Expatriate Bangladeshis sent around $1,532.66 million 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, while private banks received $1,049.66 million. In comparison, remittances in the same period of September totaled $1.47 billion, indicating a significant boost in October’s figures.
According to the data of Bangladesh Bank, during the 19 days, six state-owned commercial banks – Agran Banki, Janata bank, Rupali bank, Sonali bank, Basic Bank 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.
Additionally, Bangladesh Bank reported that from October 13 to 19, expatriates sent $546.30 million, while $561.9 million was received between October 6 to 12, and $424.7 million in the first five days of the month.
