Bangladesh Association of Banks (BAB) Chairman Abdul Hai Sarker on Monday said the flow of inward remittances is expected to remain stable despite the ongoing conflict in the Middle East, provided Bangladeshi expatriate workers can continue their jobs without disruption.

He made the remarks while talking to reporters after a meeting with Bangladesh Bank Governor Md Mostaqur Rahman at the central bank headquarters.

“If our expatriate workers in the Middle East can continue their regular jobs, remittance inflow will remain steady,” the BAB chairman said.

However, the situation could change if the conflict leads to job losses or disruptions at workplaces, he said.

“If the war affects their employment or working environment, it may negatively impact remittance inflows,” he said.

It is too early to predict the outcome as much depends on the duration and stability of the situation, said the BAB chaimran.

During the meeting, Abdul Hai Sarker also stressed the need for regular coordination between the central bank and commercial banks on policy decisions to avoid gaps in implementation.

He said discussions also covered measures to maintain stability in weaker banks within the financial sector through necessary support.

The meeting further addressed the implementation of International Financial Reporting Standard (IFRS)-9, which requires banks to maintain provisions for expected credit losses.

The BAB chairman said a circular has already been issued and the standard is scheduled to come into effect in 2028.

“While we are following international standards, banks are exploring ways to implement them effectively within Bangladesh’s socio-economic context,” he said noting that the country’s banking infrastructure and capacity differ from those of developed economies.

He also expressed optimism about the central bank’s supportive stance toward private banks.