Bangladesh receives $1.53b in remittance in 19 days

Expatriate Bangladeshis sent around $1.53 billion in remittances during the first 19 days of October in the fiscal 2024-25.

Of this, remittances through state-owned and specialised banks accounted for $478.98 million.

According to the BB data, during the period, six state-owned commercial banks - Agrani, Janata, Rupali, Sonali, Basic and BDBL - received $400.82 million while one state-owned specialized bank- Bangladesh Krishi Bank- received $78.16 million.

Of the state-owned banks, Agrani Bank received $95.17 million, Janata Bank $105.50 million, Rupali Bank $96.06 million, Sonali Bank $104.05 million and Basic Bank received $0.04 million.

Besides, the expatriates have sent $1049.66 million through private commercial banks.

The highest $308.15 million remittance came to the country through Islami Bank Bangladesh Ltd.