Bangladesh Sees Influx of Nearly $2 Billion in Remittances in February

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Dhaka: Expatriate Bangladeshis have sent nearly $2 billion back to the country in the first 22 days of February for the fiscal year 2024-25. The nation received a total of $1.93 billion during this period, showcasing the continued financial contributions from its global diaspora.



According to Bangladesh Sangbad Sangstha, data from Bangladesh Bank reveals that state-owned banks accounted for $831.36 million of the total remittances, while 43 private sector banks facilitated the inflow of $1,094.29 million. Among these, Agrani Bank PLC led the state-owned banks with $274.81 million, marking it as the top channel for remittances. Islami Bank Bangladesh PLC followed closely, handling $269.21 million, and Janata Bank PLC secured the third position with $186.97 million.



The current figures are part of an ongoing trend, as Bangladesh received $2.18 billion in remittances in January and $2.64 billion in December. These inflows play a crucial role in supporting the country’s economy and underline the significant contributions of Bangladeshi expatriates worldwide.