IFIC Bank PLC has revealed its new logo after careful consideration and several months since adopting the PLC suffix earlier this year.
The new logo design incorporates a clear space policy to ensure it stands out effectively. There should always be a border of clear space surrounding the logo.
To maintain legibility and accurate reproduction of the IFIC logo, there is a specified minimum size that must be adhered to. The logo’s size is measured by its width, and the minimum size is expected to be 1.5 inches.
Earlier this year, on March 28, the bank transitioned to IFIC Bank PLC, following a notice from Bangladesh Bank, which took effect immediately. The addition of PLC (Public Limited Company) signifies that the company is publicly traded, similar to the “Inc.” or “Corporation” designation in the United States.
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This change aligns with an amendment to the Company Act 1994, enacted in 2020, prompting companies in Bangladesh to adopt the PLC suffix in order to comply with the updated regulations.
