Close Price Graph for last One Month

4 Total Trades Graph for last one month

Highest value: 58 Lowest value: 48.4

Highest value: 1187 Lowest value: 146

Close Price Graph for last One Year Highest value: 951 Lowest value: 38.6

Total Trades Graph for last one Year Highest value: 5228 Lowest value: 0

Source: www.dsebd.org (Dhaka Stock Exchange)

Price Earnings Ratio based on last Audited Financials Current Price Earning Ratio (P/E)
4

14.28

(based on continuing operation) Note: Based on Annualized EPS of 2011 Dividend Payout Ratio 4.08%

Note: Based on 2010 declared dividend, no dividend is given during 2011 Earnings Per Share (EPS) (Based on Continuing Operations) Note: Based on 2012 (Q3) stock position Tk. 9.15 per share

Comments: We know that our Industry Average is 8, where, P/E Ratio of IFIC Bank = 14.28 which is poor. Therefore I can come to a conclusion that the stocks are relatively risky. The market was falling down for the last few days. The value of the stock may be increased within 6 months. So the investor can undertake rational decision to invest into the share security of IFIC Bank Ltd.