IFIC Bank holds day-long workshop on currency management

With an aim of making currency management more streamlined, disciplined, and modernised, IFIC Bank PLC—the country’s largest commercial bank in terms of branch and Uposhakha network—organised a day-long workshop titled “Currency Management by Scheduled Bank Branches.”

The workshop was held recently, on Saturday, 12 July 2025, via an online platform. It focused on various aspects of the Clean Note Policy and Note Refund Regulation, proper note sorting, fake note detection, prevention of counterfeit circulation, and reporting procedures as mandated by Bangladesh Bank, according to a press release.

The workshop featured Mr. Mohammad Ashraf Uddin and Mr. Abdul Based, both Joint Directors of Bangladesh Bank, as resource persons. They provided valuable insights on current regulations, Bangladesh Bank directives, and modern cash management systems. Mr. Md. Abdul Quayum Chowdhury, Sylhet Branch Manager of IFIC Bank, and Mr. William Chowdhury, Head of the Currency Management Department at IFIC Bank PLC, were also present.

More than 400 officials from various branches and Uposhakhas of IFIC Bank in the Dhaka and Sylhet regions participated in the workshop.