Jamuna Bank arranges training on expected credit loss implementation

Jamuna Bank PLC recently organised a training programme on the implementation of Expected Credit Loss (ECL) under IFRS 9 at the bank’s training academy in Gulshan-1, Dhaka.

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.

Mirza Elias Uddin Ahmed, managing director and chief executive officer of Jamuna Bank PLC, inaugurated the training session as the chief guest, according to a press release.

Ahmed emphasised 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.

Abdur Rahman, manager at PricewaterhouseCoopers (PwC), Bangladesh Office, conducted the training.

The bank’s management expressed confidence that the training would significantly strengthen the institution’s capacity for IFRS 9-compliant ECL implementation, enhance credit risk management practices, and ensure improved accuracy, transparency, and regulatory compliance in financial reporting.

Md Abdus Salam, additional managing director and chief operating officer; Md Shahidul Islam, deputy managing director and chief risk officer; Md Jahangir Alam, deputy managing director and head of the wholesale banking division; and Sayaqua Moslem, director at PwC Bangladesh, along with other related divisional heads of the bank, were also present.