People's Republic of Bangladesh

IFRS 9 Compliance in Bangladesh

Localized regulatory updates, provisioning models, and audit-ready disclosures for financial institutions in the People's Republic of Bangladesh

Regulatory Context

Bangladesh IFRS 9 Requirements

Bangladesh Bank (BB) mandates IFRS 9 compliance for all scheduled banks and financial institutions. Bangladesh adopted IFRS 9 in phases starting 2018, with BB providing detailed guidelines on ECL methodology, loan classification, and quarterly reporting requirements specific to Bangladesh's banking sector.

Bangladesh Bank (BB)

Central regulatory authority via Banking Regulation & Policy Department

Quarterly BB Returns

Detailed ECL reporting via Department of Off-site Supervision (DOS) formats

Islamic Banking Excellence

Full-fledged Islamic banks and Islamic banking windows requiring Shariah ECL models

RMG & Garment Sector Focus

Specialized considerations for ready-made garment exports and textile financing

Key Compliance Milestones

January 2018
IFRS 9 Adoption
Scheduled banks began phased transition from IAS 39 to IFRS 9
2019
BB BRPD Circular
Enhanced guidance on ECL calculation methodology and stress testing
2020
COVID-19 Relief Measures
BB forbearance guidance and special provisions for affected sectors
2024
Enhanced Model Governance
Stricter ECL model validation and external audit requirements
Localized Solution

Estimator 9 for Bangladesh Banks

Purpose-built ECL automation tailored to Bangladesh Bank regulatory requirements and local market dynamics

BB DOS Reporting

Pre-configured templates matching Bangladesh Bank's Department of Off-site Supervision formats

Islamic Banking Support

Comprehensive ECL models for Bangladesh's growing Islamic banking sector

Bangladesh Macro Scenarios

Forward-looking scenarios calibrated to BDT, RMG exports, remittances, and agriculture

Trusted by Leading Bangladeshi Banks

FineIT serves multiple scheduled banks in Bangladesh with BB-compliant IFRS 9 solutions. Our regional presence in Dhaka and deep understanding of Bangladesh's RMG-driven economy, remittance flows, and Islamic banking sector ensures contextual accuracy.

12+
Bangladesh Banks
100%
BB Audit Compliance
24/7
Local Support

Benefits for Bangladesh Institutions

Proven advantages from our Bangladeshi banking clients

66%
Faster ECL Runs
100%
BB Audit Pass Rate
24/7
Local Support
BN/EN
Bilingual Interface
Regional FAQs

Frequently Asked Questions - Bangladesh

Common questions from Bangladeshi financial institutions

Partner with FineIT for IFRS 9 Compliance in Bangladesh

Join leading Bangladeshi banks using Estimator 9 for BB-compliant ECL automation