Jamuna Bank Holds Training on IFRS-9 ECL Implementation

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Jamuna Bank Holds Training on IFRS-9 ECL Implementation

Jamuna Bank PLC has recently organized a training on the implementation of Expected Credit Loss (ECL) under IFRS-9 at the Bank’s Training Academy at Reliance Building, Gulshan-1, Dhaka. The training session was inaugurated by the Managing Director & Chief Executive Officer of Jamuna Bank PLC, Mr. Mirza Elias Uddin Ahmed, who emphasized the importance of IFRS-9–compliant credit risk management, forward-looking loss assessment, and strict regulatory compliance to support capital adequacy and sustainable financial performance.

The training was conducted by Mr. Abdur Rahman, Manager, PricewaterhouseCoopers (PwC), Bangladesh Office, who delivered a comprehensive presentation on IFRS-9 requirements and the ECL framework. His discussion covered key areas including ECL modeling methodology, staging criteria (Stage-1, Stage-2, and Stage-3), Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), data requirements, and practical considerations for ECL implementation in line with Bangladesh Bank guidelines.

The training session was attended by Mr. Md. Abdus Salam, Additional Managing Director & Chief Operating Officer (AMD & COO); Mr. Md. Shahidul Islam, Deputy Managing Director & Chief Risk Officer (DMD & CRO); and Mr. Md. Jahangir Alam, Deputy Managing Director & Head of Wholesale Banking Division and Ms. Sayaqua Moslem, Director, PricewaterhouseCoopers (PwC), Bangladesh . Other related Divisional heads of the Bank, were also present in the session.

A total of 41 officials from the Head Office and various branches of Jamuna Bank PLC participated in the training, representing different functional divisions of the Bank. The Management of Jamuna Bank PLC expressed confidence that the training would significantly strengthen the Bank’s institutional capacity for IFRS-9–compliant ECL implementation, enhance credit risk management practices, and ensure improved accuracy, transparency, and regulatory compliance in financial reporting.

 

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