Listed lender Jamuna Bank PLC has prepared its financial statements for the year ended December 31, 2025, in accordance with Bangladesh Bank regulations, according to its latest audited financial report.
The bank’s auditor, G. Kibria & Co., Chartered Accountants, included an “Emphasis of Matter” paragraph in the audit report, drawing attention to certain accounting and regulatory matters. However, the auditor did not modify the audit opinion, indicating that the financial statements present a fair view of the bank’s financial position.
According to disclosures published by the Dhaka Stock Exchange (DSE), the audit report highlighted Note 2 of the financial statements, where management explained the basis of preparation of the accounts, particularly regarding compliance with Bangladesh Bank’s rules on loan classification and impairment provisioning.
The report stated that the financial statements were prepared in accordance with the Bank Company Act, Bangladesh Bank directives, the Companies Act, and other applicable regulations. In cases where differences existed between International Financial Reporting Standards (IFRS) and Bangladesh Bank instructions, the bank followed the central bank’s regulatory requirements.
Jamuna Bank said it applied Bangladesh Bank policies in areas including investment in shares and securities, revaluation of government securities, loan-loss provisioning, suspended interest accounting, other comprehensive income (OCI), gratuity obligations, presentation and disclosure of financial instruments, repo transactions, financial guarantees, cash and cash equivalents, and off-balance-sheet items. Some of these treatments differ from IFRS requirements.
The bank also highlighted its internal control framework, noting that the Board Audit Committee regularly oversees financial, operational, and compliance-related activities. The Internal Control and Compliance Division conducts inspections across branches and departments and provides recommendations to strengthen governance.
According to the report, internal audit functions are used to prevent fraud, assess the effectiveness of control systems, and monitor regulatory compliance. The bank said it conducts regular risk assessments and monitoring activities to detect and prevent irregularities.
On risk management, the report noted that Jamuna Bank follows separate policies to address credit risk, foreign exchange risk, asset-liability management, anti-money laundering risks, information technology security risks, and internal control risks in line with Bangladesh Bank guidelines. Risk management reports are prepared and reviewed regularly.
Overall, while the auditor drew investors’ attention to certain presentation and policy-related matters, no adverse comments or qualifications were made to the audit opinion. The “Emphasis of Matter” paragraph was included solely to highlight information considered important for users of the financial statements.
