Remittance hits $2.68 billion in Sept: BB report

The central bank’s Monthly Workers’ Remittance Report for September shows that the highest inflow during the month was recorded in the second week — from September 7 to 13 — when expatriates sent USD 789 million through the banking system.

The September figure marks the highest monthly remittance so far in the current fiscal year (FY2025–26). Earlier, Bangladesh received USD 2.47 billion in July and USD 2.42 billion in August.

Remittance inflow also showed year-on-year growth, up from USD 2.40 billion in September 2024. The highest remittance inflow of 2025 was recorded in March, reaching USD 3.29 billion.

Private commercial banks accounted for the majority of remittance receipts in September, handling USD 1.95 billion. Among them, Islami Bank Bangladesh PLC led the chart with USD 698 million.

State-owned banks received USD 466 million, with Janata Bank topping the group at USD 170 million.

Specialized banks received USD 258 million, while foreign commercial banks handled a modest USD 6.24 million in remittances.

But, remittance inflows declined in the five banks undergoing merger processes.

Among them, Social Islami Bank and EXIM Bank received USD 4.51 million and USD 1.14 million, respectively, while Union Bank, Global Islami Bank and First Security Islami Bank recorded inflows of below USD 1 million each.

Two private commercial banks — ICB Islami Bank and Padma Bank PLC — received no remittance during the month. Among foreign commercial banks, all except Standard Chartered saw negligible inflows, reports UNB.