IFIC Bank PLC, one of the country’s leading commercial banks, recently organized a series of online workshops titled “Currency Management by Branches of Scheduled Banks” with the objective of making currency management more structured, disciplined, and modern. Coordinated by the bank’s head office and supported by various branches across the country, these virtual workshops were held every Saturday during July and August 2025 and provided valuable learning and guidance to over 2,400 participating officials.

Distinguished officials of Bangladesh Bank attended the workshops as chief guests and resource persons. They were Mr. Sukumar Sarker, Additional Director (Cash); Mr. Md. Morshed Alam, Additional Director (Currency); Mr. Md. Monjur Rahman, Additional Director; Mr. A.K.M. Amirul Islam, Joint Director; Mr. Md. Mizanur Rahman, Joint Director; Mr.  Brojendra Nath Roy, Joint Director; Mr. Md. Abdullah-Al-Mamun, Joint Director; Mr. Md. Faruk Hossain, Deputy Director; Mr. Md. Atikur Rahman, Assistant Director; Mr. Swaroop Kumar Chowdhury, Director (Banking); and Mr. Ratin Kumar Pal, Director. They provided in-depth training to participants on topics such as currency policies, note refund regulations, note sorting, counterfeit note detection and prevention, and modern reporting processes.

The workshops were presided over by Mr. William Chowdhury, Head of the Currency Management Department of IFIC Bank. In his speech, he praised the vital role of bank officials in enhancing the bank’s currency management and emphasized the importance of taking necessary steps to make cash handling more secure and transparent. The participants comprised branch managers and officials representing different regions of the bank.

The primary objective of the workshop was to equip participants with essential skills and knowledge regarding modern techniques of cash management, counterfeit note detection and prevention, and effective reporting procedures. The bank authority expects that through such regular workshops, the quality of cash management will significantly improve, making banking operations more secure, efficient, and transparent. This initiative by IFIC Bank is not only a step toward internal improvement but also a significant contribution to enhancing the security and transparency of the country’s banking sector. By integrating modern technology and processes, efforts to make cash management more efficient and effective are being implemented through these workshops.