Bangladesh receives over $1.20b remittance in 18 days of January
If this remittance inflow continues, the volume of inward remittance will cross $2 billion in January, according to the central bank
Bangladesh has received over $1.20 billion remittance in 18 days of January 2025.
According to the latest update from Bangladesh Bank, expatriate Bangladeshis have sent this amount of remittance through banking channels between 1-18 January. If this remittance inflow continues, the volume of inward remittance will cross $2 billion in January.
In December 2024, expatriate Bangladeshis sent a record $2.64 billion remittance through banking channels.
According to the central bank, during 1-18 January, $258.87 million came to the country through government banks, $50.98 million through one of the two specialised banks (agricultural bank), $893.31 million through private banks, and $3.72 million through foreign banks.
Nine banks did not receive any remittance in the 18 days of January.
These include Bangladesh Development Bank Ltd (BDBL), Rajshahi Krishi Unnayan Bank; private banks—Community Bank, ICB Islami Bank, and Padma Bank; and foreign banks—Habib Bank, National Bank of Pakistan, State Bank of India, and Woori Bank.