Bangladesh has registered a total remittance inflow of $2.19 billion in the first month of the year. According to the central bank, remittances increased by 3.40% in January compared to the same period last year. The remittance inflow in January 2024 was at $2.11 billion. Analysis of the central bank's data
Tag: remittance
IBBL wins gold award for remittance collection
Islami Bank Bangladesh PLC (IBBL) has received the 'Top Ten Remittance Gold Award 2025' presented by the Center for NRB for achieving 1st place in foreign remittance collection. The award was presented at the inaugural ceremony of the World Conference Series 2025 titled ‘Branding Bangladesh’ organized by the Center for NRB
Country received $425mn remittances in 5 days of Oct: BB
SJIB signs remittance deal with Placid Express
Shahjalal Islami Bank PLC (SJIB) has signed a remittance drawing agreement with USA based remittance company Placid Express, USA at Bank’s Corporate Head Office in 03rd September 2024. The Managing Director of Shahjalal Islami Bank PLC Mosleh Uddin Ahmed and the Director of Placid Express, USA Mohammed Rashid signed in
July remittance reaches $1.91b, misses mark
Inward remittance navigates rough weathers to reach a receipt of US$1.909 billion in July as rate hikes pay off, yet misses the expected mark for the month. Latest Bangladesh Bank statics on the foreign exchange sent home by wage earners last month marked a year-on-year fall of $64 million. The expatriates living
BRAC Saajan Exchange hosts remittance event
BRAC Saajan Exchange, a subsidiary of BRAC Bank, organized an event titled "Remittance and Investment Opportunities in Bangladesh" on June 26 at the New Bingley Hall in Birmingham, UK. BRAC Saajan, a reliable, secure, and efficient money transfer service, is significantly boosting inward remittance in Bangladesh. BRAC Saajan's commitment to
Chance to win bonuses by sending remittance to bKash
Receiving highest amount of remittance directly to bKash account through ‘Taptap Send’, an international money transfer organisation (MTO), three remittance receivers each per month can get bonus of Tk 1 lakh. Besides, top 10 highest remittance receivers each can get a bonus of Tk 5,000 every week. The joint campaign, launched
Send remittance thru bKash
Expats sharing Eid joy by sending remittance thru bKash
Remittance hits eight-month high
In February, Bangladesh saw its highest remittance inflow in the past eight months, totaling $2.16 billion. This development offers a much-needed respite for the country's dwindling foreign exchange reserves, according to industry insiders. February's remittances marked a significant increase of 38.46% compared to the same month last year, as per data from