Dhaka, Oct. 21 -- The Institute of Chartered Accountants of Bangladesh (ICAB) has strongly backed the proper and comprehensive implementation of International Financial Reporting Standard (IFRS) 9 to enhance transparency, strengthen financial stability, and restore public trust in the country's banking sector.

The call came from industry experts and regulators at an ICAB-organized webinar titled "Implementing IFRS 9: Global Insights and Bangladesh Perspectives" on Tuesday.

They stressed that effective IFRS 9 adoption requires robust technological resilience, reinforced governance, and significant investment in data infrastructure to ensure both compliance and long-term financial sustainability.

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