08/12/2025
We hosted a Technical Session on IFRS 9 for leaders in the banking sector of Bangladesh where we had the opportunity to share our insights and experiences in implementing Bangladesh Bank's latest Guidelines on IFRS 9 based provisioning for the banking sector.
The session was aimed to build confidence among the leadership of various banks as they embark on their journey to operationalise IFRS 9 in alignment with Bangladesh Bank’s regulatory instructions. We discussed international practices, implementation lessons from other jurisdiction, and pragmatic approaches for enhancing data, systems, governance, and risk assessment models. The session also included a comprehensive technical coverage of IFRS 9 based ECL implementation, emboldening the participants understanding of the IFRS 9, its provisioning methodology and practical operational considerations.
Adeeb H Khan, Senior Partner of Rahman Rahman Huq (KPMG in Bangladesh) opened the session highlighting IFRS 9 as not merely an accounting change but a fundamental shift in how banks view risk and their decision-making process. The Technical Session was conducted by an expert panel consisting of M Mehedi Hasan, Partner at Rahman Rahman Huq (KPMG in Bangladesh); Raditha Alahakoon, Partner at KPMG Sri Lanka; and Preeti Saharan, Partner at FRM, KPMG India.
It was thoroughly invigorating event where the speakers and participants shared their insights, thoughts and experiences.
We encourage you to keep the conversation going and follow us for more content and updates in our collective IFRS 9 implementation journey where we strive to support the banks in Bangladesh and provide our professional insight every step of the way.