Expatriates send $1.21B in remittances in first 18 days of January

Expatriate Bangladeshis sent over $1.21 billion in remittances during the first 18 days of January in the 2024-25 fiscal year.

Of this amount, remittances through state-owned and specialised banks accounted for $309.85 million, while private banks received $893.31 million, according to data released by Bangladesh Bank (BB) on Sunday.

Six state-owned commercial banks—Agrani, Janata, Rupali, Sonali, Basic, and BDBL—received a total of $258.87 million, while one state-owned specialised bank, Bangladesh Krishi Bank, received $50.98 million.

Among the state-owned banks, Agrani Bank received $66.79 million, Janata Bank $60.43 million, Rupali Bank $56.95 million, Sonali Bank $74.64 million, and Basic Bank received $0.06 million.

The highest remittance of $177.37 million came to the country through Islami Bank Bangladesh Ltd.

Source: BSS