Dhaka: The country's remittance inflow marked a significant year-on-year growth of 22.35 percent, reaching $3.23 billion in December. This figure represents the second-highest remittance for a single month in Bangladesh's history. In comparison, the country received $2.64 billion during the same period last year, as revealed by data from Bangladesh Bank (BB).
According to Bangladesh Sangbad Sangstha, the highest recorded remittance inflow for a single month was $3.29 billion in March of the fiscal year 2024-25. For the current fiscal year 2025-26, spanning from July to December, expatriate Bangladeshis have sent a total of $16.26 billion. This is a notable increase from the $13.78 billion received during the same period in the previous fiscal year.
A senior official of the central bank explained to BSS that Bangladesh Bank has implemented various measures to boost remittance inflow. These efforts aim to mitigate the foreign exchange crisis and bolster reserves. The official noted that these initiatives have positively impacted the income generated from expatriates sending money back to the country.
The BB data highlighted that in December alone, six state-owned commercial banks, including Agrani, Janata, Rupali, Sonali, Basic, and BDBL, received a combined total of $572.36 million. Additionally, the state-owned specialized bank, Bangladesh Krishi Bank, received $353.52 million. Agrani Bank led the state-owned banks with $127.06 million, followed by Janata Bank with $281.86 million, Rupali Bank with $106.39 million, Sonali Bank with $56.82 million, and Basic Bank with $0.21 million.
Furthermore, private commercial banks played a significant role, facilitating $2,293.94 million in remittances. Among these, Islami Bank Bangladesh PLC received the highest remittance amount of $671.87 million.