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Tags : Remittance


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Remittance inflow $2.42b in Aug

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.

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Agent banks’ remitting in rural areas rises

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...

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Forex reserve crosses $30b again

The country’s gross foreign exchange reserve has once again crossed $30 billion amid increased remittance and export earnings...

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Trust Bank secures $1b inward remittance

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...

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Remittance inflow surges by 29pc

Remittance inflow has soared by 29.47 per cent in July compared with that in the same month in the previous year...

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Current account returns to surplus after 8 years

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...

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NALA launched to ease remittance inflow

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...

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Remittance inflow rises by 32pc in July

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...

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Sonali Bank announces remittance campaign winners

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...

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Current account deficit reduces in July-May

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...

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Reforms, higher incentives push remittances to $30b

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...

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Remittances $2.54b in 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...

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Bangladesh’s Forex reserve soars to $22.65b

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...

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BRAC Bank promotes remittance products in Cumilla

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...

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Remittance inflow surges

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...

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Proposed US remittance tax may hit inflows: experts

US president Donald Trump’s proposal to impose a 5 per cent tax on remittances sent by immigrants — including green card holders and H-1B visa holders — has raised concerns in Bangladesh, with economists warning of a potential decline in remittance inflows and a rise in informal money transfers...

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Expats send $1.6b in 17 days of May

Bangladesh has received $1.61 billion in inward remittances during the first 17 days of May, marking a robust flow of foreign currency from expatriate workers, according to a revised update from Bangladesh Bank...

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Agrani Remit App launched in Malaysia

Agrani Bank PLC on Tuesday launched ‘Agrani Remit App’ to assist in secure and legal remittance transfers from Malaysia to Bangladesh, said a press release...

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Current account deficit decreases to $659m

Bangladesh’s current account deficit narrowed significantly in the first nine months of the 2024-25 financial year, mainly due to a robust increase in remittance inflows, according to the latest data released by Bangladesh Bank...

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Remittances $2.75b in Apr

The country’s remittance inflow witnessed a year-on-year growth of 34.6 per cent, reaching $2.75 billion in April...

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Dollar eases slightly

Bangladesh’s currency, the Taka, has strengthened against the US dollar, bolstered by recent growth in remittances and exports...