IFIC Bank, Butterfly sign MoU on EMI facility
IFIC Bank PLC has signed a Memorandum of Understanding with Butterfly Marketing Limited to expand EMI facilities for the bank's customers.
The MoU was signed at IFIC Tower in Dhaka on Wednesday, 17 June, 2026, in the presence of senior officials from both organisations.
Under the agreement, IFIC Bank credit cardholders will be able to purchase products from Butterfly Marketing Limited and enjoy a 0% interest EMI facility for a tenure of up to 24 months.
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IFIC Bank Deputy Managing Director and Chief Credit Officer Md Rafiqul Islam; Chief of Branch Business and Head of Operations Helal Ahmed; and Head of Cards and Digital Banking Md Zakir Hossain were present at the event.
Representing Butterfly Marketing Limited were Md Shah Nawaz, Head of Treasury, and Md Mostafizur Rahman, Officer – Finance & Accounts.
Other senior officials from both organisations were also present.
