Gross reserve crosses $32b after 31 months
The country’s gross foreign exchange reserve has crossed $32 billion after 31 months amid increased remittance and export earnings...
The country’s gross foreign exchange reserve has crossed $32 billion after 31 months amid increased remittance and export earnings...
Prime Bank PLC on Tuesday launched Bangladesh’s first-ever SME debit card with international remittance facility, enabling small and medium enterprises to make seamless international online payments for business purposes...
Remittance inflow into Bangladesh surged by 11.7 per cent in September compared with the same month a year earlier.
BRAC Bank has partnered with VeloxPays Pty Ltd, a new remittance service provider, to deliver an app-based remittance experience for wage earners in Bangladesh...
REMITTANCE earnings of migrant workers significantly contribute to the economy. Yet, government services for them remain inadequate and unsatisfactory. In a multi-stakeholder consultation meeting in Dhaka on September 30, civic groups called on the government to improve its labour migration services. The government agencies, mainly the Bureau of Manpower...
Money Transfer Operators and bankers have emphasised the need to embrace next-generation technologies to boost remittance inflows, as expatriates prioritise low-cost, secure, and instant money transfers to their families in Bangladesh...
State-owned Rupali Bank PLC has achieved the milestone of $1 billion in foreign remittance collection for the first time in the calendar year...
The dollar holdings of Bangladesh’s commercial banks declined in August despite a rise in remittance inflows and export earnings, as the central bank’s large-scale dollar purchases and increased import payments drained banks’ foreign currency balances...
Lauding the role of non-resident Bangladeshis, Chief Adviser Professor Muhammad Yunus on Sunday said the remittance of Bangladeshi expatriates saved the country’s economy after the July uprising...
Remittance inflow into Bangladesh grew by 8.9 per cent in August compared with the same month a year earlier, reflecting sustained momentum in migrant workers’ earnings sent through formal channels.
Agent banking outlets disbursed Tk 1.65 lakh crore remittances to rural areas in April–June this year, reflecting their growing role in bringing migrant workers’ earnings directly into the hands of families in remote parts of Bangladesh...
Bangladesh received US$ 1.14 billion in remittances in the first 13 days of August of the fiscal year 2025-26...
The country’s gross foreign exchange reserve has once again crossed $30 billion amid increased remittance and export earnings...
Trust Bank PLC has reached a significant milestone of $1 billion in inward remittance within July, capturing a 5.70 per cent market share among the 60 scheduled banks in Bangladesh to date, said a press release...
Remittance inflow has soared by 29.47 per cent in July compared with that in the same month in the previous year...
Bangladesh’s current account balance returned to surplus in the fiscal year 2024–25 for the first time in eight years, driven by a surge in remittance inflows and export earnings, alongside sluggish import growth reflecting weak investment demand...
NALA, a US-based financial services company, has recently launched its services in Bangladesh aiming to simplify sending remittances to the country, said a press release...
Bangladeshi expatriates have sent inward US$2.36 billion in remittances in the first 30 days of July, the first month of the current fiscal year 2025-26...
Sonali Bank PLC on Thursday announced the highest remittance recipient and three recipients by lottery for the month of April, May and June under its Remittance Campaign of 2025...
Bangladesh’s current account deficit reduced much in the first 11 months of the 2024–25 fiscal year, mainly due to a strong rise in remittance inflows...
Bangladesh recorded an all-time high of $30.32 billion in remittance inflows in the 2024–25 fiscal year, reflecting a 26.8 per cent year-on-year jump, due to some government measures including higher cash incentives, streamlined regulations, and efforts to boost formal transfer channels...
Al-Arafah Islami Bank on Wednesday organised a prize-giving ceremony for its Eid-ul-Azha Remittance Campaign 2025, said a press release...
Remittance inflow crossed the $30 billion mark for the first time in a single fiscal year, reaching $30.32 billion in FY2024–25 (July–June)...
Bangladesh’s remittance inflow has witnessed 7.1 percent year-on-year growth, reaching $2.54 billion in the first 28 days of June...
Bangladesh’s gross foreign exchange reserves, calculated under IMF guidelines, soared to $22.65 billion on Wednesday amid fresh disbursements from the International Monetary Fund, World Bank and strong remittance inflows...
Expatriate Bangladeshis have sent about $1.99 billion in the first 21 days of June...
BRAC Bank has recently organised a customer engagement event at Daudkandi in Cumilla, aimed promoting its remittance products such as ‘Probashi Poribar’ and ‘TARA Probashi Poribar,’ a press release said...
Remittance inflow has soared by 29 per cent in July-May period in 2025 compared with that in the same period in the previous year...
Ahead of Eid, 14 highest remittance receivers through bKash won Hisense Deep Freezers and 43-inch Hisense Smart TVs in the first week of the campaign...
Disbursement amount of inward remittances through agent banking rose 20.87 per cent to Tk 1,81,204.73 crore at the end of March 2025.