Janata Bank PLC advances RBS implementation

Business Desk :

Janata Bank PLC convened a strategic meeting at its head office on recently to enhance preparation, awareness, and capacity building for the implementation of Risk-Based Supervision (RBS).

The session was chaired by Md. Mazibur Rahman, Managing Director of the bank. Deputy Managing Directors Md. Fayez Alam, Md. Nazrul Islam, and Md. Ashraful Alam also participated in the discussions.

Anjay Kumar Sardar, Deputy General Manager of the bank’s Risk Management Department, presented a comprehensive written report outlining the RBS framework and its integration into the bank’s operations.

The meeting underscored Janata Bank’s commitment to strengthening its risk management practices and aligning with the Bangladesh Bank’s regulatory guidelines.

By adopting RBS, the bank aims to proactively identify, assess, and mitigate potential risks, thereby ensuring enhanced financial stability and compliance.

This initiative reflects Janata Bank’s ongoing efforts to modernize its operations and uphold best practices in the banking sector.