Remittance inflow hits $2.25 billion in 19 days
Remittance inflow witnessed a remarkable year-on-year growth of a massive 78.4 per cent to $2,252 million in the first 19 days of March...
Tags : remittance
BKB hosts lottery draw of remittance festival
Bangladesh Krishi Bank on Tuesday conducted lottery draw of the first phase of its 鈥楻emittance Festival 2025鈥� organised on the occasion of Eid-Ul Fitr, said a press release...
Remittances through agent banking rises to Tk 1,73,390cr
Disbursement amount of inward remittances through agent banking rose 21.16 per cent to Tk聽1,73,390.72 crore at the end of December 2024.
US top remittance source in Feb
Bangladeshi expatriates in the United States sent home the highest remittance amounting to US$491.26 million in February, according to Bangladesh Bank data...
Remittance inflow hits $2.5b in February
Remittance inflows to Bangladesh surpassed $2.5 billion in February as expatriates sent additional funds presumably to support their families ahead of Ramadan...
Forex reserve nears $21b amid high remittance
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund guidelines, neared $21 billion again, driven by strong remittance inflows...
About $2b remittance received in 22 days
Expatriate Bangladeshis sent near US$ 2 billion in remittances during the first 22 days of February in the fiscal 2024-25...
Bangladesh Remittance Fair at NY on April 19-20
A two-day 鈥�4th Bangladesh Remittance Fair 2025鈥� will be held in New York on April 19-20 to increase remittance flow from the USA to Bangladesh.
Bangladesh鈥檚 reliance on Gulf nations under threat
OVER 10 million Bangladeshi migrant workers send home an estimated $22 billion in remittances annually, making it the country鈥檚 second-largest source of foreign exchange after garment exports. More than 60 per cent of this originates from the Middle East, with Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait leading the way. At the same time...
Remittance surge boosts current account to surplus
The country鈥檚 current account balance turned positive in July-December period of FY25, primarily due to a sharp surge in remittance inflows, compared to the same period in FY24...
Remittance inflow above $2b for 6th straight month
Remittance inflow to Bangladesh increased slightly in January, with the inflow remaining above $2 billion for the last six consecutive months...
Dollar rate for remittance rises
The US dollar rate for remittances has risen again by 50 basis points, reaching Tk聽122.5...
Remittance fair to be held in New York in April 19-20
The two-day long 鈥�4th Bangladesh Remittance Fair 2025鈥� will be held in New York in April 19-20 to increase remittance flow from the USA to Bangladesh.
Bangladesh receives $1.21b in remittance in 18 days
Expatriate Bangladeshis sent over US$1.21 billion in remittance during the first 18 days of January in the 2024-25 fiscal year...
NCC Bank receives remittance award
NCC Bank received 鈥楾op Ten Remittance Award鈥� from the Ministry of Expatriates鈥� Welfare and Overseas Employment in recognition of their performance in facilitating remittance collection...
Agrani Bank CEO exchanges views in Jashore
Agrani Bank PLC officials discussed business plan for 2025, core deposit collection, remittance collection, loan distribution in the CMSME sector, reduction of classified loans and strengthening loan recovery activities in Jashore...
Remittance inflow reaches $13.77b in July-December
Remittance inflow to Bangladesh reached a record high of $13.77 billion in the first half of fiscal year 2024-25, with December alone contributing record $2.63 billion, according to Bangladesh Bank data...
Islami Bank top remittance collector
Bangladesh Bank governor Ahsan H Mansur said that Islami Bank was established as an international bank where many foreign investors invested and the bank secured the top position in collecting foreign remittance.
Remittance inflow thru MFS surges by 95pc in October
Bangladesh鈥檚 migrant workers sent home Tk 1,102.22 crore in remittances through mobile financial service providers in October 2024, according to Bangladesh Bank data.
Taptap Send begins operations in Australia for expatriates
International remittance service Taptap Send has recently announced its expansion into Australia, said a press release...
Remittance rises by 26pc in July-Nov
Remittance inflow to Bangladesh has maintained a record-breaking trend, staying above $2 billion for the fourth consecutive month in November, according to Bangladesh Bank data...
Bangladesh's forex reserve rises slightly amid high remittances, exports
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has increased marginally to $18.49 billion on Thursday amid increased remittance inflow and export earnings...
$7b remittance received in three months
Bangladesh has received remittance of over $7 billion from expatriate citizens in the past three months, official data showed...
Taptap Send launches airtime recharging for Bangladeshis
Taptap Send, international remittance service provider, has introduced airtime recharging feature for recipients in Bangladesh, said a press release.
Higher remittance makes聽only difference
The higher inflow of remittance on the back of a slim export growth is the major exception amid deterioration of other major economic indicators during the first quarter of the current financial year...
Remittance rises in Oct, SOBs log larger share
Remittance inflow to Bangladesh increased by more than 21 per cent in October compared with that in the same month in the past year, as expatriates favoured official channels, mainly...
Foreign debt repayment surpasses disbursement聽
The existing challenges of foreign debt repayment have become more complicated in the first quarter of already eventful FY25 despite the higher flow of remittance and...
Bangladesh Remittance Fair to begin in NY October 20
Two-day Bangladesh Remittance Fair will begin at Jamaica Performing Arts Centre in New York on October 20 to increase remittance flow from the USA to Bangladesh.
Remittance inflow thru bKash rises in Aug
Remittances sent through bKash in August of this year saw a significant 110 per cent increase compared to the same month of the previous year, said a press release.
Bangladesh's forex reserve rises by $384m in a month
Bangladesh鈥檚 gross foreign exchange reserve, as per the International Monetary Fund鈥檚 guidelines, increased by $384 million in a month, due largely to higher remittance inflows and a halt in the Bangladesh Bank鈥檚 dollar sales...